The document discusses the transition to a new economic model driven by social media and collaboration technologies. It argues that these technologies allow for new forms of organizing based on abundance of people, knowledge, and time rather than scarcity. Specifically, it envisions that social networks, peer-to-peer funding, and crowdsourcing will mobilize people and resources for co-creation in a sustainable way beyond traditional business models. The document advocates for organization 3.0 models that are transparent, boundaryless, and self-organizing using social media and new collaboration platforms.