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Society Wisdom:
Wisdom Networks crowd create Network Society
Contact
e: marcus.cake@wisdomnetworks.im
Skype: marcuscake
LinkedIn: au.linkedin.com/in/marcuscake
Focus Human time
and attention
Wisdom
Networks
Transparency
Accessibility
Meritocracy
Accessibility
Productivity
Growth
Outcomes
Life
Society6
Efficiency
Technological Singularity
Delivered
in
5 days!
Launch
in
90-180!
Transform
ation
in
1-2 years!
Society2
Please share! Current version at http://is.gd/wnccns
Contents
We need to upgrade from the Information Age to Wisdom Networks!
declining or negative productivity means we have a choice ... wisdom, crisis or collapse
Wisdom Networks
a cloud of things, books, communities, process and outcomes distributed among the people
Wisdom Books
are a comprehensive and more efficient means of sharing knowledge and organising wisdom
(compared to incomplete, opaque information technology)
National Wisdom Network (NWN)
enables the Network Society ... an upgrade from the Information Age
Network Society
achieves a rapid jump in productivity and growth by restructuring time and attention
What does Wisdom look like?
Some examples: Health, Equity Market, Economic development, Governance, Management
Why? Why not? How?
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 )
Image source: Wikipedia
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 brought "books" 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)
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
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
POTENTIAL
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
organisation
contribution from
outside hierarchies
everywhere
Add ?% from
Global Community
Wisdom Networks can
capture contribution from
the global community
virtually!
Growth bonus!
We need to move from
Information to Wisdom
"Where is the Life we have lost in living?
Where is the wisdom we have lost in knowledge?
Where is the knowledge we have lost in information?"
T.S. Elliott
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
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
Can we recover the life we have lost in the Information Age?
"Where is the Life we have lost in living?
Where is the wisdom we have lost in knowledge?
Where is the knowledge we have lost in information?" T.S. Elliott
Economic development
■ Survival: Humanity has a 50% chance of surviving beyond 2100. Is this a result of community or individual decisions?
■ Illiteracy and numeracy at unacceptable levels throughout the developing and developed world
■ Insolvent governments: Government borrowing 15% of GDP every year or printing money to maintain asset prices,
1% growth and avoid adjustments to previous system failures
■ Costly and unnecessary wars that result from incorrect information
■ Insolvency at every level in every country: Spending more than you earn and leverage at high asset prices has
resulted in insolvency at every level (personal, retirement, local government, health, state and national).
Financial markets
● Bad investments: bundling bad mortgages and rating them as AAA securities
● Insolvent financial institutions: A bank lending 5 times more than the average at housing prices twice the long term
average ... the inevitability of insolvent banks
Economy
● Excessive risk in balance sheets: companies over-geared (debt to equity greater than 5-10)
● Boom and bust cycles: A business cycle of boom and bust, financial crisis and wide swings in asset prices
● Declining productivity: growth in productivity has stalled. Wisdom Networks can provide improve productivity.
Health
● 1 in 6 patients are poisoned, maimed or killed by the Western health care system
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
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 diminshing 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
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 society
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.
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.
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.
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
We have a choice ... crisis or collapse by default ... upgrade to wisdom
networks and usher in a new era of prosperity
Network
Society
Information
technology
CountriesHierarchy
WE NEED TO MOVE FROM
THE INFORMATION AGE
Wisdom
Networks
Wisdom
Books
CRISIS
Sub-optimal health outcomes, financial crisis,
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
Wisdom Networks could double, triple or quadruple productivity of every employee by
restructuring human time and attention...
sources include reclaiming travel time, reclaiming identified wasted time, reclaiming unproductive work time and gamification
People acknowledge they waste at
least 18% of their worktime... as below
72% of work time is
unproductive
Of their day, people spend 44% at work,
17% leisure and 8% on travel
Only 28% of work time
is productive
Source: Ernst and Young Australian Productivity Pulse: Wave 1 (October 2011) and Wave 2 (May 2012) - is.gd/autime
Reclaiming half of travel time
increases productivity by 10%
Reclaiming acknowledged wasted
time increases productivity a
further 20%
Restructuring 30%, 60%, 90% of
unproductive work time lifts productivity
by 100%, 200% and 300% respectively
up to 72% of work time is unproductive
WISDOM
NETWORKS
Abundance - rapid jump in
productivity, growth,
wealth creation
INFORMATION
AGE
Exhaustion - no productivity, no
growth, zero sum game,
wealth transfers
UPGRADE
OPAQUE TRANSPARENT
Wisdom Networks
A cloud of things, books, communities, process and
outcomes distributed among people
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
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)
a cloud of things, books, communities, process and outcomes distributed among people
The second generation uses the flexibility of
the internet to restructure human time and
attention to deliver a rapid jump in
productivity and growth
Society currently distributes multiple copies
of "things" amongst people ... wisdom
networks bring the people to one "thing"
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
DATA
1. Available (or Open)
2. Structured
3. Non-proprietary format
4. URL’s
INFORMATION
5. Privacy and security
6. Tag
7. Share
COMMUNITY
8. Accessibility
9. Adoption
10. Gamification
COLLABORATION
11. Accountable and accurate
12. Workflows push to completion
13. Meritocracy
KNOWLEDGE
14. Link
15. Peer to Peer
16. Transparent
WISDOM
17. Interoperable
18. Priorities
19. Outcomes
20. Prosperity
Wisdom Networks drive a 6 stage Process
to assemble information, reveal knowledge, and organise action toward outcomes
"Wisdom is a deep understanding and realization of people, things, events or situations, resulting in the ability
to apply perceptions, judgements and actions in keeping with this understanding ....
Wisdom is also the comprehension of what is true or right coupled with optimum judgment as to action.” -
Wikipedia
Wisdom Networks are exponentially better than hierarchies
Wisdom Networks deliver transparency, meritocracy, accessibility, efficiency, outcomes
Hierarchy - more process, less outcomes
Hierarchies do not scale well. They can't get the best, or save us
from the worst, of all individuals all the time.
The more people that are added to hierarchies ... the less efficient
and effective they become. Larger results in more process and
less outcomes.
The law of diminishing returns means we need to reshape the
status quo.
Hierarchies duplicate many things and effort in organisations, local
communities, industry, nations and across the world.
Executives
(execute tasks)
Managers
(review and focus)
Directors
(define outcomes)
Information Age
(organise)
Wisdom Networks - one process, more outcomes
Wisdom networks organise ... so people don't have to.
Everyone focuses on "things", "books" and outcomes
One uniform six stage process covering multiple communities
No duplication - one "thing" used across all communities
One wisdom network can manage multiple communities of any size
Information Age organisers become
Managers or Executives
The people decide how wisdom is focussed on things and books in real-time
Wisdom Networks embody how we like to play together and achieve better outcomes from our work and contribution
People, books and things are distributed across
information and wisdom networks that becomes a
collective intelligence.
Wisdom networks link little data at their source into
Wisdom Books with the creators permission in real-time.
Information age structures that aggregate big data off
information into an opaque silo become redundant.
People that previously organised information now
contribute wisdom to things and books.
Community recognises the quantity and quality of
contribution with points and status. Community
contribution becomes a real time game.
Community already spends most of their free time social
networking and playing. Wisdom networks are how
people want to work and contribute.
No information Age structure could ever compare with
the real-time, costless and effectiveness of a wisdom
network.
People earn points and status by contributing to
Network Society and each other
National Wisdom Networks
manages many communities
Wisdom Pathway is the interface/menu
The interface/menu is about achieving wisdom.
Each community consists of 6 types of
common) "Things"
● Data
● Information
● Community
● Collaboration
● Knowledge
● Wisdom
Multiple communities in one web application
The "Things" for each Community are displayed in
a tabbed interface:
■ Equity Market
■ Health
■ Governance
■ Financial market
■ Individual
■ Economic Development
■ Organisation (Management)
■ Other: Oil, Resources, Water Food, Climate
change, drug research
}
}
}
Many countries (and organisations) have declining and negative productivity
Wisdom Networks could jump start productivity, growth and prosperity.
A National Wisdom Network (NWN) could create a Network Society and be a
platform to integrate with the global community
Wisdom Networks link communities across communities
to provide a regional or global network
Global integration
( community, industry)Integration
(regional, industry, national)
Individual Wisdom Networks
(country, industry, organisation)
Wisdom Books are a comprehensive and
efficient means of person to person
communication
replacing fragmented, opaque and incomplete information technology
Books provide people with knowledge about "Things", and tools to pursue outcomes
Book shows the "Links"
Each "Thing" appears in a list
All Books have the same structure ... only the "Things"
change and the way they are grouped in each book ...
chapters?
All "books" manage all six stages/elements for that subject
within the community. This includes:
● Data: linking to data at source
● Information: sharing and tagging information
● Community: keeping the community informed
● Collaboration: organising collaboration (bookings,
events, meetings, tasks etc)
● Knowledge: revealing knowledge in one place for review
- knowledge now has an address
● Wisdom: revealing knowledge, organising collaboration
and taking action toward outcomes
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!
Doctor(Book)
"Things" include profile,
availability, services,
ratings, references
Insurer(Book)
"Things" include profile, products,
services
Plumber(Book)
"Things" include ratings, availability,
references, services
Mechanic(Book)
"Things" include location, services,
products, availability
Hairdresser(Book)
"Things" include products, services,
calendar or availability, discussions
Tax(Book)
Consumers tax "things"
Consumers share & link "books" with others to share knowledge
and focus the wisdom and effort of the community on outcomes ... in real-time!
Lawyer(Book)
"Things" include profile, availability,
references, ratings, articles
Accountant(Book)
A"Things" include profile, services,
availability
Patient(Book)
The patient's
health "things"
Claim(Book)
Consumers organises all
"things" relating to an
insurance claim
Hospital(Book)
Hospital "things" include profile,
doctors, services, availability
Wisdom features
search by tag,
sharing, linking,
discuss, tasks, events,
timeline, etc
WISDOM
Car(Book)
"Things" include service
history, expenses, photos,
Insured(Book)
"Things" include assets, people,
car
RegisterBook
Statutory registers, contracts
and governance "things"
FREE
(directory model of pricing ...
consumer free, business pays to
interact with consumer)
IndividualBook
Profile, diary
Student(Book)
Consumers organises
education "things"
Teacher(Book)
"Things" include profile,
availability, courses, ratings,
assignments, exams, timetable
School(Book)
Education "things"
University(Book)
Education "things"
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
National Wisdom Network
Enables the Network Society...
...an upgrade from the Information Age
People use "Books" to share knowledge and focus
wisdom in each of their communities
PatientBook
My health record
DoctorBook
Doctor writes me a prescription
GOVERNANCE
DEMOCRACY
DoctorBook
(What new "things" have
happened to my patients)
PharmacistBook
my new prescription appears in
Pharmacist dashboard in real-time.
Pharmacist arranges delivery
HospitalBook
(reviews information about
hospital, book a procedure
CitizenBook
(all my government
interactions, drivers
license)
PoliticianBook
(review politicians policies, comment on
his health policy, complain about
progress on community centre)
BureaucratBook
(review bureaucrats projects and
progress on construction of local
community centre)
MechanicBook
Check reviews, book car in for
service, specify tasks
CarBook
Mileage, service reports,
real-time data - shared with
mechanic
RestaurantBook
(read reviews, check availability
make bookings)
BoardBook
participates in virtual board
meetings, review minutes,
information, discussion,
questions, online poll
ShareholderBook
(review annual reports.
complete proxy form, RSVP to
meeting invitation, online poll?)
CourseBook
meetings (tutorials), lectures
(event management),
assignments, exams
InsuredBook
My insurance policies
ClaimBook
(assemble insurance claim online -
shared with assessor)
InsurerBook
Product information, book meetings,
complete forms online
John Smith PatientBook
(review his xray shared by radiologist, start
discussion, set task for John to have a more
detailed XRay, "Referral" for 2nd XRay
added to PatientBook
StudentBook
profile, assignments
HEALTH (PERSONAL)
WORK
FINANCIAL
MARKET
EDUCATION
ManagerBook
Manage Executives
TeacherBook
profile, courses
ProductBook
My insurance, equity
and debt
OrganisationBook
My workplace
GovernmentBook
all my government interactions,
drivers license, tax
FederalBook
All Federal Govt "Things"
StateBook
All State Govt "Things"
LocalBook
All Local Govt "Things"
SchoolBook
(profile, current courses
DirectorBook
Direct managers
ExecutiveBook
Execute job
My Books provide real-time
messaging, participation
and contribution in my
communities
GOVERNMENT
CONSUMER
HEALTH (DELIVERY)
AcountantBook
Tasks assigned to
accountant, availability,
check reviews
LawyerBook
Tasks assigned to lawyer,
availability, check reviews
PropertySaleBook
(read profile, review video, check
availability make bookings)
RentalPropertyBook
(read profile, review video, check
availability make bookings)
UniversityBook
(profile, current courses
VentureBook (a list of
ventures for assessment, due
diligence, completion or
monitoring)
M&ABook (a list of M&A
opportunities for assessment,
due diligence, completion or
monitoring)
InvestmentBook (a list
of investments across multiple
asset classes ... includes many
OrganisationBook and
ProductBook.
ProductBook (details of
a product, its attributes and
"things" (organisation,
compliance, events) linked to it
National Wisdom Network unites People in the Cloud
and reinvents how they participate within all the communities
● Society has built the foundation for wisdom: Society has crowd
created connectivity (internet), information (world wide web) and
software (open source software communities). The NWN builds on the
shoulders of these giants and crowd creates wisdom (knowledge and
action focused on outcomes) in a peer to peer platform.
● Empowers the individual with wisdom: delivers the wisdom of
crowds to the individual and overcomes the inherent problems with
opaque, isolated information.
● Making communities simple: reduces complex communities to six
types of "things", "books" which display knowledge and a few simple
collaborative actions.
● Achieve Technological Singularity: a collective intelligence of cloud
based crowds, "things", "books" and communities.
● Transparency: better accountability and meritocracy is achieved when
everyone can see every "thing", everywhere
● Quick: it can be delivered in a day, customised, launched within 60 -
180 days at 20% of the cost of proprietary ICT
● Accessibility: every individual and community can leverage collective
wisdom in any community
● Global: organise the 2 billion people connected to the internet
● "Over the top" (OTT) final solution: Wisdom Networks come "Over
the Top" and integrate people, technology and information in the cloud.
● Solves the underlying problem that plagues all communities: The
underlying problem is that information is isolated, communities are
opaque and deriving profit from information discourages the inevitable
and necessary shift to transparency, access and meritocracy.
● One wisdom platform today, displaces thousands of information
investments in the future
Wisdom Networks are an Over the Top (OTT) disruptive platform
integrating technology, people and information
"The invasion of over-the-top (OTT) services has begun. It is time for telecommunication
operators to prepare their positions and choose their weapons to win the battles for mobile
voice, messaging, media, and cloud services.
We believe telecom operators will be best prepared to meet those challenges if they take the
following steps:
1. Choose your battlefields.
2. Redefine value propositions and business models.
3. Create new platforms and approaches.
4. Rethink organizational approaches.
5. Remain flexible and ready to adjust.
There cannot be one OTT strategy. Indeed, each battleground—voice, messaging, media,
and cloud—will demand a different strategy and a different combination of offensive and
defensive tactics. Some battles will be won, some lost. But overall, we believe that telecom
operators, with their consumer insights and inherent ability to deliver breakthrough customer
experiences, are uniquely positioned to win this war."
Winning the OTT War: Strategies for sustainable growth,
AT Kearney, September 2012
Is this the OTT Platform strategy to rule them all?:
1. Chooses a "Wisdom" battlefield, not information or community
2. Offers an integrated wisdom value proposition to consumers,
industry and society and aggregates OTT point solutions.
Consumers can choose to use other point solutions (ie GDocs for
collaboration or DropBox for file storage). The NWN's Single Sign-on
or Open-ID may be important.
3. Pioneers a single platform (or ONE OTT STRATEGY) that
leverages and integrates third party investments in community and
information point solutions.
4. provides a peer to peer structure to organisations and industry in
a Network Society
5. Is adaptable, flexible and leverages the collective innovation of
open source software community
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
Wisdom Networks crowd create the Network Society
HEALTH
INDIVIDUAL
GOVERNMENT
INDUSTRY
Doctors, nurses
and patients
GOVERNANCE
Government
Department(s)
EQUITY MARKETStock
exchanges
ORGANISATION
EDUCATION
Teachers and
students Politicians
DEMOCRACY
SME's, investors
and advisers
23 May 2013
Wisdom Networks delivers community, country or regional
transparency and accessibility
Drill-down to any of the "Books" which make up the community
Personal health
(chronic and inactive)
Health
community
(industry and research)
Equity Market
Governance
Democracy
Education
Economic
Development
Sequential(starting
with
greatestbenefit)
National Wisdom
Network
Energy, Food, Resources,
Climate, Poverty
Launchallnetworksatonce
Communities deriving most benefit from NWN
NWN Communities deriving most benefit are:
● Health (personal) - doctor, patient, nurse wisdom
● Fueling the growth of SME's to drive economic
growth (company, adviser and investor wisdom)
● Governance (wisdom shareholder meetings)
● Health (research) - researcher, medicine, clinical
trials
● Education - teacher, student, books, courses
Global Wisdom Networks
● Energy
● Resources
● Pharmaceuticals
● Automotive
● Government
Wisdom Networks can be launched to all communities at the same time ... or specific
communities can be launched one at a time in the order of most benefit
Network Society
Enables the Network Society...
...an upgrade from the Information Age
Unstructured Network Society emerging anyway ...
35%+ change expected within 2 years
Wisdom Networks make faster, deeper and structured change with greater benefits
Deloitte Digital report
"It’s only a matter of time.
Virtually every sector can expect to face changes
rivalling those of the industrial revolution.
Some industries may face extinction, new sectors
are being created, and others are being
transformed beyond recognition.
Eighteen industries are mapped with respect to
their vulnerability to disruption from two
perspectives: the size of the impact and the
imminence of change. (see right)"
As these changes will play out over many years,
timing of specific changes is hard to predict.
Deloitte Digital
Deloitte forecasts 35%+ change for some
industries within 5 years.
The NWN "short fuse, big bang"
Wisdom Networks could achieve faster, more
comprehensive change and deliver greater
benefits within a shorter period.
The National Wisdom Network (NWN) could
deliver a "short fuse, big bang" (high impact within
2 years) across all industries and achieve
"technological singularity" for society with one
cloud based application.
Source: Taking Leadership in a Digital Economy, Deloitte Digital and Telstra, November 2012
The NWN unites people in the cloud and reinvents how they live and work within all the
communities within which they participate.
Crowd create wisdom
Society has crowd created connectivity (internet), information (world wide web) and software
(open source software communities). Wisdom Networks builds on the shoulders of these
giants and crowd creates wisdom (knowledge and action focused on outcomes).
NWN brings wisdom to individuals in every community
NWN moves beyond the Information Age and organises the wisdom of crowds to transform
health, equity market, education, democracy and other fields of human endeavour. Many
current problems don’t need to be solved, because they can be eliminated by solving the
underlying problem.
Overcome the information problem
The underlying problem is that information is isolated, communities are opaque and deriving
profit from information discourages the inevitable and necessary shift to transparency, access
and a prevailing meritocracy which is the environment in which wisdom can be achieved.
Wisdom Books achieve comprehensive, efficient person to person communication
Wisdom Books reveal knowledge and focus wisdom about any "thing", anywhere, anytime to
anyone and achieve comprehensive and efficient person to person communication ... they
upgrade fragmented, opaque and incomplete person to person information technology at the
heart of our information society
Wisdoms Network enables the Network Society and accelerates Economic development
The NWN could deliver a "short fuse, big bang" (high impact within 2 years) across all
industries and achieve "technological singularity" for a society with one web application. It
could be launched within 90-180 days depending on requirements.
National Wisdom Networks (NWN)
crowd create a Network Society in 2 years
National Wisdom Networks organises Wisdom
knowledge + collaboration focused on outcomes for individuals & organisations across many communities
● Human time and attention are the most productive elements in today's
economy: Only a change in systems will result in productivity and growth
improvements.
● Network Society could deliver the next radical jump in productivity and
growth by focusing human time and attention on outcomes. Wisdom
Networks places transparency, productivity, growth, efficiency and transparency
at the fingertips of every individual in every community.
● Information technology and hierarchical structures suffer diminishing
returns. Debt has been used to maintain standards of living while productivity
has been stagnant. The problem of stagnating productivity is unresolved.
● Patient focused Healthcare: focus collective wisdom of care providers on
patients in real-time.
● Better Management: a more efficient peer to peer organisation structure
● Transparent and accessible equity market fuels the growth of SME's and
supports entrepreneurs: The NWN crowd creates
a global, transparent and accessible equity market which focus wisdom on
capital allocation, governance and innovation.
● Tailored, real-time collective education for each and every student: students
receive real-time attention of the crowd
● Real-time governance: virtual director meetings and virtual shareholder
meetings increase the focus on outcomes, rather than process.
● Faster, better outcomes: The NWN achieves better society outcomes faster at
<20% of the cost.
● Real-time Democracy: offers the possibility of real-time citizen participation in
government
Society6
(uses integrated 6 Technology platform)
Society2
(uses 2 fragmented technologies)
data + information
Network Society
Individuals, their "Things", "Books" and communities
are at the heart of a Network Society
Software defines community
● Facebook serves 900m. It is bigger that nearly all countries. It
defines a community in social terms.
● Software, connections define communities. We can use software to
define society, and each community within it.
● A single web application could coordinate all aspects of society.
Network Society delivers technological singularity
● The platform that organises a Network Society is a National Wisdom
Network (NWN).
● A National Wisdom Network is a simple structure that delivers
"technological singularity" for a society.
● The web platform defines a society as a collection of "things" linked
in "books" grouped in communities spanning across countries.
● "Books" are the means for one individual to communicate and
collaborate with others about any "thing" or group of "Things".
● Wisdom Networks bring the wisdom of crowds to every one, every"
thing", every "book" and every community.
● "Things" and "Books" weave their way into lives and society by
linking "virtual reality" and "physical virtuality"
● Collective Intelligence is distributed amongst individuals through
Wisdom Books.
● Wisdom Networks dramatically improves the productivity of labour
with information and collaboration at everyone's finger tips.
Wikipedia defines Network Society as follows:
"The network society is a social structure based on networks operated
by information and communication technologies based on
microelectronics and digital computer networks that generate, process
and distribute information via the nodes of the networks. The network
society can be defined as a social formation with an infrastructure of
social and media networks enabling its prime mode of organization at
all levels (individual, group, organizational and societal) ... the
individual linked by networks is becoming the basic unit of the network
society.
Technological Singularity has many definitions, but all agree the
outcomes are exponential:
The technological singularity is the theoretical emergence of
superintelligence through technological means. - Wikipedia
“… 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
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
Europe has declining and negative productivity ...
A European Wisdom Network could jump start
productivity, growth and prosperity
Wisdom Networks enable the Network Society
...an upgrade from the Information Age
Focus Human time
and attention
Wisdom
Networks
Transparency
Accessibility
Meritocracy
Accessibility
Productivity
Growth
Outcomes
Life
Society6
Efficiency
Technological Singularity
Society2
Health
Wisdom
Each community within a Network Society has different "things" and "books"
The screen below defines all “Things” in the health community.
The NWN reduces complex
communities to 6 types of "Things"
and a few simple interactions in a
peer to peer network. The few
simple interactions are create, link,
share, tag and collaborate. This
means one cloud service can bring
significant change to all
communities or industries at the
same time.
A “Book” shows how “Things” are
linked. Each community is just a
combination on “things” and
“books”, but rely on the same
simple interactions. It is this
innovation that mean all industries
can be served by one wisdom
network.
TeleHealth thrives in the "Internet of Everything" ... Do we get further exponential
benefits if we upgrade "Information Telehealth" to "Wisdom Telehealth"?
What is telehealth?
“Telehealth is the delivery of health-related services using telecommunications and related
technologies in the support of patient care, health education, and administrative activities.” Although
there has been a lot of talk and excitement about the potential of Telehealth for more than twenty years, it’s
time has truly come. This is made possible by the technological developments mentioned above but also by the
urgent need to contain costs spiralling out of control. The cost factor is what creates the political will to embrace
this concept.
Telehealth results in dramatic outcomes in health outcomes
The Whole Systems Demonstrator (WSD) programme was established by the Department of Health (DH) [in
the UK] to evaluate how the use of telecare and telehealth technologies can support people with long-term
health and care needs to live independently.” The results of telehealth for patients with long term health and
care needs, as found by the WSD trial, in the UK were:
● 45% reduction in mortality rates
● 15% reduction in A&E visits
● 20% reduction in emergency admissions
● 14% reduction in elective admissions
● 14% reduction in bed days
● 8% reduction in tariff costs
● These results will also translate in savings of £1.9 Billion over the next 5 years
The inclusion of remote biosensing through the wireless network will improve health outcomes by
orders of magnitude and will do away with the need to develop old world infrastructures.
Telehealth - Information or Wisdom?
Current views of Telehealth are based on expensive information integration ... what would the
cost/benefit be if individuals at the point of health care service delivery were empowered with Wisdom
Books?
Devices
● Real time biosensing data (blood pressure,
heart rate, temperature and other functions
as the technology becomes available)
● Real time compliance (alerts for non-
compliance. Take your medicine alerts!
appointments)
● Data in PatientBook for review by carer,
doctors and nurses in real-time
DoctorBook
Doctor accesses patient data in real time
They upload and link a health “thing” (prescription,
patient plan, etc) to the patient’s “PatientBook” ... It is
shared with all other caregivers instantly
InsurerBook
Health Insurance provider can save costs
through better community transparency
compliance and simpler standard
processes
HospitalBook
HospitalBook shows all “Things” linked to a
hospital including PatientBooks (ie medical
records), and hundreds of other health “Things”
PharmacistBook
Pharmacists’ notified of doctors new
prescription when added by doctor.
Prescription ready when patient arrives.
Governance and Management
(DirectorBook, ManagerBook, ExecutiveBook)
Directors direct the health system Managers manage (review
and approve) and Executives execute. Health services may
save millions with a peer to peer management structure with
each person responsible for certain “things”
PatientBook
Patient Medical Record is a collection of
“Things” contributed by patient’s care network
Devices
Data
Forms
PatientBook
Industry
Government
Home
Organisations
Knowledge
Wisdom
Collaboration
Each community is a peer-to-peer network of "Things" and "Books" that organise them
Health example below
ProviderBook
Care Providers (relatives, nurses and other
carers) can participate and contribute to the
care of anyone
Insurer
"things" are created, tagged and linked in a minute and appear in the necessary books
instantly ... community has 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
Patient
All "things" linked to a patient
Pharmacist
Carer
"Things" linked to a carer
Doctor
All "things" linked to a Doctor
Radiologist
Device (data)
Prescription
Patient plan
Claim
X-Ray
KNOWLEDGE
WISDOM
THING
Doctor sees all content of Patient(Book)
Course
Association
BOOK
Research
Medicine
Clinical Trial
Carers can
see and (if necessary)
control PatientBook
Prescription delivered to
pharmacist instantly
KEY
Referral
Patients can check
availability and book
meetings instantly
Journal
Every "book" could have a complementary device
including health, car, tracking ... healthcare devices worth $23b by 2017
● By 2016, wearable smart electronics in shoes, tattoos and
accessories will emerge as a $10 billion industry.
“The majority of revenue from wearable smart electronics over the next four
years will come from athletic shoes and fitness tracking, communications
devices for the ear, and automatic insulin delivery for diabetics. Wearable
smart electronics, such as fitness trackers, often come with data analysis
applications or services that create useful insights for the wearer.
Applications and services will create new value for consumers, especially
when combined with personal preferences, location, biosensing and social
information. CIOs must evaluate how the data from wearable electronics can
be used to improve worker productivity, asset tracking and workflow.
Wearable electronics will also provide more-detailed information to retailers
for targeting advertisements and promotions.”
● “According to PricewaterhouseCoopers, the worldwide market
for mobile communications and devices used in healthcare will
reach about $23 billion by 2017, up from $4.5 billion forecast for
next year.”
● Remote biosensing of patients will result in significant savings,
particularly in developing countries
Amiigo bracelet ($99)
Amiigo Fitness Bracelet features
● Heart rate
● Activity/calories
● recognises 100 types of activities
● Oxygen levels
● Temperature
Due for delivery to crowdsource customers by July 2013
What features do we add to create a Telehealth bracelet?
● Panic button
● GPS
● Mobile internet access (real-time reporting)
● Alert others in the event rules or thresholds are breached
Economic Development
Wisdom
Wealth
creation
Declining or negative productivity means lower
standards of living
Society has been reduced to a zero sum game and
wealth transfers
Only wisdom networks provide a rapid jump in
productivity and growth ... by restructuring human time
and attention
Wisdom Networks return society to productivity, growth
and wealth creation
How can we create wealth to increase
living standards and sustain society?
Macroeconomic reform
Restructuring human time and attention
Wisdom Networks
Microeconomic reform
Innovation
Investment in the Status quo
Currency depreciation
Taxation & Government expenditure
Debt
Subsidies and Bailouts
Spending more than you earn
Printing money & monetary policy
...
Wealth
transfers
Only wisdom networks provide a rapid jump in productivity, growth and
wealth to sustain society ... other wealth creation tools are ineffective!
National Wisdom Networks deliver National benefits
PRODUCTIVITY!, Efficiency, Transparency, Accessibility and growth for everyone, everywhere
Community
Organisation
Family
Individual
Health
EducationFinance
SOCIAL
National
Local
International
State
Government
POLITICAL
INDUSTRIAL
"Economic development is the development of economic wealth of
countries or regions for the well-being of their inhabitants."
"Public policy generally aims at continuous and sustained economic
growth and expansion of national economies so that ‘developing countries’
become ‘developed countries’."
Economic Development 4.0
● Economic Development 4.0 is the widespread use of Wisdom Networks
by social, industrial and political endeavours to deliver global
transparency, meritocracy, accessibility and productivity.
● One Wisdom Network can serve many communities within a society. They
are achieve much more at 90% less cost.
○ Multi-sector: endeavours include democracy, health, financial
markets, education, processes of innovation and
entrepreneurship.
○ Multi-level: local, state, national and global
○ Multi-community types: individual, family, organisation,
community, society
Platform
● provides an online person to person structure for every community in
every country and reduces the chaos by increasing the proportion of
information which has a structure from between 1 and 35% to more than
80%.
● Significant improvements in productivity of people by placing information,
collaboration and organisation at everyone's fingertips. This could lift
stagnant productivity in some economies, countries and organisations.
Technology delivers diminishing returns. A structural change is required to
deliver returns.
● One platform today displaces thousands of point solutions in the future.
Greater benefits for developing countries
● Developing countries bypass expenditure on information technology within
the organisation and move straight to wisdom networks that connect the
community in a peer to peer structure.
Equity Market 4.0
international finance
Health 3.0
national health
Democracy 3.0
National governance
UNITED
International governance
Education 4.0
international education
Personal health
(chronic and inactive)
Health
community
(industry and research)
Equity Market
Governance
Democracy
Education
Economic
Development
Sequential(starting
with
greatestbenefit)
National Wisdom
Network
Energy, Food, Resources,
Climate, Poverty
Launchallnetworksatonce
Wisdom Networks can be launched to all communities at the same time ... or specific
communities can be launched one at a time in the order of most benefit
Communities deriving most benefit from NWN
NWN Communities deriving most benefit are:
● Health (personal) - doctor, patient, nurse wisdom
● Fueling the growth of SME's to drive economic
growth (company, adviser and investor wisdom)
● Governance (wisdom shareholder meetings)
● Health (research) - researcher, medicine, clinical
trials
● Education - teacher, student, books, courses
Global Wisdom Networks
● Energy
● Resources
● Pharmaceuticals
● Automotive
● Government
Equity Market
Wisdom
Equity Market 4.0 creates a global capital market by sharing "things" and "books"
between countries
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
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)
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
A single wisdom network could service the global Equity community
Local companies transparent to a global market of investors
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:
● Person to person network structure that resembles social networks,
but with an industrial purpose
● Directories (CompanyBook, AdviserBook, InvestorBook)
○ tag based search finds participants in minutes
○ self published
○ CompanyBook
● 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
A Cloud based "Collaborative Macroexchange" could achieve a
global equity market with a greater degree of transparency,
accountability and meritocracy.
Wisdom Networks delivers a local look in the local language
and
regional transparency, accessibility, liquidity and wisdom
Fuelling the rapid growth of SME’s, Ventures and Early stage Innovators
Delivered in 5 days
Lightning Strike
Engineering Inspiration
1 2 3
Cloud power
Accessibility
Entrepreneurs
Endorsement to create
and inspire adoption
Statesmen
Endorsement and
aligning government tiers
with common objective
Media
Partnership with TV
(ie; Dragons Den reaches a
community of 3m+ with an
nterest in ventures and i
nnovation – Dragons Den 3.0?
Government
Government departments
participate to encourage
and regulate
4
Scalability
Adoption
Equity Market 3.0 Customised in
30-90 days
Marketing
Break-even
Critical
mass
Transform
Existing community members
Incubators
Venture Capital Associations
Business Associations
Stock exchange
Non-government organisations
Recruit existing
“National”, “Finance”
“Community”
organisations for
inspiration and early
adopters
5
Integrate
Share
Link
Governance
Wisdom
BoardBook provides Directors with Information, Collaboration, Knowledge, Wisdom
within a restricted community
Example
● Our “Boardbooks” knowledge centre is displayed on the right hand
side
● It demonstrates many of the features of the platform
● Collaboration tools
● Linked Content
● Task management
● Tagging
● Revealing Knowledge – all information linked to the “Notice of
Meeting of Directors”
● Form preparation
● The BoardBook community are driven through a 6 stage process
to achieve wisdom.
Book shows the "Links"
Each "Thing" appears in a list
The "ShareholderBook": a Wisdom view of 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
The "ShareholderBook" performs the following functions:
● preparation of shareholder material by executive team and external parties
● distribution of digital information to shareholders
● online discussion of information prior to meetings
● online polls before, during or after meeting
● event management of thousands of people
● Opportunities
○ routine financial information can be discussed prior to meeting
○ physical meeting can be devoted to more important matters
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
Management
Wisdom
MANUFACTURING
ACCOUNTING
MARKETING
ENGINEERING
CORPORATE
STRATEGY
SALES
OPERATIONS
INNOVATION
DESIGN
SUPPORT
FINANCE
Management 3.0 Wisdom Network: a cloud of "things" and "books" and people with
three types of roles to manage an organisation
DIRECTORS
(direct process)
MANAGERS
(review
and approve)
EXECUTIVES
(Execute)
WHAT? - HOW? - WHERE? (Management ) - WHY? - WHO?
Public and partner
collaboration
within organisational
groups
Organisational contribution within
Industry, national and international
groups
Public/
partner
Directors
Managers
Executives
INTEGRATION
ACROSS
GLOBALCOMMUNITIES
ManufacturingSalesMarketingSupport
National
Organisation
International
Industry
SIMPLE,UNIVERSALROLES
SOCIAL NETWORKING ACROSS ORGANISATIONAL GROUPS
Design
Engineering
Innovation Finance
And
more ...
Wisdom Network provides Structure & Integration
Organisation Structure => Community Integration
MANAGEMENT 3.0 =
social networking structure
+ peer to peer linking reveals knowledge
+ comprehensive content management
+ links into enterprise software data to add wisdom
+ People have three purposes within each group
+ industry collaboration
Solve labour shortages virtually
There is a significant shortage of skilled
labour in the first world (33m people) ...
this approach could tap the labour pool in
the third world. Management 3.0 solves
this problem.
If you need some extra people to run your
business
● search for them (ie; payroll executive)
● read their profile and references
● check their availability
● check community feedback/ratings
● call them on Skype
● and then add them to your Network for an
hour, project, day or full-time
Democracy
Wisdom
Democracy Wisdom delivers greater transparency
and, maybe, participation and contribution to the process of decision-making
National wealth distribution
Ownership of community knowledgeIntellectual Property
Borrow to consume
InvestmentFinancial
International TradeProtectionism Free markets
Community
Save for the future
Investment in Innovation
Savings
Economic management
Free/Open Source
Individual
International wealth
distribution
Collective
Developed
Business
Monetarism
Developing
Private
Keynesian
Attitude CollaborationOpportunism
Democracy is a form of government in which all eligible citizens have an equal say in the decisions that affect
their lives. Democracy allows eligible citizens to participate equally—either directly or through elected
representatives—in the proposal, development, and creation of laws.
It encompasses social, economic and cultural conditions that enable the free and equal practice of political self-
determination. - Wikipedia
● Web 1.0 limits participation of
citizens to a two party vote every 3-
4 years.
● Democracy 3.0 presents the
opportunity for the people to
participate in the democracy in real-
time.
Wisdom?
Why? Why not?
Wisdom Networks deliver 80% of the outcome at <10% of the cost in 6 months
● 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
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“
We are starting to reconsider existing information Age approaches
to privacy and security to enable some Wisdom networks
The patient 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
Wisdom Networks
How?
Wisdom Networks - deployed in as little as 90 days
and adopted by a community in less than a year
Wisdom Network
template delivered in 5
days
Customised
over 90-180 days
Marketing
1 2 3
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
Transformation
Stakeholders
Recruit existing
organisations for
inspiration and early
adopters
5
Integrate
Share
Link
Cloud power
Wisdom Networks crowd create
a Network Society
Contact
e: marcus.cake@wisdomnetworks.im
Skype: marcuscake
LinkedIn: au.linkedin.com/in/marcuscake
Focus Human time
and attention
Wisdom
Networks
Transparency
Accessibility
Meritocracy
Accessibility
Productivity
Growth
Outcomes
Life
Network Society
Efficiency
Technological Singularity
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

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Society Wisdom: Wisdom Networks crowd create Network Society #FutureOf

  • 1. Society Wisdom: Wisdom Networks crowd create Network Society Contact e: marcus.cake@wisdomnetworks.im Skype: marcuscake LinkedIn: au.linkedin.com/in/marcuscake Focus Human time and attention Wisdom Networks Transparency Accessibility Meritocracy Accessibility Productivity Growth Outcomes Life Society6 Efficiency Technological Singularity Delivered in 5 days! Launch in 90-180! Transform ation in 1-2 years! Society2 Please share! Current version at http://is.gd/wnccns
  • 2. Contents We need to upgrade from the Information Age to Wisdom Networks! declining or negative productivity means we have a choice ... wisdom, crisis or collapse Wisdom Networks a cloud of things, books, communities, process and outcomes distributed among the people Wisdom Books are a comprehensive and more efficient means of sharing knowledge and organising wisdom (compared to incomplete, opaque information technology) National Wisdom Network (NWN) enables the Network Society ... an upgrade from the Information Age Network Society achieves a rapid jump in productivity and growth by restructuring time and attention What does Wisdom look like? Some examples: Health, Equity Market, Economic development, Governance, Management Why? Why not? How?
  • 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 ) Image source: Wikipedia
  • 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 brought "books" 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 POTENTIAL 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 organisation contribution from outside hierarchies everywhere Add ?% from Global Community Wisdom Networks can capture contribution from the global community virtually! Growth bonus!
  • 7. We need to move from Information to Wisdom "Where is the Life we have lost in living? Where is the wisdom we have lost in knowledge? Where is the knowledge we have lost in information?" T.S. Elliott
  • 8. 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
  • 9. 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
  • 10. Can we recover the life we have lost in the Information Age? "Where is the Life we have lost in living? Where is the wisdom we have lost in knowledge? Where is the knowledge we have lost in information?" T.S. Elliott Economic development ■ Survival: Humanity has a 50% chance of surviving beyond 2100. Is this a result of community or individual decisions? ■ Illiteracy and numeracy at unacceptable levels throughout the developing and developed world ■ Insolvent governments: Government borrowing 15% of GDP every year or printing money to maintain asset prices, 1% growth and avoid adjustments to previous system failures ■ Costly and unnecessary wars that result from incorrect information ■ Insolvency at every level in every country: Spending more than you earn and leverage at high asset prices has resulted in insolvency at every level (personal, retirement, local government, health, state and national). Financial markets ● Bad investments: bundling bad mortgages and rating them as AAA securities ● Insolvent financial institutions: A bank lending 5 times more than the average at housing prices twice the long term average ... the inevitability of insolvent banks Economy ● Excessive risk in balance sheets: companies over-geared (debt to equity greater than 5-10) ● Boom and bust cycles: A business cycle of boom and bust, financial crisis and wide swings in asset prices ● Declining productivity: growth in productivity has stalled. Wisdom Networks can provide improve productivity. Health ● 1 in 6 patients are poisoned, maimed or killed by the Western health care system
  • 11. 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
  • 12. 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 diminshing 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
  • 13. 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 society 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. 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. 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.
  • 14. 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
  • 15. We have a choice ... crisis or collapse by default ... upgrade to wisdom networks and usher in a new era of prosperity Network Society Information technology CountriesHierarchy WE NEED TO MOVE FROM THE INFORMATION AGE Wisdom Networks Wisdom Books CRISIS Sub-optimal health outcomes, financial crisis, 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
  • 16. Wisdom Networks could double, triple or quadruple productivity of every employee by restructuring human time and attention... sources include reclaiming travel time, reclaiming identified wasted time, reclaiming unproductive work time and gamification People acknowledge they waste at least 18% of their worktime... as below 72% of work time is unproductive Of their day, people spend 44% at work, 17% leisure and 8% on travel Only 28% of work time is productive Source: Ernst and Young Australian Productivity Pulse: Wave 1 (October 2011) and Wave 2 (May 2012) - is.gd/autime Reclaiming half of travel time increases productivity by 10% Reclaiming acknowledged wasted time increases productivity a further 20% Restructuring 30%, 60%, 90% of unproductive work time lifts productivity by 100%, 200% and 300% respectively up to 72% of work time is unproductive
  • 17. WISDOM NETWORKS Abundance - rapid jump in productivity, growth, wealth creation INFORMATION AGE Exhaustion - no productivity, no growth, zero sum game, wealth transfers UPGRADE OPAQUE TRANSPARENT
  • 18. Wisdom Networks A cloud of things, books, communities, process and outcomes distributed among people
  • 19. 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
  • 20. 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) a cloud of things, books, communities, process and outcomes distributed among people The second generation uses the flexibility of the internet to restructure human time and attention to deliver a rapid jump in productivity and growth Society currently distributes multiple copies of "things" amongst people ... wisdom networks bring the people to one "thing" 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
  • 21. DATA 1. Available (or Open) 2. Structured 3. Non-proprietary format 4. URL’s INFORMATION 5. Privacy and security 6. Tag 7. Share COMMUNITY 8. Accessibility 9. Adoption 10. Gamification COLLABORATION 11. Accountable and accurate 12. Workflows push to completion 13. Meritocracy KNOWLEDGE 14. Link 15. Peer to Peer 16. Transparent WISDOM 17. Interoperable 18. Priorities 19. Outcomes 20. Prosperity Wisdom Networks drive a 6 stage Process to assemble information, reveal knowledge, and organise action toward outcomes "Wisdom is a deep understanding and realization of people, things, events or situations, resulting in the ability to apply perceptions, judgements and actions in keeping with this understanding .... Wisdom is also the comprehension of what is true or right coupled with optimum judgment as to action.” - Wikipedia
  • 22. Wisdom Networks are exponentially better than hierarchies Wisdom Networks deliver transparency, meritocracy, accessibility, efficiency, outcomes Hierarchy - more process, less outcomes Hierarchies do not scale well. They can't get the best, or save us from the worst, of all individuals all the time. The more people that are added to hierarchies ... the less efficient and effective they become. Larger results in more process and less outcomes. The law of diminishing returns means we need to reshape the status quo. Hierarchies duplicate many things and effort in organisations, local communities, industry, nations and across the world. Executives (execute tasks) Managers (review and focus) Directors (define outcomes) Information Age (organise) Wisdom Networks - one process, more outcomes Wisdom networks organise ... so people don't have to. Everyone focuses on "things", "books" and outcomes One uniform six stage process covering multiple communities No duplication - one "thing" used across all communities One wisdom network can manage multiple communities of any size Information Age organisers become Managers or Executives
  • 23. The people decide how wisdom is focussed on things and books in real-time Wisdom Networks embody how we like to play together and achieve better outcomes from our work and contribution People, books and things are distributed across information and wisdom networks that becomes a collective intelligence. Wisdom networks link little data at their source into Wisdom Books with the creators permission in real-time. Information age structures that aggregate big data off information into an opaque silo become redundant. People that previously organised information now contribute wisdom to things and books. Community recognises the quantity and quality of contribution with points and status. Community contribution becomes a real time game. Community already spends most of their free time social networking and playing. Wisdom networks are how people want to work and contribute. No information Age structure could ever compare with the real-time, costless and effectiveness of a wisdom network. People earn points and status by contributing to Network Society and each other
  • 24. National Wisdom Networks manages many communities Wisdom Pathway is the interface/menu The interface/menu is about achieving wisdom. Each community consists of 6 types of common) "Things" ● Data ● Information ● Community ● Collaboration ● Knowledge ● Wisdom Multiple communities in one web application The "Things" for each Community are displayed in a tabbed interface: ■ Equity Market ■ Health ■ Governance ■ Financial market ■ Individual ■ Economic Development ■ Organisation (Management) ■ Other: Oil, Resources, Water Food, Climate change, drug research } } }
  • 25. Many countries (and organisations) have declining and negative productivity Wisdom Networks could jump start productivity, growth and prosperity. A National Wisdom Network (NWN) could create a Network Society and be a platform to integrate with the global community Wisdom Networks link communities across communities to provide a regional or global network Global integration ( community, industry)Integration (regional, industry, national) Individual Wisdom Networks (country, industry, organisation)
  • 26. Wisdom Books are a comprehensive and efficient means of person to person communication replacing fragmented, opaque and incomplete information technology
  • 27. Books provide people with knowledge about "Things", and tools to pursue outcomes Book shows the "Links" Each "Thing" appears in a list All Books have the same structure ... only the "Things" change and the way they are grouped in each book ... chapters? All "books" manage all six stages/elements for that subject within the community. This includes: ● Data: linking to data at source ● Information: sharing and tagging information ● Community: keeping the community informed ● Collaboration: organising collaboration (bookings, events, meetings, tasks etc) ● Knowledge: revealing knowledge in one place for review - knowledge now has an address ● Wisdom: revealing knowledge, organising collaboration and taking action toward outcomes
  • 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. Doctor(Book) "Things" include profile, availability, services, ratings, references Insurer(Book) "Things" include profile, products, services Plumber(Book) "Things" include ratings, availability, references, services Mechanic(Book) "Things" include location, services, products, availability Hairdresser(Book) "Things" include products, services, calendar or availability, discussions Tax(Book) Consumers tax "things" Consumers share & link "books" with others to share knowledge and focus the wisdom and effort of the community on outcomes ... in real-time! Lawyer(Book) "Things" include profile, availability, references, ratings, articles Accountant(Book) A"Things" include profile, services, availability Patient(Book) The patient's health "things" Claim(Book) Consumers organises all "things" relating to an insurance claim Hospital(Book) Hospital "things" include profile, doctors, services, availability Wisdom features search by tag, sharing, linking, discuss, tasks, events, timeline, etc WISDOM Car(Book) "Things" include service history, expenses, photos, Insured(Book) "Things" include assets, people, car RegisterBook Statutory registers, contracts and governance "things" FREE (directory model of pricing ... consumer free, business pays to interact with consumer) IndividualBook Profile, diary Student(Book) Consumers organises education "things" Teacher(Book) "Things" include profile, availability, courses, ratings, assignments, exams, timetable School(Book) Education "things" University(Book) Education "things"
  • 30. 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
  • 31. National Wisdom Network Enables the Network Society... ...an upgrade from the Information Age
  • 32. People use "Books" to share knowledge and focus wisdom in each of their communities PatientBook My health record DoctorBook Doctor writes me a prescription GOVERNANCE DEMOCRACY DoctorBook (What new "things" have happened to my patients) PharmacistBook my new prescription appears in Pharmacist dashboard in real-time. Pharmacist arranges delivery HospitalBook (reviews information about hospital, book a procedure CitizenBook (all my government interactions, drivers license) PoliticianBook (review politicians policies, comment on his health policy, complain about progress on community centre) BureaucratBook (review bureaucrats projects and progress on construction of local community centre) MechanicBook Check reviews, book car in for service, specify tasks CarBook Mileage, service reports, real-time data - shared with mechanic RestaurantBook (read reviews, check availability make bookings) BoardBook participates in virtual board meetings, review minutes, information, discussion, questions, online poll ShareholderBook (review annual reports. complete proxy form, RSVP to meeting invitation, online poll?) CourseBook meetings (tutorials), lectures (event management), assignments, exams InsuredBook My insurance policies ClaimBook (assemble insurance claim online - shared with assessor) InsurerBook Product information, book meetings, complete forms online John Smith PatientBook (review his xray shared by radiologist, start discussion, set task for John to have a more detailed XRay, "Referral" for 2nd XRay added to PatientBook StudentBook profile, assignments HEALTH (PERSONAL) WORK FINANCIAL MARKET EDUCATION ManagerBook Manage Executives TeacherBook profile, courses ProductBook My insurance, equity and debt OrganisationBook My workplace GovernmentBook all my government interactions, drivers license, tax FederalBook All Federal Govt "Things" StateBook All State Govt "Things" LocalBook All Local Govt "Things" SchoolBook (profile, current courses DirectorBook Direct managers ExecutiveBook Execute job My Books provide real-time messaging, participation and contribution in my communities GOVERNMENT CONSUMER HEALTH (DELIVERY) AcountantBook Tasks assigned to accountant, availability, check reviews LawyerBook Tasks assigned to lawyer, availability, check reviews PropertySaleBook (read profile, review video, check availability make bookings) RentalPropertyBook (read profile, review video, check availability make bookings) UniversityBook (profile, current courses VentureBook (a list of ventures for assessment, due diligence, completion or monitoring) M&ABook (a list of M&A opportunities for assessment, due diligence, completion or monitoring) InvestmentBook (a list of investments across multiple asset classes ... includes many OrganisationBook and ProductBook. ProductBook (details of a product, its attributes and "things" (organisation, compliance, events) linked to it
  • 33. National Wisdom Network unites People in the Cloud and reinvents how they participate within all the communities ● Society has built the foundation for wisdom: Society has crowd created connectivity (internet), information (world wide web) and software (open source software communities). The NWN builds on the shoulders of these giants and crowd creates wisdom (knowledge and action focused on outcomes) in a peer to peer platform. ● Empowers the individual with wisdom: delivers the wisdom of crowds to the individual and overcomes the inherent problems with opaque, isolated information. ● Making communities simple: reduces complex communities to six types of "things", "books" which display knowledge and a few simple collaborative actions. ● Achieve Technological Singularity: a collective intelligence of cloud based crowds, "things", "books" and communities. ● Transparency: better accountability and meritocracy is achieved when everyone can see every "thing", everywhere ● Quick: it can be delivered in a day, customised, launched within 60 - 180 days at 20% of the cost of proprietary ICT ● Accessibility: every individual and community can leverage collective wisdom in any community ● Global: organise the 2 billion people connected to the internet ● "Over the top" (OTT) final solution: Wisdom Networks come "Over the Top" and integrate people, technology and information in the cloud. ● Solves the underlying problem that plagues all communities: The underlying problem is that information is isolated, communities are opaque and deriving profit from information discourages the inevitable and necessary shift to transparency, access and meritocracy. ● One wisdom platform today, displaces thousands of information investments in the future
  • 34. Wisdom Networks are an Over the Top (OTT) disruptive platform integrating technology, people and information "The invasion of over-the-top (OTT) services has begun. It is time for telecommunication operators to prepare their positions and choose their weapons to win the battles for mobile voice, messaging, media, and cloud services. We believe telecom operators will be best prepared to meet those challenges if they take the following steps: 1. Choose your battlefields. 2. Redefine value propositions and business models. 3. Create new platforms and approaches. 4. Rethink organizational approaches. 5. Remain flexible and ready to adjust. There cannot be one OTT strategy. Indeed, each battleground—voice, messaging, media, and cloud—will demand a different strategy and a different combination of offensive and defensive tactics. Some battles will be won, some lost. But overall, we believe that telecom operators, with their consumer insights and inherent ability to deliver breakthrough customer experiences, are uniquely positioned to win this war." Winning the OTT War: Strategies for sustainable growth, AT Kearney, September 2012 Is this the OTT Platform strategy to rule them all?: 1. Chooses a "Wisdom" battlefield, not information or community 2. Offers an integrated wisdom value proposition to consumers, industry and society and aggregates OTT point solutions. Consumers can choose to use other point solutions (ie GDocs for collaboration or DropBox for file storage). The NWN's Single Sign-on or Open-ID may be important. 3. Pioneers a single platform (or ONE OTT STRATEGY) that leverages and integrates third party investments in community and information point solutions. 4. provides a peer to peer structure to organisations and industry in a Network Society 5. Is adaptable, flexible and leverages the collective innovation of open source software community 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
  • 35. Wisdom Networks crowd create the Network Society HEALTH INDIVIDUAL GOVERNMENT INDUSTRY Doctors, nurses and patients GOVERNANCE Government Department(s) EQUITY MARKETStock exchanges ORGANISATION EDUCATION Teachers and students Politicians DEMOCRACY SME's, investors and advisers 23 May 2013
  • 36. Wisdom Networks delivers community, country or regional transparency and accessibility Drill-down to any of the "Books" which make up the community
  • 37. Personal health (chronic and inactive) Health community (industry and research) Equity Market Governance Democracy Education Economic Development Sequential(starting with greatestbenefit) National Wisdom Network Energy, Food, Resources, Climate, Poverty Launchallnetworksatonce Communities deriving most benefit from NWN NWN Communities deriving most benefit are: ● Health (personal) - doctor, patient, nurse wisdom ● Fueling the growth of SME's to drive economic growth (company, adviser and investor wisdom) ● Governance (wisdom shareholder meetings) ● Health (research) - researcher, medicine, clinical trials ● Education - teacher, student, books, courses Global Wisdom Networks ● Energy ● Resources ● Pharmaceuticals ● Automotive ● Government Wisdom Networks can be launched to all communities at the same time ... or specific communities can be launched one at a time in the order of most benefit
  • 38. Network Society Enables the Network Society... ...an upgrade from the Information Age
  • 39. Unstructured Network Society emerging anyway ... 35%+ change expected within 2 years Wisdom Networks make faster, deeper and structured change with greater benefits Deloitte Digital report "It’s only a matter of time. Virtually every sector can expect to face changes rivalling those of the industrial revolution. Some industries may face extinction, new sectors are being created, and others are being transformed beyond recognition. Eighteen industries are mapped with respect to their vulnerability to disruption from two perspectives: the size of the impact and the imminence of change. (see right)" As these changes will play out over many years, timing of specific changes is hard to predict. Deloitte Digital Deloitte forecasts 35%+ change for some industries within 5 years. The NWN "short fuse, big bang" Wisdom Networks could achieve faster, more comprehensive change and deliver greater benefits within a shorter period. The National Wisdom Network (NWN) could deliver a "short fuse, big bang" (high impact within 2 years) across all industries and achieve "technological singularity" for society with one cloud based application. Source: Taking Leadership in a Digital Economy, Deloitte Digital and Telstra, November 2012
  • 40. The NWN unites people in the cloud and reinvents how they live and work within all the communities within which they participate. Crowd create wisdom Society has crowd created connectivity (internet), information (world wide web) and software (open source software communities). Wisdom Networks builds on the shoulders of these giants and crowd creates wisdom (knowledge and action focused on outcomes). NWN brings wisdom to individuals in every community NWN moves beyond the Information Age and organises the wisdom of crowds to transform health, equity market, education, democracy and other fields of human endeavour. Many current problems don’t need to be solved, because they can be eliminated by solving the underlying problem. Overcome the information problem The underlying problem is that information is isolated, communities are opaque and deriving profit from information discourages the inevitable and necessary shift to transparency, access and a prevailing meritocracy which is the environment in which wisdom can be achieved. Wisdom Books achieve comprehensive, efficient person to person communication Wisdom Books reveal knowledge and focus wisdom about any "thing", anywhere, anytime to anyone and achieve comprehensive and efficient person to person communication ... they upgrade fragmented, opaque and incomplete person to person information technology at the heart of our information society Wisdoms Network enables the Network Society and accelerates Economic development The NWN could deliver a "short fuse, big bang" (high impact within 2 years) across all industries and achieve "technological singularity" for a society with one web application. It could be launched within 90-180 days depending on requirements. National Wisdom Networks (NWN) crowd create a Network Society in 2 years
  • 41. National Wisdom Networks organises Wisdom knowledge + collaboration focused on outcomes for individuals & organisations across many communities ● Human time and attention are the most productive elements in today's economy: Only a change in systems will result in productivity and growth improvements. ● Network Society could deliver the next radical jump in productivity and growth by focusing human time and attention on outcomes. Wisdom Networks places transparency, productivity, growth, efficiency and transparency at the fingertips of every individual in every community. ● Information technology and hierarchical structures suffer diminishing returns. Debt has been used to maintain standards of living while productivity has been stagnant. The problem of stagnating productivity is unresolved. ● Patient focused Healthcare: focus collective wisdom of care providers on patients in real-time. ● Better Management: a more efficient peer to peer organisation structure ● Transparent and accessible equity market fuels the growth of SME's and supports entrepreneurs: The NWN crowd creates a global, transparent and accessible equity market which focus wisdom on capital allocation, governance and innovation. ● Tailored, real-time collective education for each and every student: students receive real-time attention of the crowd ● Real-time governance: virtual director meetings and virtual shareholder meetings increase the focus on outcomes, rather than process. ● Faster, better outcomes: The NWN achieves better society outcomes faster at <20% of the cost. ● Real-time Democracy: offers the possibility of real-time citizen participation in government Society6 (uses integrated 6 Technology platform) Society2 (uses 2 fragmented technologies) data + information Network Society
  • 42. Individuals, their "Things", "Books" and communities are at the heart of a Network Society Software defines community ● Facebook serves 900m. It is bigger that nearly all countries. It defines a community in social terms. ● Software, connections define communities. We can use software to define society, and each community within it. ● A single web application could coordinate all aspects of society. Network Society delivers technological singularity ● The platform that organises a Network Society is a National Wisdom Network (NWN). ● A National Wisdom Network is a simple structure that delivers "technological singularity" for a society. ● The web platform defines a society as a collection of "things" linked in "books" grouped in communities spanning across countries. ● "Books" are the means for one individual to communicate and collaborate with others about any "thing" or group of "Things". ● Wisdom Networks bring the wisdom of crowds to every one, every" thing", every "book" and every community. ● "Things" and "Books" weave their way into lives and society by linking "virtual reality" and "physical virtuality" ● Collective Intelligence is distributed amongst individuals through Wisdom Books. ● Wisdom Networks dramatically improves the productivity of labour with information and collaboration at everyone's finger tips. Wikipedia defines Network Society as follows: "The network society is a social structure based on networks operated by information and communication technologies based on microelectronics and digital computer networks that generate, process and distribute information via the nodes of the networks. The network society can be defined as a social formation with an infrastructure of social and media networks enabling its prime mode of organization at all levels (individual, group, organizational and societal) ... the individual linked by networks is becoming the basic unit of the network society. Technological Singularity has many definitions, but all agree the outcomes are exponential: The technological singularity is the theoretical emergence of superintelligence through technological means. - Wikipedia “… 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 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
  • 43. Europe has declining and negative productivity ... A European Wisdom Network could jump start productivity, growth and prosperity
  • 44. Wisdom Networks enable the Network Society ...an upgrade from the Information Age Focus Human time and attention Wisdom Networks Transparency Accessibility Meritocracy Accessibility Productivity Growth Outcomes Life Society6 Efficiency Technological Singularity Society2
  • 46. Each community within a Network Society has different "things" and "books" The screen below defines all “Things” in the health community. The NWN reduces complex communities to 6 types of "Things" and a few simple interactions in a peer to peer network. The few simple interactions are create, link, share, tag and collaborate. This means one cloud service can bring significant change to all communities or industries at the same time. A “Book” shows how “Things” are linked. Each community is just a combination on “things” and “books”, but rely on the same simple interactions. It is this innovation that mean all industries can be served by one wisdom network.
  • 47. TeleHealth thrives in the "Internet of Everything" ... Do we get further exponential benefits if we upgrade "Information Telehealth" to "Wisdom Telehealth"? What is telehealth? “Telehealth is the delivery of health-related services using telecommunications and related technologies in the support of patient care, health education, and administrative activities.” Although there has been a lot of talk and excitement about the potential of Telehealth for more than twenty years, it’s time has truly come. This is made possible by the technological developments mentioned above but also by the urgent need to contain costs spiralling out of control. The cost factor is what creates the political will to embrace this concept. Telehealth results in dramatic outcomes in health outcomes The Whole Systems Demonstrator (WSD) programme was established by the Department of Health (DH) [in the UK] to evaluate how the use of telecare and telehealth technologies can support people with long-term health and care needs to live independently.” The results of telehealth for patients with long term health and care needs, as found by the WSD trial, in the UK were: ● 45% reduction in mortality rates ● 15% reduction in A&E visits ● 20% reduction in emergency admissions ● 14% reduction in elective admissions ● 14% reduction in bed days ● 8% reduction in tariff costs ● These results will also translate in savings of £1.9 Billion over the next 5 years The inclusion of remote biosensing through the wireless network will improve health outcomes by orders of magnitude and will do away with the need to develop old world infrastructures. Telehealth - Information or Wisdom? Current views of Telehealth are based on expensive information integration ... what would the cost/benefit be if individuals at the point of health care service delivery were empowered with Wisdom Books?
  • 48. Devices ● Real time biosensing data (blood pressure, heart rate, temperature and other functions as the technology becomes available) ● Real time compliance (alerts for non- compliance. Take your medicine alerts! appointments) ● Data in PatientBook for review by carer, doctors and nurses in real-time DoctorBook Doctor accesses patient data in real time They upload and link a health “thing” (prescription, patient plan, etc) to the patient’s “PatientBook” ... It is shared with all other caregivers instantly InsurerBook Health Insurance provider can save costs through better community transparency compliance and simpler standard processes HospitalBook HospitalBook shows all “Things” linked to a hospital including PatientBooks (ie medical records), and hundreds of other health “Things” PharmacistBook Pharmacists’ notified of doctors new prescription when added by doctor. Prescription ready when patient arrives. Governance and Management (DirectorBook, ManagerBook, ExecutiveBook) Directors direct the health system Managers manage (review and approve) and Executives execute. Health services may save millions with a peer to peer management structure with each person responsible for certain “things” PatientBook Patient Medical Record is a collection of “Things” contributed by patient’s care network Devices Data Forms PatientBook Industry Government Home Organisations Knowledge Wisdom Collaboration Each community is a peer-to-peer network of "Things" and "Books" that organise them Health example below ProviderBook Care Providers (relatives, nurses and other carers) can participate and contribute to the care of anyone
  • 49. Insurer "things" are created, tagged and linked in a minute and appear in the necessary books instantly ... community has 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 Patient All "things" linked to a patient Pharmacist Carer "Things" linked to a carer Doctor All "things" linked to a Doctor Radiologist Device (data) Prescription Patient plan Claim X-Ray KNOWLEDGE WISDOM THING Doctor sees all content of Patient(Book) Course Association BOOK Research Medicine Clinical Trial Carers can see and (if necessary) control PatientBook Prescription delivered to pharmacist instantly KEY Referral Patients can check availability and book meetings instantly Journal
  • 50. Every "book" could have a complementary device including health, car, tracking ... healthcare devices worth $23b by 2017 ● By 2016, wearable smart electronics in shoes, tattoos and accessories will emerge as a $10 billion industry. “The majority of revenue from wearable smart electronics over the next four years will come from athletic shoes and fitness tracking, communications devices for the ear, and automatic insulin delivery for diabetics. Wearable smart electronics, such as fitness trackers, often come with data analysis applications or services that create useful insights for the wearer. Applications and services will create new value for consumers, especially when combined with personal preferences, location, biosensing and social information. CIOs must evaluate how the data from wearable electronics can be used to improve worker productivity, asset tracking and workflow. Wearable electronics will also provide more-detailed information to retailers for targeting advertisements and promotions.” ● “According to PricewaterhouseCoopers, the worldwide market for mobile communications and devices used in healthcare will reach about $23 billion by 2017, up from $4.5 billion forecast for next year.” ● Remote biosensing of patients will result in significant savings, particularly in developing countries Amiigo bracelet ($99) Amiigo Fitness Bracelet features ● Heart rate ● Activity/calories ● recognises 100 types of activities ● Oxygen levels ● Temperature Due for delivery to crowdsource customers by July 2013 What features do we add to create a Telehealth bracelet? ● Panic button ● GPS ● Mobile internet access (real-time reporting) ● Alert others in the event rules or thresholds are breached
  • 52. Wealth creation Declining or negative productivity means lower standards of living Society has been reduced to a zero sum game and wealth transfers Only wisdom networks provide a rapid jump in productivity and growth ... by restructuring human time and attention Wisdom Networks return society to productivity, growth and wealth creation How can we create wealth to increase living standards and sustain society? Macroeconomic reform Restructuring human time and attention Wisdom Networks Microeconomic reform Innovation Investment in the Status quo Currency depreciation Taxation & Government expenditure Debt Subsidies and Bailouts Spending more than you earn Printing money & monetary policy ... Wealth transfers Only wisdom networks provide a rapid jump in productivity, growth and wealth to sustain society ... other wealth creation tools are ineffective!
  • 53. National Wisdom Networks deliver National benefits PRODUCTIVITY!, Efficiency, Transparency, Accessibility and growth for everyone, everywhere Community Organisation Family Individual Health EducationFinance SOCIAL National Local International State Government POLITICAL INDUSTRIAL "Economic development is the development of economic wealth of countries or regions for the well-being of their inhabitants." "Public policy generally aims at continuous and sustained economic growth and expansion of national economies so that ‘developing countries’ become ‘developed countries’." Economic Development 4.0 ● Economic Development 4.0 is the widespread use of Wisdom Networks by social, industrial and political endeavours to deliver global transparency, meritocracy, accessibility and productivity. ● One Wisdom Network can serve many communities within a society. They are achieve much more at 90% less cost. ○ Multi-sector: endeavours include democracy, health, financial markets, education, processes of innovation and entrepreneurship. ○ Multi-level: local, state, national and global ○ Multi-community types: individual, family, organisation, community, society Platform ● provides an online person to person structure for every community in every country and reduces the chaos by increasing the proportion of information which has a structure from between 1 and 35% to more than 80%. ● Significant improvements in productivity of people by placing information, collaboration and organisation at everyone's fingertips. This could lift stagnant productivity in some economies, countries and organisations. Technology delivers diminishing returns. A structural change is required to deliver returns. ● One platform today displaces thousands of point solutions in the future. Greater benefits for developing countries ● Developing countries bypass expenditure on information technology within the organisation and move straight to wisdom networks that connect the community in a peer to peer structure. Equity Market 4.0 international finance Health 3.0 national health Democracy 3.0 National governance UNITED International governance Education 4.0 international education
  • 54. Personal health (chronic and inactive) Health community (industry and research) Equity Market Governance Democracy Education Economic Development Sequential(starting with greatestbenefit) National Wisdom Network Energy, Food, Resources, Climate, Poverty Launchallnetworksatonce Wisdom Networks can be launched to all communities at the same time ... or specific communities can be launched one at a time in the order of most benefit Communities deriving most benefit from NWN NWN Communities deriving most benefit are: ● Health (personal) - doctor, patient, nurse wisdom ● Fueling the growth of SME's to drive economic growth (company, adviser and investor wisdom) ● Governance (wisdom shareholder meetings) ● Health (research) - researcher, medicine, clinical trials ● Education - teacher, student, books, courses Global Wisdom Networks ● Energy ● Resources ● Pharmaceuticals ● Automotive ● Government
  • 56. Equity Market 4.0 creates a global capital market by sharing "things" and "books" between countries 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
  • 57. 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)
  • 58. 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
  • 59. A single wisdom network could service the global Equity community Local companies transparent to a global market of investors 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: ● Person to person network structure that resembles social networks, but with an industrial purpose ● Directories (CompanyBook, AdviserBook, InvestorBook) ○ tag based search finds participants in minutes ○ self published ○ CompanyBook ● 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 A Cloud based "Collaborative Macroexchange" could achieve a global equity market with a greater degree of transparency, accountability and meritocracy. Wisdom Networks delivers a local look in the local language and regional transparency, accessibility, liquidity and wisdom
  • 60. Fuelling the rapid growth of SME’s, Ventures and Early stage Innovators Delivered in 5 days Lightning Strike Engineering Inspiration 1 2 3 Cloud power Accessibility Entrepreneurs Endorsement to create and inspire adoption Statesmen Endorsement and aligning government tiers with common objective Media Partnership with TV (ie; Dragons Den reaches a community of 3m+ with an nterest in ventures and i nnovation – Dragons Den 3.0? Government Government departments participate to encourage and regulate 4 Scalability Adoption Equity Market 3.0 Customised in 30-90 days Marketing Break-even Critical mass Transform Existing community members Incubators Venture Capital Associations Business Associations Stock exchange Non-government organisations Recruit existing “National”, “Finance” “Community” organisations for inspiration and early adopters 5 Integrate Share Link
  • 62. BoardBook provides Directors with Information, Collaboration, Knowledge, Wisdom within a restricted community Example ● Our “Boardbooks” knowledge centre is displayed on the right hand side ● It demonstrates many of the features of the platform ● Collaboration tools ● Linked Content ● Task management ● Tagging ● Revealing Knowledge – all information linked to the “Notice of Meeting of Directors” ● Form preparation ● The BoardBook community are driven through a 6 stage process to achieve wisdom. Book shows the "Links" Each "Thing" appears in a list
  • 63. The "ShareholderBook": a Wisdom view of 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 The "ShareholderBook" performs the following functions: ● preparation of shareholder material by executive team and external parties ● distribution of digital information to shareholders ● online discussion of information prior to meetings ● online polls before, during or after meeting ● event management of thousands of people ● Opportunities ○ routine financial information can be discussed prior to meeting ○ physical meeting can be devoted to more important matters
  • 64. 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
  • 66. MANUFACTURING ACCOUNTING MARKETING ENGINEERING CORPORATE STRATEGY SALES OPERATIONS INNOVATION DESIGN SUPPORT FINANCE Management 3.0 Wisdom Network: a cloud of "things" and "books" and people with three types of roles to manage an organisation DIRECTORS (direct process) MANAGERS (review and approve) EXECUTIVES (Execute) WHAT? - HOW? - WHERE? (Management ) - WHY? - WHO?
  • 67. Public and partner collaboration within organisational groups Organisational contribution within Industry, national and international groups Public/ partner Directors Managers Executives INTEGRATION ACROSS GLOBALCOMMUNITIES ManufacturingSalesMarketingSupport National Organisation International Industry SIMPLE,UNIVERSALROLES SOCIAL NETWORKING ACROSS ORGANISATIONAL GROUPS Design Engineering Innovation Finance And more ... Wisdom Network provides Structure & Integration Organisation Structure => Community Integration MANAGEMENT 3.0 = social networking structure + peer to peer linking reveals knowledge + comprehensive content management + links into enterprise software data to add wisdom + People have three purposes within each group + industry collaboration Solve labour shortages virtually There is a significant shortage of skilled labour in the first world (33m people) ... this approach could tap the labour pool in the third world. Management 3.0 solves this problem. If you need some extra people to run your business ● search for them (ie; payroll executive) ● read their profile and references ● check their availability ● check community feedback/ratings ● call them on Skype ● and then add them to your Network for an hour, project, day or full-time
  • 69. Democracy Wisdom delivers greater transparency and, maybe, participation and contribution to the process of decision-making National wealth distribution Ownership of community knowledgeIntellectual Property Borrow to consume InvestmentFinancial International TradeProtectionism Free markets Community Save for the future Investment in Innovation Savings Economic management Free/Open Source Individual International wealth distribution Collective Developed Business Monetarism Developing Private Keynesian Attitude CollaborationOpportunism Democracy is a form of government in which all eligible citizens have an equal say in the decisions that affect their lives. Democracy allows eligible citizens to participate equally—either directly or through elected representatives—in the proposal, development, and creation of laws. It encompasses social, economic and cultural conditions that enable the free and equal practice of political self- determination. - Wikipedia ● Web 1.0 limits participation of citizens to a two party vote every 3- 4 years. ● Democracy 3.0 presents the opportunity for the people to participate in the democracy in real- time.
  • 71. Wisdom Networks deliver 80% of the outcome at <10% of the cost in 6 months ● 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
  • 72. 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“
  • 73. We are starting to reconsider existing information Age approaches to privacy and security to enable some Wisdom networks The patient 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
  • 75. Wisdom Networks - deployed in as little as 90 days and adopted by a community in less than a year Wisdom Network template delivered in 5 days Customised over 90-180 days Marketing 1 2 3 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 Transformation Stakeholders Recruit existing organisations for inspiration and early adopters 5 Integrate Share Link Cloud power
  • 76. Wisdom Networks crowd create a Network Society Contact e: marcus.cake@wisdomnetworks.im Skype: marcuscake LinkedIn: au.linkedin.com/in/marcuscake Focus Human time and attention Wisdom Networks Transparency Accessibility Meritocracy Accessibility Productivity Growth Outcomes Life Network Society Efficiency Technological Singularity
  • 77. 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