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Nurturing the Emergence of a Thrivable Future
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New Rules for the New Economy

New Rules for the New Economy | The Next Edge | Scoop.it

1) Embrace the Swarm. As power flows away from the center, the competitive advantage belongs to those who learn how to embrace decentralized points of control.

2) Increasing Returns. As the number of connections between people and things add up, the consequences of those connections multiply out even faster, so that initial successes aren't self-limiting, but self-feeding.

3) Plentitude, Not Scarcity. As manufacturing techniques perfect the art of making copies plentiful, value is carried by abundance, rather than scarcity, inverting traditional business propositions.

4) Follow the Free. As resource scarcity gives way to abundance, generosity begets wealth. Following the free rehearses the inevitable fall of prices, and takes advantage of the only true scarcity: human attention.

5) Feed the Web First. As networks entangle all commerce, a firm's primary focus shifts from maximizing the firm's value to maximizing the network's value. Unless the net survives, the firm perishes.

6) Let Go at the Top. As innovation accelerates, abandoning the highly successful in order to escape from its eventual obsolescence becomes the most difficult and yet most essential task.

7) From Places to Spaces. As physical proximity (place) is replaced by multiple interactions with anything, anytime, anywhere (space), the opportunities for intermediaries, middlemen, and mid-size niches expand greatly.

8) No Harmony, All Flux. As turbulence and instability become the norm in business, the most effective survival stance is a constant but highly selective disruption that we call innovation.

9) Relationship Tech. As the soft trumps the hard, the most powerful technologies are those that enhance, amplify, extend, augment, distill, recall, expand, and develop soft relationships of all types.

10) Opportunities Before Efficiencies. As fortunes are made by training machines to be ever more efficient, there is yet far greater wealth to be had by unleashing the inefficient discovery and creation of new opportunities.


Via Xaos, Spaceweaver
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Xaos's curator insight, December 19, 2012 3:24 AM

1) Embrace the Swarm. As power flows away from the center, the competitive advantage belongs to those who learn how to embrace decentralized points of control.

2) Increasing Returns. As the number of connections between people and things add up, the consequences of those connections multiply out even faster, so that initial successes aren't self-limiting, but self-feeding.

3) Plentitude, Not Scarcity. As manufacturing techniques perfect the art of making copies plentiful, value is carried by abundance, rather than scarcity, inverting traditional business propositions.

4) Follow the Free. As resource scarcity gives way to abundance, generosity begets wealth. Following the free rehearses the inevitable fall of prices, and takes advantage of the only true scarcity: human attention.

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Inspired by Abundance - by Jason Silva

Jason Silva (filmmaker and founding producer/host for Current TV), one of our earliest readers, was so inspired by Abundance that he made this video mash-up!
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The (actual) future of the Big Idea

The (actual) future of the Big Idea | The Next Edge | Scoop.it

"Far from living in a post-idea world, we’re creating a world so thoroughly saturated with new ideas that we’re shedding the need to distinguish them as ideas in the first place. Thought is everywhere; new ideas are springing up every day, and getting tested and tapered and honed; and they are, far from inculcating apathy, inciting revolutions both literal and figurative, around the world and across the web."

 

By MEGAN GARBER

 

shared by @sebpaquet

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The Abundance Builders | World Future Society

The Abundance Builders | World Future Society | The Next Edge | Scoop.it

Progress occurs when inventive people solve problems and create opportunities. Here are just a few of the breakthroughs that offer the brightest prospects for a future that leaves austerity and deprivation behind.

 

By Peter H. Diamandis and Steven Kotler

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The key to global prosperity: worker ownership

The key to global prosperity: worker ownership | The Next Edge | Scoop.it

"Shared ownership helps diversify rather than concentrate wealth – which is what we desperately need to do to revitalise our economy. It roots the value it generates in communities, keeping assets and resources from being transferred from local communities and low-wage employees to multinational corporations and their owners."

 

via guardian.co.uk

ht @DavidHodgson

 

 

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Douglas Rushkoff, "Radical Abundance: How We Get Past "Free"

From Web 2.0 Expo NY 09

 

shared by Cassandra Rose @casrose10

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