HOW CAN A KNOWLEDGE WORKER CREATE A IDEA WITHOUT CAPITAL

ML - The way the world works - analyzing how things work - A podcast by David Nishimoto

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One of the main reasons for the rapid growth of the Internet and social networking sites is the fact that they create a culture of sharing and a sharing economy As opposed to traditional economies, in which exchange is based on scarcity, the sharing economy is based on abundance With the Internet, it is easy to share ideas and knowledge, software, designs, music, and videos, and even to find a peer mentor or collaborator When I was in high school, I had to do all my homework by hand Today, you can search for the right software, get the program for free, or even crowdsource the work It is a great way to be resourceful Software is designed to be used and shared In today’s world, real success is determined by how much you give, not how much you own This is the main idea behind the commons, an area of common interest and resources, owned by all of us, but managed by none The commons is a resource that belongs to the public, but because it is not private, it is open for use It is free for everyone to use, but it should be respected It is a common resource that is available to all, and it is our duty to take care of the commons We have to take care of the air, the water, the land, and the oceans, as well as the Internet A commons, however, requires an economy of contribution, not an economy of profit On the Internet, we have to earn our respect and our reputation We have to be generous and helpful to other people, because if we don’t, we will lose our reputation The economy of contribution is based on the idea that we have enough to share For example, if I share my knowledge and give my time, I can create value and income without owning anything The idea that we have to own something to create value and earn respect is outdated I can share my knowledge and get paid for it Another way to create value is to connect people and create networks Through our connections and networks, we can create value for other people The value is not in the connections, but in the connections between connections This is the value of the network To understand the power of the commons and the network, we have to understand the power of the network