A comprehensive, clickable tour on Equity Market Wisdom is available at http://www.wisdomnetworks.im/networks/equity-market . A 3 minute video titled "How to achieve Global Wisdom and prosperity in 3 steps in 3 years" ( http://is.gd/wisdomin15 ) provides a quick introduction to wisdom. This is the first video of three in a 15 minute crash course of Global Wisdom available at www.wisdomnetworks.im .

1. WISDOM NETWORKS
Transparency, accessibility, liquidity,
meritocracy, global, distributed
INFORMATION AGE
Opaque, liquidity for large companies,
centralised in financial centres
90 days to launch ...
2 years for global
adoption?
Equity Market Wisdom
Wisdom Networks crowd create equity market revolution and evolution
An expanded reading version of a presentation by @marcuscake at @YMarkets conference on 6th June 2013
Please share! Current version at http://is.gd/wnccem
@marcuscake WisdomNetworks.im CC BY-NC-SA 3.0

2. The four "take aways" from this presentation
We can complete an Equity Market revolution in 2 years (after launching in 90 days) ...
or evolution will deliver it in about 16 years
We need a revolution in capital markets to:
● fund the growth of SME's and deliver the necessary standards of governance,
transparency and accountability required by the market
● make sure we find and support the innovation the community needs,
● to create employment;
● turn around global declining or negative productivity; and
● break through GDP growth cap
Equity Market Wisdom is just a cloud (or crowd) of "things", books, process,
companies, advisers and investors achieving outcomes
It's not a revolution ... it's evolution ... the community (or crowd) has been bringing us to
this point over decades

3. Distributed economies, society or communities are today’s structure
to deliver productivity, sustainability and growth …
100 year old centralised structures are socio-economically and environmentally unsustainable
Distributed economies (DE) are “a fresh strategy to guide industrial development towards becoming
more sustainable. The concept calls for a transformation in the industrial system towards DE departing
from the socio-economically and environmentally unsustainable dynamics associated with large-scale,
centralised production units that are favoured by neoclassical economic drivers.”1
100 year old structures from the industrial Revolution
Hierarchies use point to point communication and put
2 information elements in the internet
Today’s structure
Wisdom Networks enable peer to peer
collaboration and put all 6 information
elements in the internet
1. Distributed economies – A new engine for innovation, Allan Johansson, The International Institute for Industrial
Environmental Economics, 2005 ( http://www.sciencedirect.com/science/article/pii/S0959652604002719 )

4. People are evolving toward digital "books" shared with everyone, everywhere, anytime
across all communities ... and crowd creates the next an era of distributed prosperity!
Facebook bought "brooks" to social in 10 years
Facebook reduced social interaction to books of “things” that
could shared with anyone, everywhere and restructured global
social time and attention and achieved transparency and
meritocracy in less than 10 years.
Wisdom Networks bring "books" to everything else in 2-5
years
Wisdom Networks will reduce organisations, industries and
society to books that can be shared with anyone, everywhere,
anytime and transform organisations, industry and the
remainder of society within 2-5 years.
Only 30 networks required to achieve distributed
prosperity?
As few as 30 wisdom networks can transform society and
achieve distributed prosperity. Each can be launched within 90-
180 days and achieve critical mass within 2-5 years.
Hierarchy
(individuals have influence)
Shared Digital Books
(everyone has influence)

5. HEALTHINDIVIDUAL
GOVERNMENT
INDUSTRY
Doctors, nurses
and patients
GOVERNANCE
Government
Department(s)
EQUITY MARKETStock
exchanges
ORGANISATION
EDUCATION
Teachers and
students Politicians
SME's, investors
and advisers
Wisdom Networks crowd create the Network Society
We need wisdom productivity, growth and wealth to sustain society
Wisdom Networks crowd create productivity, growth, transparency, and
distribute influence across the Network Society in shared books
DEMOCRACY

6. History shows us that all communities evolve and produce more with less over time
Wisdom Networks lift potential output from 18% to 57.5% ... 3.15 times the output!
Wisdom Networks lift community output from 18% (Information Age) to 48.75% by lifting productive work time from 28% to 75%
Wisdom Networks expand access and capture community contribution and add 8.75% ... global contribution a bonus!
PEOPLE
PRODUCTIVE
WORKTIME
65%Workers
28%
HIERARCHY
(Services sector)
POTENTIAL
GAIN TO
HIERARCHY
OUTPUT by
restructuring
human time and
attention)
100%
NON
SERVICES
POTENTIA
L GAIN
FROM
NON
SERVICES
?
Non-workers
WHAT CAN THE CROWD
BE MOBILISED TO DO?
POTENTIAL GAIN FROM
NON HIERARCHIES?
75%
POTENTIAL PRODUCTIVE OUTPUT OF ANY COMMUNITY
(ORGANISATION, INDUSTRY OR SOCIETY)
18.2%
Hierarchy output
Information Age output
can never exceeds 18%
of potential output
(contribution limited to
hierarchies)
Extra 30.55%
from Wisdom
Wisdom Networks can
achieve 48.75% of
potential output
(productive time
increases from 28% to
75%)
Extra 8.75%
from
community
Wisdom Networks
can organise
contribution from
outside hierarchies
everywhere
Add ?% from
Global
Community
Wisdom Networks can
capture contribution
from the global
community virtually!
Growth bonus!

7. DISTRIBUTED
DECENTRALISED
WISDOM NETWORKS
PROSPERITY
Shell defines WHAT? two alternative scenarios are in our future ...
Wisdom Networks are HOW? we crowd create a better world and prosperity
@marcuscake WisdomNetworks.im CC BY-NC-SA 3.0
STATUS QUO
CENTRALISED
INFORMATION AGE
STAGNATION
Source: 1
Shell News Lens Scenarios (is.gd/newlens)
Mountains (Shell scenario)
"The first scenario, labelled “mountains”, sees a strong role
for government and the introduction of firm and far-reaching
policy measures. "1
"This is the world with status quo power locked in and held
tightly by the currently influential. Stability is the highest
prize: those at the top align their interests to unlock
resources steadily and cautiously, not solely dictated by
immediate market forces. The resulting rigidity within the
system dampens economic dynamism and stifles social
mobility." 1
Oceans (Shell Scenario)
"The second scenario, which we call “oceans”, describes a more
prosperous and volatile world. Energy demand surges, due to
strong economic growth. Power is more widely distributed and
governments take longer to agree major decisions. "1
"Influence stretches far and wide in the world of Oceans. Power
is devolved, competing interests are accommodated and
compromise is king. Economic productivity surges on a huge
wave of reforms, yet social cohesion is sometimes eroded and
politics destabilised. This causes much secondary policy
development to stagnate, giving immediate market forces
greater prominence."1
Who will choose (and create) the future?
People, corporations or goverment
We could implement this future
in 2 - 5 years
We could be in a "trapped
transition" for another 16 years

8. Information
technology
Wisdom
NetworksHierarchy
Wisdom Networks crowd create
distributed prosperity
Productive
time worked 28% 75%+
Productive
time worked
Standard of
living
Standard of
living
Productivity -2% to 1%
(& declining)
Exhaustion
(Wealth transfers)
Information
Society
Prosperity
(Wealth creation)
Global
community
Wisdom
Books
Countries
Network
Society
Productivity
Private networks Internet of
Everything (IoE)
Institutions
Community
(Crowds)
The Path of
decline
Apathy
Unemployment
Expenditure
exceeds income
Debt
Fraud
Bankruptcy
Conflict
The Path to
Wisdom
@marcuscake
WisdomNetworks.im
CC BY-NC-SA 3.0
Information Age ends with
centralised stagnation
We can evolve to
the next stage ...
by implementing
Wisdom Networks
to focus the
wisdom and effort
of the community
Open
platforms
Proprietary
solutions
ContributionConsumption
18% 55%+Very Low Potential
output
High Potential
output

9. Organisations, industries and countries choose their pathway to
the future ... "trapped transition" (by default) or "Punctuated reform"
Punctuated reform
(productivity, growth)
"When stresses rise, and a crisis emerges, some
actors exhibit relevant forms of resilience that
enable them to adapt and reform. "1
"Financial, social, political or technological capital
encourage early action and result in effective
change/reform."1
Trapped transition
(drift, decline, collapse)
"Others, however, struggle until the crisis escalates
to a level that enforces either dramatic and painful
restructuring or collapse."1
"Financial, social, political or technological capacity
prove inadequate to withstand stresses. Behavioural
responses delay change, causing conditions to
worsen until ultimately a reset is forced or a collapse
occurs."1
Source: 1
Shell News Lens Scenarios (is.gd/newlens)
@marcuscake WisdomNetworks.im CC BY-NC-SA 3.0

10. Declining or negative productivity is the world's largest problem ...
incremental investment in the status quo suffers diminishing returns
Productivity is the world's greatest problem!
Global productivity declined to 1.8% last year. Stalled or
declining productivity is a long term trend.
Overcoming declining productivity
What innovation could possibly induce so fabulous a speedup
in economic growth? It is easier to say what could not.
Because of diminishing returns, no change that improved just
one small sector of the economy could do the trick.
Insanity of investing in the status quo
Due to diminishing returns, incremental investment in
information or management technology will not increase
productivity.
"Insanity: doing the same thing over and
over again and expecting different results".
- Albert Einstein

11. General purpose technology drives most economic growth.
First generation uses it within the status quo.
The second generation reshapes the status quo.
We can't afford to wait 30 years for the next generation
to use the internet to reshape health
Erik Brynjolfsson: The key to growth? Race with the
machines, TED, February 2013
"Let's start this story when 120 years ago American factories
started to electrify their operations igniting the second
industrial revolution. The amazing thing is that productivity
had not increased in those factories for 30 years. 30 years!
That's long enough for a generation of managers to retire."
"You see the first wave of managers simply replaced their
steam engines with electric motors, but they didn't redesign
the factories to take advantage of electricity's flexibility. It fell
to the next generation to invent new work processes and
then productivity soared often doubling or even tripling in
those factories. Electricity is an example of a general
purpose technology like the steam engine before it."
"General purpose technologies drive most economic growth
because they unleash cascades of complementary
innovations like light bulbs and factory redesign." - Erik
Brynjolfsson 1
The internet is a general purpose technology ... history shows us
they have a predictable impact on growth and producivity.
First generation sped up information structures
The first generation has used it speed up the status quo ... 100
year old information hierarchies. They haven't used it to take
advantage of the internet's flexibility.
Second generation reshapes
The second generation will use it to reshape the hierarchy to take
advantage of the internet. Wisdom Networks crowd create the
Network Society and deliver a rapid jump in productivity and
growth.
Information Age ... hasn't been a revolution
There is no "revolution" in the productivity or growth performance of
the Information Age.
Repeating the innovations of the last 50 years deliver
1.8%
If we match the pace of Information Age innovation over the last 50
years, we can not achieve a GDP growth rate of greater than
1.8%. We are unlikely to achieve 1.8% GDP growth.

12. Only restructuring human time and attention can
deliver the radical jump in productivity and growth
Only restructuring human time and attention
Only human time and attention is all pervasive. Only the restructure of
human time can deliver a jump in productivity and growth
Wisdom Networks restructure human time and attention
Wisdom Networks:
● provide a more efficient means of person to person
communication ... and exponentially more efficient means
to share knowledge and focus wisdom and effort in real-
time
● deliver transparency, meritocracy, liquidity, and
accessibility to any community
● you only need one across the world to run multiple
communities ... Facebook organises 500m+
Technological Singularity
"Singularity is the point at which “all the change in the last million
years will be superseded by the change in the next five minutes.”
Kevin Kelly,Wired Magazine
“… a future period during which the pace of technological
change will be so rapid, its impact so deep, that human life will
be irreversibly transformed. Although neither utopian nor
dystopian, this epoch will transform the concepts that we rely on
to give meaning to our lives, from our business models to the
cycle of human life, including death itself.” – Ray Kurzweil
"The technological singularity is the theoretical emergence of
superintelligence through technological means." – Wikipedia
Information
technology
CountriesHierarchy
INFORMATION AGE
Network
Society
Wisdom
Networks
Wisdom
Books
WISDOM

13. Only restructuring human time and attention with wisdom networks will provide a
radical jump in productivity, growth and wealth to sustain society
Network
Society
Information
technology
CountriesHierarchy
WE NEED TO MOVE FROM THE
INFORMATION AGE - IT'S EXHAUSTED!
Wisdom
Networks
Wisdom
Books
CRISIS
Sub-optimal outcomes, declining or
negative productivity, society reduced to
wealth transfers
WISDOM
Only restructuring human time and attention
can deliver a radical jump in productivity and
growth to improve outcomes
COLLAPSE

14. What does an equity market revolution
look like?

15. The outcome: What does a equity market revolution look like?
it has cost institutions trillions and decades to create distribution - internet "distribution" is now free for everyone ...
1
Reproduced with permission of the author "Capital Markets revolution, Patrick Young, 1999
Physical Virtual
Institutions Crowd
Centralised
Decentralised
Global sectors, not financial centres
“The stock exchanges of the future will migrate away from the geographical
bounds that the interest groups behind any potential European Stock
Exchange seek to retain. Instead of a national view, a sector approach is
emerging: for example, investors will not view the market in terms of, say,
Germany, Sweden or the UK. Instead, their view will be in terms of
pharmaceuticals, IT or forest products.”1
Per E. Larsson, CEO, OM Group
Only need a handful of "macro exchanges"
"In the Capital Markets Revolution the capacity of digital technology to bring
together all fixed points to another fixed (or indeed floating) point means that
technology of the internet generation will decimate the world’s existing stock
exchanges. Fewer than five major stock markets will remain by 2010.
Perhaps two or three of these will be entirely electronic markets which have
not yet been created."1
Collaborative!
Price is not a market ... our
Macroexchange needs to be
collaborative!
Employment Freelancers
Corporate
brand
Personal
Brand
Price Collaboration
Onshore Offshore
Megabanks
(50,000 people)
Microbanks
(30 people)
Large
corporates
SME's
Capital
intensive
Social network
intensive

16. One wisdom network could facilitate a global Equity market
and provides capital, virtual governance to innovation and SME's everywhere
Collaborative Macroexchange combines the
transaction capability of a stock exchange with a
wisdom (knowledge and collaboration) network to
achieve greater levels of transparency, liquidity
governance and accessibility for innovation, ventures,
SME's and large corporates.
Features added to a stock exchange include:
● Wisdom Books provide a comprehensive and efficient
means of person to person communication, displacing
fragmented, opaque and incomplete information
technology
● Directories (CompanyBook, AdviserBook, InvestorBook)
○ tag based search finds "things" in minutes
○ self published
● Information distribution
○ publish hundreds of different types of information
● Governance
○ BoardBook: virtual director meetings
○ Memberbook: shareholder meetings (event
management and information distribution)
○ RegisterBook: online statutory record keeping
○ RegisterBook: virtual company and other
statutory registers
● Forms
○ FormsBook: preparation, document execution,
contracts
● Collaboration
○ Knowledge management
○ Task management
○ Timelines (audit trails, project plans)
A Cloud based "Collaborative Macroexchange"
could achieve a global equity market with a
greater degree of transparency, accountability,
features, depth and meritocracy.

17. Our cloud (or crowd) based "Collaborative Macroexchange"
needs to have all elements of a "market"
Transparency
Governance
Accessibility
Liquidity
Capital allocation
Accountability
Remote services
Tag based search finds
every "thing" in minutes
Virtual AGM
Virtual Board meeting
Wisdom Books show every "thing"
linked to some "thing" everywhere, anytimeCritical mass
Meritocracy
support SME's
Forms
Talent on-demand (hourly, project,
permanent)
Community ratings
One place
Community view
Published
by source
Trust
Like, EBay, community
dissatisfaction may
result in account
deletion
Support Innovation

18. Our Macroexchange deepens, expands
and integrate the global capital market
Large
companies
(Blue chips)
SME’s
(Green chips)
Ventures
Early stage
innovation
Applications
+ Workflow
CollaborationContent
management
Prices
DEEPENS:
Capital and service
delivery to lower tiers
from large companies
to SME’s
EXPANDS: more features and functionality
Specialist financial centres
Top 5 Financial Markets
Developing countries
Major financial markets
INTEGRATES:
a global market
with transparency
Benefits
■ Global
■ Liquidity
■ Meritocracy
■ Transparency
■ Accessibility:
■ Productivity
■ Utilisation of people increases
■ Global labour market
■ Global capital market
■ Improved capital allocation
Engineering
& Inspiration

19. People can find any "thing", anywhere in the market concerning any one
“I need a lawyer, corporate adviser,
underwriter, investors and broker
experienced in UK technology listings
Company
I am making an
investment in a foreign
company. I need a local
freelance adviser to
monitor my investment”
Investor
I am looking for internet and
biotechnology companies in Asia
Pacific?” Investor
“I am looking for $5-10m
Chinese technology companies
to help grow” - Adviser
"I am looking for Spanish
mining companies”
Investor

20. Wisdom Networks
A cloud of things, books, communities, process
and outcomes distributed among people

21. Web 4.0 Integration
(read, write, execute, link)
After a long wait, all the pieces have finally come together ...
let's get started ... we can accelerate evolution
Time
Web 3.0 Collaboration
(read, write, execute)
Web 1.0 Distribution
(read)
Web 2.0
Participation
(read, write)
Community connected
The community needs to be connected ... society crowd
created connectivity (ie the internet)
Information available by URL
The community crowd created information (ie the World
Wide Web)
Connections need to be rich
All types of information needs to be exchanged between
participants
Speed
Fast enough to allow real-time person to person
communication
Software
Society has crowd created open source software
Content Management System
We need a highly sophisticated generic system to manage
community content ... let's not reinvent the wheel
"Wisdom of Crowds"
Our system needs to focus the effort and wisdom of the
community on outcomes... a Wisdom Management System
(WMS) does that for us
Motivation: Crisis
Change only occurs when people are pushed from the old
AND pulled toward the new. We have a many crisis
including productivity, GDP growth caps and others that
reveal failures of "Information Age" structures
Wisdom
Networks

22. Let's revolutionise the equity market ... launch in 90 days ...
transform in 2 years
Start in 5 days Customised
over 60-90
days
Marketing
1 2 3
Cloud power
Accessibility
Entrepreneurs
Endorsement to create
and inspire adoption
Statesmen
Endorsement and
aligning government tiers
with common objective
Media
Partnerships
Government
Government departments
participate to encourage
and regulate
4
Scalability
Adoption
Customised in
30-90 days
Marketing
Break-even
Critical
mass
Growth
Stakeholders
Recruit existing
organisations for
inspiration and early
adopters
5
Integrate
Share
Link
"The revolution will be televised"

23. Devices
Family
Individual
Organisation
Democracy
Innovation
Education
Equity Market
Health
Economic
development
Knowledge
(Books timeline
& Maps)
Wisdom Networks make use of Internet of Everything (IoE)
What we connect? Everyone can see every "thing" so
everybody can participate and contribute everywhere
How we connect? Every community is reduced to 6 types
of "Things" which are tagged, linked ,and shared to create
"Books" which consumers push through a process to achieve
outcomes
What is the Internet of Everything (IoE)?
According to Cisco, "the Internet of
Everything (IOE) brings together people
(humans), processes (manages the way
people, data, and things work together), data
(rich information), and things (inanimate
objects and devices) to make networked
connections more relevant and valuable than
ever before - turning information into actions
that create new capabilities, richer
experiences, and unprecedented economic
opportunity for businesses, individuals, and
countries.”
“$14.4 trillion of value (25% of global
corporate profits) will be created or
redistributed by the “Internet of Everything”
(IoE) between 2013 and 2022.”
What are Wisdom Networks
Wisdom Networks organise the IoE using
"Things" collected into "Books" so that
everybody can see, participate or contribute
to each of their communities in real-time from
their mobile device or browser.

24. Wisdom Networks put more of the equity market's
interaction in the cloud and integrates everything
Networks
Mobile voice Messaging Media Cloud
GDocs
DropBox
Skype
SugarSync
LinkedIn and other social networks
WhatsApp
AsanaGoogle Hangout
Link to other "Things" by URL
Books MapsTimeline
Individual Organisation Health Equity Market
Innovation Management Government Education
Economic Development Democracy
Profiles
Groups
Forms
Media
Files
Workflow
Events
Tasks
Tags Links Sharing Groups
NATIONAL WISDOM NETWORK
Web 4.0
Global Integration
1990 2020
Web 3.0
Industry
collaboration
Web 1.0
Information
Distribution
Web 2.0
Social
Participation
Wisdom Networks add community,
collaboration, knowledge and wisdom ... to
data and information already in the cloud
Wisdom Networks integrate existing data
and information technologies

25. Equity Market Wisdom ... this is what revolution looks like!
Create "things" ... Link "things" in "books" ... Share "books" with others ... Achieve outcomes
RED arrow for popup

26. Wisdom Books are a comprehensive
and efficient means of person to
person communication
replacing fragmented, opaque and incomplete information technology

27. Books show linked Information, Community,
Collaboration, Knowledge, Wisdom
and hover for details ...
A few things!
Lot's of
"things"
Hover over red arrows anywhere for
instant information

28. Wisdom Books reveal Knowledge and focus Wisdom about
any "thing", anywhere, anytime to anyone
an evolution of different technologies that linked and distributed "things"
Stone tablet
(single page of
information storage)
Bamboo book
(binding of thin pages
increases capacity)
The Wisdom book is a set of
internet pages or "things"
(data, information,
community, collaboration,
knowledge, wisdom) linked
together in the cloud.
The Wisdom Book is a virtual
counterpart to things in the physical
world.
Capture
Storage
Transmission
Digitisation
Web site
Wisdom Books
Global
Distribution
Rapid results for consumers
A consumer can create, link/share a "thing" or
"book" in less than a minute!
Rapid Network Communities
New "things" and "books" can be added to a
Wisdom Network in less than 2 hours ...
communities can be defined rapidly!

29. ADVISERS
can contribute to any and all "Books" from anywhere
Organisation(Book)
"Things" include profile,
availability, services, ratings,
references
Form(Book)
Collective form preparation,
execution and lodgement
Shareholder(Book)
"Things" to share with
shareholders and collaborate
Companies, advisers and investors share knowledge and
focus wisdom through wisdom books
Books encompass entire market include innovation, SME's, public companies and large corporations
Lawyer(Book)Accountant(Book)
EGM(Book)
Investment(Book)
All "things" relating to an
investment
IPO(Book)
"things" lined to a hospital
AGM(Book)
"Event management and shareholder
communication
M&A(Book)
All "Things" linked to a sale
or purchase of a business
Adviser(Book)
Venture(Book)
Consumers organises education "things"
StockExchange(Book)
"Things" include buyers and sellers, price
and volume
Contract(Book)
Secretary(Book)
"Things" include profile, availability, services,
ratings, references
Investor(Book)
"Things" include profile,
availability, services, ratings,
references
Board(Book)
"Things" ilinked to a Board meeting
Regulator(Book)
"Things" include profile, regulations,
lodgement, public registers
Innovation(Book)
"Things" linked to an
Innovation
Register(Book)
"Things" linked to the Statutory
register
COMPANIES
(offer transparency and real-
time governance)
MARKET
(created by sharing Wisdom Books)
INVESTORS
(transparency and real-time
access to every "thing"
VentureCapitalist(Book)
"Things" include profile, availability,
services, ratings, references
GOVERNMENT Law(Book)
Law "Things"Regulation(Book)
Regulation "things"
Bureaucrat(Book)
Profile and person can gain access to
all other books if linked to this one
Fund(Book)
"Things" include profile, availability, services,
ratings, references
Research(Book)
Trustee(Book)

30. Analyst
"things" are created, tagged and linked in a minute and appear in the necessary books
instantly ... equity market becomes real-time knowledge, action and wisdom
Add a "thing" to a book in less than a minute ... for everyone to see and take action in real-time
Company
All "things" linked to a company
Regulator
"Things" linked to a carer
Investor
All "things" linked to an investor
IPO
Share Price
Contracts
Announcements
Prospectus
KNOWLEDGE
WISDOM
THING
Investors sees all content of Company(Book)
BOOK
KEY
Research
MemberMeeting
All meeting "things"
Forms
"Things" linked to a
board meeting
Board
"Things" link to board
meetings
Venue
Reports
Advisers are given
access to Books ...
and create "things"
in the equity market
Accountant
Director
Shareholder
All "things" relevant to
shareholders
MemberBook
All shareholder "things"
Company
Secretary
Manager

31. Every "book" is focused on outcomes ... you can assemble
how things come together in the future to achieve them
less human focus and attention is directed to process
Each Book defines outcomes "Things" appear in a timeline
You can assemble and see how "things"
(information, community, collaboration,
knowledge, wisdom) come together
● Past: Audit trail ( list of past "things")
for accountability
● Present: organise everything today and
let it unfold tomorrow
● Future: Project plan (a list of future
"things") to focus or schedule future
community effort
Meritocracy
Transparency encourages
accountability
Collective knowledge achieves
meritocracy

32. The "ShareholderBook" and "AGM Book"
A Wisdom approach to Shareholder Meetings
The body that probably knows most about annual general meetings, corporate governance and regulation wants the federal government to destroy
the AGM as we know it and start afresh with something more closely related to the 21st century than the 19th. If Chartered Secretaries Australia has
its way, the tedious ritual and decision making function would be removed from the AGM – no more voting, no more chairmen with proxies in the back
pocket making the whole process a dead rubber anyway, no more technical shilly-shallying over motions put and seconded and points of order.
The necessary voting functions would be separated from the AGM and handled electronically, freeing the meeting from historical records and process
and, potentially, allowing it to become a genuine engagement by directors and senior management with shareholders large and small.
CSA – the professional body representing the nation’s company secretaries - wants the AGM to become more focussed on a company’s future rather
that the historical record of the previous financial year. That should re-engage the institutional shareholders and analysts who generally give AGMs a
big miss, leaving the floor to a relative handful of retail shareholders and the odd special-interest group with barrows to push and axes to grind.
Read more: http://www.smh.com.au/business/from-the-ashes-a-new-agm-could-arise-20130109-2cfe8.html#ixzz2HQiFmzw1
ShareholderBook
(communication before meeting)
The "ShareholderBook" performs the following functions:
● preparation of shareholder material by executive
team and external parties
● distribution of digital information to shareholders
via "Book" at URL
● online discussion of information prior to meetings
● online polls before meeting
● real-time communication with ShareholderBook
year round
AGMBook
(organising and running the meeting)
The "ShareholderBook" performs the following functions:
● event management and organising the attendance of
people - RSVP's
● distribution of information via "ShareholderBook" prior
to meeting
● collection of proxies - shareholders link their "proxy"
thing to the AGMBook
● results of meeting distributed by simply adding
"things" to the ShareholderBook ... people that are
watching the book are sent new things immediately

33. FormsBook shows all Forms "Things"
at various stages
We can't have Wisdom if we are overwhelmed
with forms!
A Wisdom Network also allows:
● Preparation of Forms
● Save Forms in Word or PDF
● Assigning Tasks or organising Workflow
● an audit trail of activity
● Discussions
● The addition of a signature
● An audit trail regarding each "Thing" ("Form")
● new forms are driven by text templates and be added
simply ... maybe, as simple as saving a Word
document in XML format
"The Small Business 'common app' would
function much like the one that students complete
to apply to multiple colleges and universities
simultaneously. It would ensure that small
businesses across the country can concentrate on
growing and creating jobs - not wasting time,
filling out mountains of repetitive paperwork." -
Kay Hagan

34. Equity Market Wisdom

35. A virtual market with transparency, instant knowledge
sharing and collaboration improves capital allocation

36. Country or regional views of the global market
Investors drill-down to the "Books" which make up the market and request access to them

37. Wisdom Networks crowd create the Network Society
Equity Market wisdom allocates capital and creates wealth to sustain society
HEALTH
INDIVIDUAL
GOVERNMENT
INDUSTRY
Doctors, nurses
and patients
GOVERNANCE
Government
Department(s)
EQUITY MARKET
Stock
exchanges
ORGANISATION
EDUCATION
Teachers and
students Politicians
SME's, investors
and advisers
Wealth
creation
SME's are a major
employer, source
of growth and
innovation

38. The industry returns to cafes - digital, deeper (SME's,
innovation), more functional, transparent, accessible
“London's first stockbrokers, however, were barred from the old commercial center known as the Royal
Exchange, reportedly because of their rude manners. Instead, the new trade was conducted from coffee
houses along Exchange Alley.
By 1698, a broker named John Castaing, operating out of Jonathan's Coffee House, was posting regular
lists of stock and commodity prices. Those lists mark the beginning of the London Stock Exchange.”
Wikipedia

39. Why Not? Wisdom Networks will set fire to
your crops and asphyxiate your children!
Reluctance to change
“And typically, vested interests fight against change. People that have an interest in the old ways of
working, people that dominate face-to-face meetings and like that a lot, for example—they don’t want
to move toward some other kind of platform where it’s more of a meritocracy, rather than a personality
thing.” Don Tapscott
Lobbying by industry against wisdom
“Dear Mr. President: The canal system of this country is being threatened by a new form of
transportation known as ‘railroads’ … As you may well know, Mr. President, ‘railroad’ carriages are
pulled at the enormous speed of 15 miles per hour by ‘engines’ which, in addition to endangering life
and limb of passengers, roar and snort their way through the countryside, setting fire to crops, scaring
the livestock and frightening women and children. The Almighty certainly never intended that people
should travel at such breakneck speed." – Martin Van Buren, Governor of New York, 1830.
Fear, uncertainty, doubt
“Rail travel at high speed is not possible, because passengers, unable to breathe, would die of
asphyxia" – Dr Dionysys Larder (1793-1859), professor of Natural Philosophy and Astronomy,
University College London“

40. We are starting to reconsider existing information Age approaches to
information and security which will enable Wisdom networks
The citizen owns personal information
"Personal information becomes legally recognized as yours While there is a push by the White
House and others to implement a consumer privacy Bill of Rights that increases consumer privacy, a
larger shift is already under way that will radically shift the security and privacy debate. In the future,
you may own the data that exists about you or that you create online, rather than it being owned by the
companies that collect it (like Amazon.com, Facebook, Google, and Twitter)."
Personal Wisdom Network shares with larger wisdom networks
"Personal data stores protect your information—In addition to enabling you to know about and
control your own information, data ownership will allow you to protect your information. Data stores will
also help us benefit from our own information."
Access to your personal data is a fundamental human right
"When you have legal rights over your information, you have more control over how it is collected and
used. This view that data about you is property, and that you own it, is gaining momentum, such as in
the United Kingdom, the World Economic Forum, and the European Union’s recognition of personal
data protection as a fundamental human right."
The Network asks the individual about access to their information in real-time
" ... the network itself will play an important role in improving IoE security. Currently, network
intelligence is mostly centralized and often resides far away from the “edge” of the Internet. As
networks evolve along with IoE, the ability to make intelligent decisions based on data as it enters and
flows over the Internet will be more distributed (located where ever it’s needed). With this ability,
security threats, for example, could not only be stopped, but also identified and located before any
harm is done.
Answering the Two Most-Asked Questions About the Internet of Everything #IoE, Dave Evans , March 18, 2013

41. Wisdom Networks deliver 80% of the outcome at <10% of the costt
less technologies + more results delivered within 6 months to a global community
● Pareto principle - 80% of the outcomes for <20% of the effort or cost
○ an 80% outcome deployed quickly within 6 months
○ The pursuit of the additional 20% dramatically increases cost and probability of failure
● Global coverage encompassing all countries
○ Each country is simply a "tag" identifying where the "Thing" is
● A Wisdom Network is assembled from open source technology (not built from scratch)
○ Large global communities can deliver real-time merit based innovation and services
○ Open source has <25% of the Total Cost of Ownership of Proprietary software
○ Assembling open source faster than coding proprietary and a richer pool of innovation
● "Things" are simply links of data or files direct from their source (or where they were
produced)
○ By linking direct to source, some of the cost and delays of "Big Data" can be avoided. The Wisdom
Network just indexes, and does not need to produce the "Thing". Other SaaS can produce or modify
"Things".
○ Source include: A "personal data store" on a mobile phone, open data from enterprises and SME's
○ Avoid some "Big data" costs: Big data will drive US$28 billion of worldwide IT spending in 2012,
growing to US$34 billion in 2013, according to Gartner, Inc. Big Data to create 4.4 million IT jobs
globally by 2015
● Less hardware, software and communications technology
○ Wisdom Networks only require a handful of technologies
○ Web application: Linux Apache MySQL PHP
○ Cloud servers: Amazon
○ Devices: Tablets and phones (probably Android because of greater power and versatility)
○ Internet Browser:
○ Communications: Skype and Internet (or TCP/IP)
● 500 "Things" in one place mean less integration cost and complexity from integrating
fragmented, incompatible information technology
○ Desktop and most SaaS applications manage a handful of "things" (mainly "information" and "1-2
"collaboration")
General Benefits
● Meritocracy
● Transparency
● Accessibility:
● Productivity
● Growth
● Accountability
● Wellbeing
● Utilisation increases
● global labour market
● Global capital market
● Global responsibility
Developing countries can go
straight to Wisdom Networks
● Developing countries saved
billions by installing mobile
phone networks and
bypassed expensive copper
fixed lines.
● Developing countries can
save billions again by
deploying comprehensive
Wisdom Networks, rather
than conventional, enterprise
information technology and
hierarchical management
structures

42. Questions and answers
asked at the @YMarkets conference
Question #1: How do you make money?
Answer: There are 30-40 books in the equity market. Each one has a value to the consumer
of between $100 and $10,000 per annum. If we assume all books yield $100 per annum,
then 1m books yields $100m and a net profit of $60-70m and a shareholder value of
$700m+. It is also highly likely, that any single person would use multiple books through the
year. The costs of running and launching the business are neglible and it could be grown
organically.
Question #2: Regulation?
Answer: Collaboration is not a regulated activity. Equity Market Wisdom does not, itself,
engage in a (currently) regulated activity. It is more like a telecommunications company that
is offering a superior means of person to person communication. It is like an ISP with a
superior email. It does not actually store any information and only provides links to it. The law
does not hold ISP's accountable for content on their network unless they fail to take rectifying
action when notified of a problem (ie copyright infringement for example). Regulation is
focused on conduct of market participants and suitability of companies to become
exchanges to determine price between buyers and sellers. Equity market wisdom has
minimal interest in price (high capex, high regulation, low margin, high barriers to entry).
Equity Market wisdom simply reorganises person to person communication within the equity
market. There aren't regulations that define how a community must collaborate. Regulations,
rarely, required facsimile copies of documents in collaboration although mandating
information age technology and structures occurs. It may be that an offshore location
becomes a success factor in Equity Market wisdom if government chooses to mandate
information age practices which prevents wisdom from emerging.
Question #3: Liquidity?
When I was asked this I was unsure of the answer. Given the audience, it was a reference to
buyers and sellers of equity. However, there are 3 types of liquidity - information,
collaboration and investment. Information liquidity is likely to be reached as people use the
books to communicate with others in a better way. Collaboration liquidity is reached when
there are enough people involved to make it a viable market to source and provide remote
services. Collaboration liquidity is a high margin business. Investment liquidity occurs when
Equity Market wisdom becomes a market (in all aspects as idenitifed earlier in the
presentation).
Financial forecast
(based on half years - one to startup, and four
half years to achieve equity market wisdom)

43. Wisdom achieves
Prosperity
Society Wisdom Equity Market Wisdom Health Wisdom Contact
e:
mcake@wisdomnetworks.
im
Skype: marcuscake
@marcuscake
European Wisdom Management Wisdom Wisdom Book
Features
Industry Value proposition
and impact of Internet of
Everything (IoE)
Rollout process (guide)
200+ blog articles
Courses / Video
training
Membership
Groups (private)
Wisdom Networks
Technology overview
Business Model and
Financial forecast Introduction letter:
Telecommunications
Economic
Development
Europe
Video (3 mins):
A demonstration of
the Network Society
Services
We would prefer to turnkey a
Wisdom Network for you and get
out of your way, but we can ...
TURNKEY PLATFORM / VENTURE
EVANGELISM , STRATEGY,
MONETISATION , BUSINESS MODEL
(Your) CENTRE OF WISDOM
MAINTENANCE AND SUPPORT
Economic Development
4.0
Equity Market 4.0 Health 3.0 Management 3.0
Resources: Accelerate the "Wisdom of Crowds" (r)evolution
Wisdom needs to scale quickly .... an overview of resources available at www.wisdomnetworks.im/resources
Old pre-wisdom
"Central Brain"
presentations