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A 2-post collection

A Knowledge Economy Needs a Digital Currency

Whilst we have been ripping off music and cheering as software and news became free, the work we were doing every day increasingly relies upon respect for and valuing of intellectual property. But as free software, music and news have undermined the value of intellectual property we have undermined the very basis for our emerging knowledge economy. When the advertising revenue streams for our major newspapers are taken by Google because they can freely place their ads alongside any newspaper content then who will be paying the salary of the investigative journalist working on the next Watergate break in? It is not the sensational story that is important it is the constant enquiry into the power and politics of every...

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Altruism in the Digital Age The distinguishing feature of the digital age is the connection of people and things driven by the ubiquitous nature of the Internet. The Internet is connecting billions of people and trillions of devices so that everything is connected with everything else and that will change how people relate and their relationships. Our Increasing Dependence on Others The changes brought about by the digital economy will increase our dependency on others. The fall of Lehman Brothers caused financial pain out the back of Bourke. Drought in one food bowl now causes food riots on the other side of the world.  The essence of power will change as networks become more important than individual people, companies or...