Wisdom Networks are part of the Network Society 'Technology Stack' and provide a 'Digital Twin' of physical things in society, and bring the wisdom of crowds to those things. Wisdom Networks enable all-inclusive citizen empowerment and democratisation across every sector. 100 times more addressable data means 10,000 times more patterns (or knowledge) and "a profound change in the economics of the world we live in".
Network Society empowers every person by organising every “thing” in Society in the “Internet of Everything" (IoE) into shared books, just like people already do with their social lives. Everyone can participate and contribute to every “thing”, everywhere, across every sector in society in real-time via their mobile devices. Network Society organises collective knowledge, collective governance and collective action in real-time. Network Society is “The App” that drives economic and social development across sectors and countries. Our sector pages provide comprehensive information including screenshots and community definitions (in IoE terms).
What does wisdom actually look like? Screenshots!
Wisdom Networks organise society's 'things' within networks in the Internet of Everything (IOE) via people and their mobile devices. Please find some screenshot examples below of 'things' and 'books' in sectors. Please note the tabs at the top of the screen allow a person to switch between various sectors. Each sectors contains different 'things', but the underlying method of linking 'things' into 'books' and sharing them remains the same. One method of organising past, present and future means a dramatic reduction in complexity across society and a scalable solution to organise society and the global village at zero marginal cost.
Sector pages and presentations contain further screenshots and workflow diagrams for each sector.
1 consolidated method to exchange 'wisdom'
Each sector is a subset of the Network Society. Within a Network Society, sectors and countries use a common method ( things = books = sectors = countries = global village) to exchange wisdom (data, information, community, collaboration, knowledge wisdom). There are exponential benefits from using a common method of exchanging wisdom across individuals, families, sectors, countries, regions and the global village, rather than fragmenting wisdom and sectors using an Industrial Economy model. Network Society development model enables citizens to actively participate in sector governance and service delivery within the community, rather than citizen non-participation because sector governance and service delivery is isolated in hierarchies outside the community.
NOTE: Society already uses the 'things' into 'books' method to organise their social life. Billions of people have been trained in this method. It just needs to be enabled in other sectors.
- Health Wisdom doctors, nurses and patient crowd creating health (via HealthBook)
- Education Wisdom: teachers, parents and students crowd creating education ( via EducationBook)
- Equity Market Wisdom: companies, advisers and investors crowd creating IPO's, ventures, trade sales and innovation
- Democracy Wisdom: politicians and citizens crowd creating real-time citizen participation and democracy (via PoliticiansBook and Network Democracy
- Government Wisdom: politicians, bureacrats, citizens and industries crowd creating governance and services outcomes
- Governance Wisdom: governance is about directing effort to prioritised, merit based outcomes. Wisdom Networks reveal perfect knowledge and optimise action action.
- Management Wisdom: directors (direct), managers (manage and review) and executives (execute) crowd create management and leadership within an organisation with a 3 role flat management structure
- Regional integration: people across regions can exchange wisdom about any "thing" in any sector
- Global: any person anywhere around the world can participate, contribute or seek humanitarian assistance from any sector in any Network Society
Bottom-up democratisation of society
Democratisation is a shift from using vertical centralised hierarchies (government and corporations) as the primary means to organise society to networks of people. Centralised structures centralise prosperity and power. Both power and prosperity in countries and global institutions are at peak centralisation levels. Distributed structures distribute power and prosperity. Only the replacement (or complementary application) of distributed structures can resolve issues of inequality and power being exercised against community interests. Centralists are unlikely to yield power and/or prosperity even though 'more with less' evolution means they should shrink over time. History shows that change only occurs with crisis, collapse and war. Only citizens mobilised in unison can ensure appropriate application of power, reduce inequality and democratise both economic and political spheres of our society. DiEM25 is one example of emerging social movements to catalyse change. DiEM25 is a Call To Action (CTA) for European citizens to come together to democratise Europe and serves as an example for others to follow..
Network Democracy - real-time citizen participation across government, democracy and industry
Network Democracy is a subset of Network Society. Network Democracy is the combination of Government Wisdom, Governance Wisdom (Industry) and Democracy Wisdom. Network Society comprehensively empowers people across every sector within society. It also empowers people beyond their own activities. People in a Network Society can have a profound impact on global governance with citizen participation around the world. Network Society enables real-time citizen participation and contribution across government, industry, democracy and corporations. Rather than citizen participation with a single vote for a political party or a yes/no question, technology can enable citizens to participate and and contribute daily on individual issues in industry, government, democracy across any organisation, institution or global project.
A comprehensive description is available from the article: Network Democracy: restoring the balance with real-time, comprehensive citizen participation across government, democracy and industry
One network could provide comprehensive citizen participation, governance, transparency, wisdom and access to government and industry. Stage 1 would deliver Government Wisdom with a specific focus on collective governance. Stage 2 could deliver broader citizen participation. Stage 3 could deliver build on collective government wisdom and include the democratic process. Additional stages could include industry governance and other aspects of society.
Regional Wisdom uses wisdom networks (a virtual, not physical structure) to achieve regional integration of markets, product, labour, services, democracy, industry, education, health and other key sectors. Wisdom Networks provide a faster, cheaper way to integrate people, products, markets and sectors across regions or the world. Regional Wisdom enhances the depth, reach and time frame for integration. It moves beyond narrow regulatory and trade integration to providing a comprehensive wisdom (data, information, community, collaboration, knowledge, wisdom) network encompassing markets, products, energy, logistics, people and focus on any or all sectors with specific or all countries.
Unlike Industrial Economy, it reaches the people and companies directly and immediately. It can assemble people and companies impacted by a new agreement quickly and deliver benefits fast. It could enable bilateral agreements, multilateral agreements or the "Global Village'.
Please look at the screenshot as an example. The one screen offers the opportunity to switch between countries (top-right), languages (top-right), sectors (top), books and things (middle) across a region or across the world. Comprehensive information is provided by the European / Regional Wisdom page.
European Network Society
1 country or sector at a time
3 steps to national prosperity
The Network Society organises Productive Knowledge virtually and achieves greater productivity with significantly less resources. The first step is to organise wisdom within country. The second step is to organise wisdom regionally. The third step is to choose a vertical in which the country has a competitive advantage and derive export earnings by organising a global sector.
People can earn income by contributing to local or international wisdom networks across all sectors within countries or around the world. Virtual customers increase demand. Virtual workers increase supply. Network Society facilitates both the export of wisdom (virtual customers) and the import of wisdom (virtual workers and virtual immigration).
Exporting Wisdom (virtual customers) - drive prosperity by organising every "thing" around the world
Virtual customers across every sector drive economic growth faster. Network Soceity captures the participation and contribution of everyone around the world. Virtual customers in international markets drive local demand.
Importing Wisdom (virtual workers) - virtual immigration drives prosperity
A 'more with less' or deflationary environment, means GDP contracts even though society is better off. Prices have simply got lower. However, governments need nominal increases in GDP to boost tax revenue and keep debt serviceable. Immigation boosts nominal GDP in a deflationary environment, but timeframes are long and infrastructure and other costs are expensive. Network Society provides the opportunity for virtual immigration. People around the world can participate in any country's Network Society via sector and country networks. Service professionals across every sector can participate and contribute to any "thing" anywhere around the world. Virtual immigration into a Network Society boosts prosperity immediately without the costs.
Economic development (in pursuit of prosperity) will focus on securing virtual participation and contribution in a Network Society. Economic and social development will be driven by virtual platforms in the future.
Estonia has a population of 1.3m people. Estonia recently implemented an e-residency program aimed at securing 10m virtual immigrants, customers or workers by 2025. In this instance, first mover advantage is an important consideration. Even Estonia could run a global health service, for example, just by running the network that brings virtual customers and virtual workers together in a countrty or sector wisdom network. The majority of participants could reside outside Estonia. If Estonia achieves its objective, it will have a physical population of 1.3m and a virtual population of 11.3m to drive prosperity.
Complexity, GDP and prosperity
Predicting prosperity - The Atlas of Human complexity is most accurate predictor of country prosperity
Productive Knowledge is the pathway to global or country prosperity. It is the best available predictor of any countries prosperity. It is time to rethink Productive Knowledge and break it out of ‘physical’ prison of the Industrial Economy. We can achieve greater prosperity with significantly less resources by using a Network Society development model. A country's ranking in the Atlas of Human Complexity is the most accurate predictor of a country's prosperity. If Productive Knowledge is virtual, that knowledge can drive export revenue for countries in previously imprisoned domestic sectors.
20 minute video introduction
Wisdom Networks accelerate the Shift from Industrial Economy to Network Society. This is analogous of a shift from candles to electricity. Developing countries can jump an economic development stage and go straight to Network Society. This is analogous to jumping the investment in fixed copper telecommunications networks and installing cheaper, faster mobile phone networks.
Our groups pursue wisdom
Our Groups pursue Wisdom (data, information, community, collaboration, knowledge, wisdom). The purpose of our groups is to organise wisdom for each community of common interest - countries, sectors or explore new applications. Wiser groups are separated from irrational ones with 4 key attributes (diversity of opinion, independence, decentralisation, aggregation) and the 8 conjectures capture the 'wisdom of crowds' approach. Our groups will be moderated (people banned and comments removed) where wisdom is not contributed. Groups are not a place for irrationality, they are a place for constructive statements that genuinely explore the potential of a wisdom network in achieving prosperity within a community of common interest. Why you think something is exponentially more valuable than what you you think. Unprofessional, unconstructive or worthless contribution will result in comments removed and members removed from the group.
We aim to provide a safe productive place for all stakeholders in society to develop wisdom about the possibility of a wisdom network in achieving community outcomes. With this in mind, we have established groups in Google+, Facebook and specific country networks. Some are public, some are private with strict rules regarding confidentiality. We can not advance wisdom without groups, but all groups must pursue wisdom. Your participation in groups should be considered an enhanced private conversation in a community with a common interest in achieving wisdom within a specific community. Groups also provide the means to achieve global wisdom in our content (introduction documents, countries and sectors) by harnessing global and local wisdom across the world. Our groups are listed here. Our Google Drive folders are listed here.
NOTE:To be accepted, each member's profile must include a photo and must reveal how they can contribute wisdom to the group.
Our people contribute wisdom in our, or your, groups (not evangelism)
We can also participate in private groups established for specific purposes.Our team would be pleased to participate in groups established by others. Please contact us if you would like one of Our people to participate and contribute in a group established by you. Our people will always focus on the applicability of Wisdom Networks given the unique attributes of a specific community of common interest. We will not evangelise. We aim to contribute and encourage the creation of wisdom. If we don’t contribute ‘wisdom’ to your group, then we would expect our comments and people to be removed as well.
Distribution: We use Google Drive for to distribute documents. We do provide a link to Google Drive folders for various countries and sectors. By clicking on the link, we are sent your request for access to the folder. The email address you use to make the request and the Google+ profile should inform us about you. We are keen to share and collaborate with people with an interest in the sector or country requested. If you do not have a Google+ profile or account, please use contact our people or email us using the contact us button on the left to arrange alternative or anonymous access.
Collaboration:We are keen to collaborate with local people with local knowledge in each country. Google Drive provides a means for collective editing and creation of documents in a single location.
Sectors - Google Drive folder access
Due diligence - Google Drive folder access
Consumer Wisdom ($100 per subscriber) - 1m subscribers create $1.2bn in shareholder value
1m subscribers acquired in 2 years generates annual revenue of $100m yielding $70m in profit and creating more than $700m (Telco P/E of 13) to $1.2b (Internet P/E of 25) in shareholder value. 100k subscribers acquired over 2 years generates 10m in revenue yielding $7m in profit and creating more than $70m (Telco P/E of 13) to $120m (Internet P/E of 25) in shareholder value. This assumes ARPU consumer pricing of $100.
Additional information and explanation is available on our Wisdom Network financial model page.
Industrial Wisdom - ($1,000 per subscriber) - 1m subscribers creates $12bn in shareholder value
High value industries like Equity Market and Health could generate an ARPU of $1,000 per user. These could have a global audience to attract 1m subscribers. Simplistically, 1m subscribers create = $12bn in shareholder value.
Ventures - Google Drive folder access
First Mover Advantage
First Mover Advantage will be critical. The "Third Industrial Revolution" means that a much smaller group of people achieve the same service sector outcomes with only a few countries providing these services for the global community. Any country could develop significant shareholder value, export revenue and prosperity by adding a "Third Industrial Revolution" strategy to their sectors. 30 Telecommunications companies (or one of them) are uniquely positioned to transform the lives of 76.1% of the global population in 2 years. Anyone that could assemble a community with a common interest could deploy a wisdom networks. Celebrities may in fact be the most effective in encouraging adoption and the use of wisdom networks across sectors and countries.
Our service offering: