Skip to main content

Internet - Insight exponents

When animals began to hunt in groups and live in a herd, collectivism was born. Out of this was born a society which has now evolved to this stage.

One of the glues that bring people together is the common communication tools, enabling cooperation but more importantly allowing themselves to be in touch with all the happenings so that the personal risk is minimum.

But an individual has no incentive to work for a collective if the rewards are not sufficient enough. If the reward is not equal to the contribution of the individual in the group context, they may not be interested. This feels more like Capitalism, eh! But disparity can ultimately ruin the collective leaving individual with no group protection, thereby drastically reducing his ability to contribute. This feels like Communism, eh!

The best way forward is perhaps in taking a middle path where individual is rewarded in propotion to his/her contribution and at the same time disparity is held least and productivity rewards are shared with all the group. That sounds like Internet!

Internet as a social medium is a very important mutation in the collective psychology of humans. There is no going back on this technology, which is for all its wonders is still in its infancy. The true leverage of internet would be in increasing the number of people who can band together, the ease of communication and sharing of knowledge and insights, and feeding the outcomes back in to the system for further developments.

Wikis, blogs, tweets, networking, answers, opensource, chats, fileshares, forums, etc are all just the buds of the new economy. This great leverage, a leverage of knowledge and skill setts in exponential factors, would help in setting new trends in the way people interact with each other and 'killer' skill sets that will set people apart from each other.

Its going to be a wonderful journey into the unknown. But for sure it is going to be an exciting journey. Yup, you can make a few million or perhaps billions on the way.

Comments

Popular posts from this blog

How-to overcome sendentary lifestyle.

Some interesting points on overcoming sedentary lifestyle. There are many other routine ones, just try googling that. 1. Some not so routine tips on avoiding the sedentary lifestyle 2. Walking while talking on phone is a good way to get expressive and burn calories too. 3. Don't use the phone to call someone a short walking distance away. Walk and visit whenever possible. Same for grocery shopping. 4. Catch a different bus that makes you walk a bit more. You can catch a bus from a different stop, a little farther from your regular stop. 5. Pacing the length of the subway platform whenever the train/bus is late. 6. Dance Source: from various places on net

Cognitive rules of business presentations

In his recent book, Clear and to the Point, Kosslyn explained that the four rules of PowerPoint are: The Goldilocks Rule, The Rudolph Rule, The Rule of Four, and the Birds of a Feather Rule. Here's how they work. The Goldilocks Rule refers to presenting the "just right" amount of data. Never include more information than your audience needs in a visual image. As an example, Kosslyn showed two graphs of real estate prices over time. One included ten different numbers, one for each year. The other included two numbers: a peak price, and the current price. For the purposes of a presentation about today's prices relative to peak price, those numbers were the only ones necessary. The Rudolph Rule refers to simple ways you can make information stand out and guide your audience to important details -- the way Rudolph the reindeer's red nose stood out from the other reindeers' and led them. If you're presenting a piece of relevant data in a list, why not mak...

Definition of Cult Stocks

From a blog: A classification describing stocks that have a sizable investor following, despite the fact that the underlying company has somewhat insignificant fundamentals. Typically, investors are initially attracted to the company's potential and accumulate positions in speculation that its potential will be fulfilled, providing the investors with a substantial payout. While most of these cult stocks promise they will be the next big story after they make a new discovery or get the newest contract from the government, most do not provide investors with anything other than the story. Furthermore, these stocks typically generate very little, if any, revenue at all. For example, many micro-cap biotech stocks are cult stocks. While they promise that they are going to be working on a miracle compound or drug, most of them do not have any source of income as they slowly burn away their initial capital in research and development. However, some cult stocks do occasionally make good on...