Knowledge backed complementary currencies.

1. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 1
WITS
(Knowledge backed complementary currencies)
Prof. Josep Lluis de la Rosa
& Dr. Teresa Bosch
Lyon, Feb 17, 2010

2. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 2
Knowledge is growth?
A number of authors Corsani,
Moulier, Canals, claim that
So far money was not growth
but credit was it
But knowledge is difficult to be converted into money
itself, because one can do many copies out of it and
thus the unit of change tends to zero

3. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 3
Wits
Knowledge backed
complementary community
currency
Wits = Things that make
sense in a community
wits
AGENTS
(Infohabitants)
REFERRALS
CITATIONS
C. Carrillo, J. L. de la Rosa, et al., Social Currencies and Knowledge
Currencies, Frontiers in Artificial Intelligence and Applications – AI
Research & Development, Vol: 146 pp: 266-274, October 2006, IOS Press
¢

4. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 4
Examples of Wits
Citations  Cents
Referrals  Counts
More examples to come (tags,
answers, kudos-reputation, etc).

5. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 5
Example 1 – CENTS for Solving
some Science Problems
misuse of peer review for selection
of papers
low vitality congresses
academic path pressures
need of more, and more and more,
breakthrough ideas
growing, growing, growing

6. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch
A reviewer at the National Institutes of Health evaluates a grant proposal.
6
Peer – Review Problems

7. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch 7
CHANGE OF BEHAVIOR

8. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 8
SoA Solutions for Peer Review
open publication (arXiv.org)
double blind peer review
peers bid
peer-review 2.0 (Mizzaro)
new indexes (H-Index)

9. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 9
A Potential Solution?
authors pay cash for
being reviewed?
SOCIALLY UNFAIR!

10. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 10
Our Solution- a New Currency ¢
a social currency based on citations
socially fair
universal resource
authors BID for open publication
Note: other currencies may apply…
¢
J. L. de la Rosa, Outline of Citation Auctions, Frontiers
in Artificial Intelligence and Applications – AI Research &
Development ISSN 0922-6389, Vol: 146 pp: 299-307,
October 2006, IOS Press

11. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 11
Cite this!
[Science will Benefit from Auctions]

12. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 12
Behavior of Scholars
The effect of varying the number of scientists in the
audience; (IPV about the conf)

13. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 13
Appraisal of Science
how much is worth a piece of
knowledge, a craft, or a
paper?
ask pals for help
they, in fact, peer review it…
more peer-review than ever!

14. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 14
Open Questions
how to encourage accomplished
scientist to mentor younger and new
ideas
It is about transfer of [scientific] wealth
How to create contracts, loans and
mentoring
dynamization: taxes?
inflation control

15. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 15
Open Questions
test citation auctions in real congresses and
journals
make agreements to create the (citations) currency
so far…
some people think it is a crazy idea
others think it will surely work but introduce
capitalism to knowledge, what is very bad!

16. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 16
Example 2 – COUNTS
Knowledge is used for accurate marketing
campaigns
Some companies sell that knowledge
Agents are able to data
mine the knowledge
REFERRALS of agents  COUNTS

17. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch
A Human World,
designed for People

18. EASY Innova UdG © Josep Lluis de la Rosa and Teresa BoschCopyright  2001 Agents Inspired
The Search
Objective!

19. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 19

20. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 20
COUNTS is another type of
WITS
Still a crazy idea?

21. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 21
Key ideas
[CC is all about taking advantage
of hidden community assets]
[Citations and auctions may impulse a paradigm
shift in Science]
[Referrals and counts may impulse a
paradigm shift in marketing
[Wits may result in a paradigm shift in Society]

22. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 22
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WHY NOT?
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Rensselaer – why not change the world?

23. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 23
CALL FOR PARTNERS

24. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 24
We are looking for partners in a
FET Open call EU project
peplluis@eia.udg.edu

25. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 25
Roadmap (of CENTS)

26. EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 26
Josep Lluis de la Rosa (Prof.)
¢
Money is our oldest information system