I’m working on a startup that is creating a low cost method to enhance non profit collaboration through building a valuable entity in the middle that gives them unrestricted income and platform network equity through participation, kind of like warrants to the community). Working with Sphaera.World. Asking @samrose Sam Rose for advice and counsel in a couple of hours.
Digital Content is more valuable when it’s shared, and more valuable than that when it is remixed and localized. That is a trend that will win. The money will be made in services, branding and experiences, along with financial products that work to create long term community wealth.
I predict that will be more true in 20 years than it is now. So I would invest around that trend and encourage other people to look at it and see what how it effects how they use their social and environmental and financial capital when they use a blended value lens.
The market value of digital goods is heading toward zero; because they are more valuable in a shared context. This will be true for all the market players on the edge of the commons, and that will become the most valuable space to inhabit; the high street shop that nurtures the commons and is fed by it.
Smart businesses are realizing, in this space, that feeding the commons is feeding the growth of community wealth in which they can participate. But by using the commons, their ability to extract value is socially constrained, since all are producers and consumers and mashup wizards as the market evolves to extract every once of energy like a healthy rain forest.
That’s where B Corps will be more important as it evolves, which is based on measuring how its members business have positively impacted the environment, their community and their employees over time, with an eye to growing the positive non market value they create together. Value and margin will be created there, in trust and branding and easy ethical customer experience management, collective waste reduction, etc.by using the commons, then nature of their ability to extract value is socially constrained, since all are producers and consumers and mashup wizards as the market evolves to extract every once of energy like a healthy rain forest.
That’s where the money will be; in services and branding and experience and impact management and cultural translation between value creators, rosetta stone products will abound .We are working on one, it’s related to Neighborhood Economics being fundamental a language shop, where translate community investing to churches and community groups as well as cities and regional economic developers and colleges and universities and community colleges and trade schools from Silicon Valley through a long term intergenerational value creation lens on a 12 year time frame.
You can make money on the financial products that will be created to localize the economy within a resilient transition to regeneration frame, over the time span of a first grader reaching graduation at 18 and going out into the world. Those kids will be able to invest in their communities and get that money at 18 and use it to go out into the world for a while, if this works.
But the market value of digital goods is heading toward zero; because they are more valuable in a shared context, for all the market players on the edge of the commons.
This is creating a new dynamic and a new ordering of the importance of innovative place, in whatever system or city or rural town you find yourself. Smart businesses are realizing, in this of local economy, circular economy, collectively owned sharing economy, with collaboration as a means of production, that feeding the commons is feeding the viability of their own businesses and the community they want their children to move back to, to enable more granchild proximity. For boomers, neighborhood economics is a grandchild acquisition strategy.
That’s my interpretation of this announcement. I have a bunch of founding assumptions, like zero marginal cost economy. I see the market unable to extract value in this scenario, but to be a servant of a healthy digital commons. That is a trend I think makes sense; we need collective intelligence to manage the information we need as we build the operating system for transition with resilience into a regenerative economy. That part of the thesis is being born out by this fact, which I think has a larger story.
Forging collaboratives that live best within a shared commons will be the path to highest efficiency in the shared use platforms that arise. This is a path to collective ownership of sharing economy platforms; this collaborative described in the story below, AI open source approach is a piece of information infrastructure that people need to learn to use to build a world where we compete as a community with hard edged venture backed companies like Uber and AirBnB. Astrid Scholz I’d be curious to know your thoughts on this piece of the puzzle: shared, efficient collective intelligence for resilience to regeneration.
Now, the story I’ve been describing.:
Some things in the scenario seem assured; zero marginal cost production, that Jeremy Rifkin describes, with local manufacture are linked trends that will be in ascendance. If the open source movement beats the IP monopoly approach to digital intellectual property, then the market will be greatly reduced as a determinative power, and the sharing commons that Michel Bauwens, David Bollier and Silke Helfrich talk about and work toward as the Commons Strategy Group will be how we organize our response to climate change and the sharing of and acc0unting for resources; we will be in a p2p sharing economy built around the commons.
Sharing economy platforms will be collectively owned, rather than owned by capitalists with an extractive venture capital mindset, an idea which I found implausible when Neal Gorenflo first posited it.
More venture backed businesses will be cooperatives or ESOP’s, and venture will find its place within community economic development along with zero interest Kiva or Community Sourced Capital or other kinds of loans. We will have figured out a way to lend to uncollateralized African American entrepreneurs and sole proprietorships and help them grow that links affluent donors into a way of lending to people who are on the same level as they are; with reciprocity rather than handing something down from a benevolent giver to the needy. Venture investing around financial inclusion will be linked with community development through the Neighborhood Economics Network or its successor or peers and partners.
Community focused housing ownership and financing will have progressed into a viable option. Community wealth and well being will be easy to measure and to invest in for the long term; with bonds and pay for performance tools matured to the point that they can reverse engineer systems focused on remediation into ones that create healthy and wealthy communities.
To get any of that done, we will have to reverse the dynamic of progressive wealth disparity and create new incentives. This will involve policy, and some cities may get on board earlier than others. I find it impossible to project the future of the national government of the United States into this scenario in any reasonable fashion. That’s one reason I am glad we are focusing on a Norway outward strategy for this project.
These are just early, initial stabs at this concept. Other blog posts will carry it further. We will find ways to engage with people who want to help with this online if there is demand and people to do this.
I am working on my version of what the world will be like in 20 years; what things will most likely be true, (zero marginal cost production, the market smaller, the commons bigger,)and two things that I hope are true, (we solve wealth disparity and we are collaborating to respond to climate change with a regenerative economy mindset) for the Kontact conference in OIslo that Tharald Nustad thought up with Bert-Ola Bergstrand.
I’ll post it as an evolving blog post here but this could migrate to Neighborhood Economics. We only have a Karl instance (an online collaborative software platform that keeps you from getting lost in emails and google docs; really lightweight) for the group at this point and so I’m starting the dialogue. This could also go on the collective intelligence.net site, which I could make a switchboard between the 20 year view of Kontact and the here and now working on wealth creation in marginalized neighborhoods work of Neighborhood Economics. The two perspectives and projects should inform each other, as well as my work as an advisor of the promising Git hub for transition called Sphaera. This blog is where I’ve put ideas that don’t have a home, as they move on their way to either becoming real and something that makes money and is potentially investable, or non profit work that proceeds to a public good project. Neighborhood Economics is at an inflection point where it could go both ways well.
Webinars by Bert-Ola Bergstrand will be a key part of our discovery process as we map out the issues for Kontact. We want to use Jeremiah Owyang‘s honeycomb and will follow creative commons guidelines for attribution. We will strive for gender balance in our core group and for racial and other diversity in the design of what we do. That is as far as I can speak for the group. The next post will deal with the elements of the world in 20 years, which was Tharald’s idea and that I’ve found really intriguing.
Kontact is part of an emerging initiative to make Norway, with its brand elements of peace, green, and trust, a global hub for impact investing that is free of and beyond its allegiance to Wall Street. Investing to tackle issues like immigration, climate change, and to create the world we want 20 years from now; the time it takes an infant to grow up and leave home.
David McConvile and I are using some explicit wording for what he and I are separately working on, using a similar approach in two different venues. The approach was described in the previous blog post here. We are both place-sourcing using pattern recognition to create regenerative communities across a network. We’re using this meaning of regenerative design. He is working in Montreal and Paris with a group of interdisciplinary scientists and artists. At neighborhood economics we are working with a network of small towns and cities that are on the path to being regenerative places; places the kids want to move back to and bring the grandkids.
Place sourcing, means using an approach of looking at local assets and needs in order to devise, working with the people who live there, (pattern recognition) a culturally literate solution that uses Neighborhood Economics suite of local funding tools to increase the flow of capital into neighborhoods. That means more local business starts, an increase in affordable housing and hiring inclusion and healthier watersheds in their bioregion.
What do we mean by regenerative? One simple answer is that is the next step beyond sustainable and a path to a higher future than simple resilience, which is about the essential task of reacting and coming back to a positive equilibrium after a shock like a climate change influenced flood or tsunami or earthquake or war or terrorism. John Fullerton has written well about it, and this article summarizes his sometimes complicated approach well. Fullerton’s Capital Institute has a white paper on regenerative capitalism here. A video on the road to Regenerative Capitalism is here.
Ps, David’s and Fullerton’s vocabulary and framing of concepts around regeneration was actually created by Bill Reed and it is work that took a long time,and from which my Reinventure Capital partner Shaun Paul also borrows and follows.
I am starting to work on the kids-led riparian justice #biodiversity bond. It’s the centerpiece, the long term, intergenerational bet that is the centerpiece of the Neighborhood Economics funding kit. I am working on with Nancy White, Christine Egger, Sam Rose and others in cities and small towns across the network. It requires an agriculture or nature based cooperative that throws off reliable, regular dividends to generate the long term reliable fuel to make it work, I think. I’ve called a serious bond guy to work out some concepts and guidelines. I’ve never built a bond. This story is soft and needs a walk around the ecosystem to flesh out if it is to become real.
If it works, this will be a globally distributed, locally situated build; build the node of the bond in your economic bioregion based on your own assets and culture. I like the initial concept. It’s a rollout that will be done by lots of conversations and listening and requires multicultural literacy in order to succeed. It is the center piece on the tarot board for as Charles Williams would have put it in the Neighborhood Economics Funding Kit. It is likely to be the only piece we will build ourselves. It’s the piece that comes out of a donor advised fund that can think with a 12 year time horizon.
David McConville helped me work out how to describe my approach. It’s place-sourcing pattern recognition to buiod regenerative communities across a network.
The Uganda map uganda more than a decade ago we tried to do what this case study 9 does https://netmap.wordpress.com/case-studies/
Working with jeff sachs and the Earth institute. We had $40m of funding from the Global Fund for Aids and Malaria to hold up if the malaria nets went to his supporters in the gray market vs. where they were needed. I did this map with Gary Bolles and Mark Beam to illustrate it. Musveni’s people said no, with expletives’ there’s more aid money that has no strings, so they laughed at our stick. .