Wisdom Networks' Marcus Cake

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Let's crowd create Australia 3.0 with a National Wisdom Network (NWN) in 2 years WISDOM NETWORKS crowd creates distributed prosperity INFORMATION AGE ends with centralised stagnation PROGRESS Please share! Current version at http://is.gd/wnau30 @marcuscake WisdomNetworks.im CC BY-NC-SA 3.0

description

CommsDay Wholesale + Data Centre Summit 2013

Transcript of Wisdom Networks' Marcus Cake

Page 1: Wisdom Networks' Marcus Cake

Let's crowd create Australia 3.0 with a

National Wisdom Network (NWN) in 2 years

WISDOM NETWORKS crowd creates distributed prosperity

INFORMATION AGE

ends with

centralised stagnation

PROGRESS

Please share! Current version at http://is.gd/wnau30

@marcuscake WisdomNetworks.im CC BY-NC-SA 3.0

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Take aways from this presentation

1. Australia is in a trapped transition between "centralised stagnation" and distributed

prosperity" ... the National Wisdom Network (NWN) crowd creates "distributed prosperity“

2. Prosperity can only be created by restructuring human time and attention to lift productive

work time from 28% to 50-75%

3. We can crowd create Australia 3.0 in 2 years by coming "Over the Top" (OTT)

and linking every "thing" in books ... just like Facebook did for social

4. Telecommunications companies could deliver Australia 3.0 ...

5. Data centres will derive earn high value, high margin revenue ... by hosting wisdom

networks for organisations, industry and government

6. $500k and 6 months to launch ... 1m "books" or customers = revenue of 100m = profit of

60m-80m = shareholder value 700m+ in 2 years

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Let's create $700m in shareholder value

in 2 years with a $500k

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Let's crowd create Australia 3.0 ... launch in 90-180 days ...

transition to "distributed prosperity" in 2 years

Download Wisdom

Network template

from the internet

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

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National Wisdom Network (NWN) guides people through "things",

"books" and process to outcomes across communities

Multiple communities in

one web application • Individual

• Organisation

• Health

• Education

• Equity market, Innovation

• Governance

• Government

• Economic development

• National, Global

Example: "things"

and "books" in the

health community

Multi-language

Better outcomes • accessibility

• transparency

• efficiency

• productivity

• meritocracy

• growth

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Wisdom Network Financial Model - Customer Activity

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National Wisdom Network Financial Model - Financial forecast (half-years)

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Shareholder value created in 2 years of 700M+ (P/E=13 for telcos)

1m customers = revenue of 100m = profit of 60m-80m = shareholder value 700m+

5m customers = 3.5B

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What does the National Wisdom Network look like?

How does it work? Impacts on industry? Threats?

Opportunities?

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Network Society is emerging by default and

destroying shareholder value over time (25%

over the next five years) ...

Wisdom Networks enable the Network Society

design immediately

Wisdom Networks are a comprehensive, person to person communication

replacing fragmented and opaque information technology

1980 2020 2000 2010

SMS

Directories

Mobile

(Voice)

Profiles (social and industry)

Wisdom Book

for everyone,

everywhere

0%

90%

Network Society (2-5 years)

Project/ task

management

Knowledge

management

Collaboration tools

Event

management

Profiles

(political)

Voice over internet

Instant \

messaging

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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

Wisdom Networks bring "books" to everything else in 2-5 years

Only 30 networks required to achieve distributed prosperity?

Hierarchy

(individuals pushes/pulls "things"

and creates knowledge)

Shared Digital Books (collective knowledge and action)

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Wisdom Books are how people share knowledge and focus wisdom in a Network Society

Wisdom Books are a comprehensive and efficient means of person to person communication

PatientBook My health record DoctorBook

Doctor writes me a prescription 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

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

Real-time knowledge,

action and wisdom about

every "thing" and every

book

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

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Information Age limits contribution to those working in

hierarchies (organisations, industries and countries) ...

Wisdom Networks enable contribution to any "thing", anywhere, anytime

PEOPLE

PR

OD

UC

TIV

E W

OR

K T

IME

65% Workforce

28%

SERVICES

POTENTIAL GAIN

FROM SERVICES

SECTOR

(restructuring

human time and

attention)

100%

NON

SERVICES

POTENTIAL

GAIN FROM

NON

SERVICES?

Non-workforce

WHAT CAN THE CROWD BE

MOBILISED TO DO?

POTENTIAL GAIN FROM

NON WORFORCE?

75%

PRODUCTIVE OUTPUT OF SOCIETY

Global

community

can also

contribute

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Information

technology

Wisdom

Networks

Hierarchy

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

We are trapped in

transition ...

We can choose to

progress to the

next stage!

@marcuscake WisdomNetworks.im

CC BY-NC-SA 3.0

Information Age ends with centralised stagnation

Open

platforms Proprietary

solutions

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Where is Australia?

Australian is in a "trapped transition" but has "room to manoeuvre"

2003/0

4

Source: Australian Bureau of Statistics

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)

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Books provide people with knowledge about "Things” and tools to organise outcomes

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Books provide people with knowledge about "Things” and tools to organise outcomes

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Insurer

"things" are created, tagged and linked in a minute and appear in "books" instantly ...

community has real-time knowledge, action and wisdom!

health example below ... others include education, management, equity market governance ... everywhere!

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

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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

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

RED arrow for popup

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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

MemberMeetingAll

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

MemberBookAll

shareholder "things"

Company

Secretary

Manager

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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)Consu

mers 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

RegisterBookStatutory

registers, contracts and

governance "things"

FREE(directory

model of pricing ... consumer

free, business pays to interact

with consumer)

IndividualBookProfil

e, diary

Student(Book)Consum

ers organises education

"things"

Teacher(Book)"Things"

include profile, availability,

courses, ratings, assignments,

exams, timetable

School(Book)Educ

ation "things"

University(Book)Educ

ation "things"

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Why?

We are in a "Trapped transition" between

"Centralised stagnation" and "Distributed

prosperity"

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Only restructuring human time and attention with wisdom networks will provide

a radical jump in productivity, growth and wealth to sustain society

Information

technology

Countries Hierarchy

WE NEED TO MOVE FROM THE

INFORMATION AGE - IT'S EXHAUSTED

CENTRALISED STAGNATION Declining or negative productivity and stagnant growth

has reduced society to wealth transfers and a zero sum

game

WISDOM Only restructuring human time and attention can

deliver a radical jump in productivity and growth to

improve outcomes

COLLAPSE Further investment in the status quo will not improve productivity,

growth

or our capability to resolve future problems

Wisdom

Books

Wisdom

Networks Network

Society

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Wisdom Networks could double, triple or quadruple productivity of every employee by

restructuring human time and attention...

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

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AUSTRALIAN WISDOM

Contact

e: [email protected]

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

Society2