Categories
Networking Social media

The Quickest Way to a Better Career

You have the option to listen to this post:

[audio:https://kontrary.com/wp-content/uploads/2012/04/shortcuts.mp3|titles=The Quickest Way to a Better Career]

I hate meeting people. I would prefer to be holed up in my apartment, lovingly arranged to every last detail purely to make me comfortable, than to present myself to the world. It’s not that I actually dislike people, but the whole process. The getting ready, the logistics, scheduling a time, finding a place – nevermind if you can’t meet me in my preferred five block radius. If it’s raining outside, I will cancel. If I have a blemish on my face, I will cancel. If you want to meet for no reason, I will cancel.

Meeting people is like writing is like exercise. All take convincing. You have to talk yourself into it, hype yourself up. Then things go fine. Great even. Sometimes amazing.

Last week, I was in New York for a media tour. That’s where you pack twelve meetings in two days and meet with anyone – editors, reporters, interns – who will listen. And oh, holy crap, how I loved it.

Sure, we could have saved a couple thousand in expenses, and done the same thing over email, or the phone, over web-ex or even text. But the power of face-to-face, to see these people in person, to meet and speak… to have a conversation.  Well, if I could do media tours full-time, I would (except, with my own bed at night).

Technology is supposed to make it easier for us to connect, but it actually makes it worse to have a conversation. That’s the argument of Sherry Turkle, a psychologist and professor at M.I.T. and author, most recently, of Alone Together: Why We Expect More From Technology and Less From Each Other.

“We are tempted to think that our little ‘sips’ of online connection add up to a big gulp of real conversation. But they don’t,” Turkle argues. “Human relationships are rich; they’re messy and demanding. We have learned the habit of cleaning them up with technology. And the move from conversation to connection is part of this. But it’s a process in which we shortchange ourselves. Worse, it seems that over time we stop caring, we forget that there is a difference.”

Nowhere is this more important than if you’re trying to do something. Build a company. Launch your career. Get a raise. Do anything but settle. Meeting people is the quickest way to success.  I used to say when you put yourself out there, the universe rises to meet you, but really it’s your network.

So if meeting people is like fruit, technology is like candy. And the longer we stay in front of our computers, the more sluggish we feel. The anxiety kicks in. So do the excuses. Then it’s just easier to stay home, send an email, and do absolutely nothing.

We convince ourselves that working works. But it doesn’t. So get up. Talk to someone. Have a conversation. Tell me how it goes. Tell me how things start happening for you. It is single-handedly the best thing you can do for your career, company, life.

(Technology gives us shortcuts. This isn’t one of them.)

Categories
Blogging Innovation Social media

Work is Irrelevant

Work, that of pursuing a specific passion or purpose, has become irrelevant. As technology increasingly gains momentum, we’ve moved from the age of work/life blur to the age of tech/life blur.

For instance, if you’re a writer, it’s not the content that matters (the work itself), but how the content is consumed and packaged. “We are on the brink of accessing digital content through what they call the ‘splinternet,’” argues Columbia Business School professor Rita McGrath. “Devices, hardware, software, applications and content, rather than being offered interoperably in a wide-open World Wide Web are increasingly going to be stacked up in proprietary ecosystems in which denizens can talk only to each other.”

So iPad apps like Flipboard, Zite and others like it are becoming the norm and offer “a much more natural way to consume content on a tablet, and the aggregation they provide is like having a customized newspaper available at any time,” argues Matthew Ingram on GigaOm. “The aggregation, personalization and customization that such apps allow is the future of content consumption.”

The introduction of the tablet has changed the reading experience such that it is now acceptable to charge for content. This is really the way the New York Times metered subscription is set up. When you pay for a New York Times subscription, you’re not really paying for content (the work), but paying to read it on your computer screen, your tablet, your Kindle, and your mobile app. You’re paying to read it how you want to on the splinternet. You’re not paying for the work, but the technology to consume it.

In the age of newspapers, we did charge for information, but now we charge for the customizability of how that information is delivered. It’s the media company’s job to design the experience of their digital offerings, not just create the content and they can’t keep up. So now, even though newspapers didn’t invent the printing press (the rapidity of typographical text production led to newspapers), they’re being pressured to invent the next revolution.

In reality, what will happen is just how the Internet created blogs (and what many are now calling a sub-optimal reading experience), tech start-ups will continue to invent new ways to consume information, and as a result, new companies and creators will come along with new types of content in response.

This is all happening at such a rapid pace (and in all industries, not just media which I’ve only used as an example), that we’re much more concerned with the rhythm and output of innovation than we are of the work itself.

We know most content on the web is crap. We know there’s nothing really amazing or revolutionary about what we consume on our iPhones. The most popular activity is Scrabble. I like to look and see where people are on Foursquare. You might check on the weather. On Google, I rarely find what I’m actually looking for, but I will receive twenty-four million results for trying. The tech/life blur says nevermind the banality of what you consume on technology, just be subservient to the fact that it exists.

That is why there is such a ginormous focus on work fulfillment when we have never cared about such a notion before. We want to work towards something bigger than ourselves, but technology is already bigger than ourselves, and so there’s a certain confusion, an aimlessness and a fractionation of our work. That which tells us that if you’re a writer, you’re no longer a writer. You’re a blogger, and an amateur coder, you can sell, you’re a marketer, you know PR, software and a bit of graphic design, you’re an accountant and you’re a publisher. Your side projects feed into your day job. And all of your jobs feed through the Internet. This is what it means to live on the Internet, consumed by the processes instead of the action.

Work is empty. Technology fills us. It’s not what we do, but how we do it. Of course that can only last so long before the focus on how we do something obliterates all meaning of what we’re doing.

Categories
Women

Women in Tech Need to Stop Segregating Themselves

   I don’t particularly like writing about women and tech. It’s uncomfortable. And it makes me uncomfortable. It means sometimes critiquing people that have been nice to me. It also means critiquing an industry that people like. It’s companies like Facebook, after all, not BP.

It also means that because I know and have experienced exactly how the tech industry is covert – and not in a Chuck Bartowski kind of way – that I should somehow know how to navigate the mines. That I should somehow be farther ahead than I am. But I don’t. And I’m not.

I don’t think it’s just me. It’s other women too. They feel uncomfortable. The simple act of writing about women in tech means I’m asking them to define their relationship with tech as more than their roles in PR, human resources, marketing and community management. It’s insinuating that those roles aren’t good enough. That women need to code. That they need to be the founders and visionaries and C-level execs. There is a sense that women don’t want these roles, but really, there is not even an inch – not even a centimeter! – of a clear path to get there.

So, women in tech are stuck on a career roundabout when men logically take the next exits to code, found, and invest. Pseudo-equality exists, but only to satiate the cries for respect and inclusion, not to actually address or eliminate sexism. For instance, the typical response to the lack of women in tech is to form pockets of women, which just adds more turbulence to the discussion: tech blogs publish posts from women about a woman’s role in tech; a tech meet-up features presentations from female-only founders; women form mailing lists for other women to discuss the problem of more women in tech.

In reality, guest posts from women on tech blogs need to be about topics other than themselves. When women are invited to blog on Tech Crunch, they write about women. They don’t write about tech. Last time I checked, however, our knowledge extends far beyond that of ourselves. And, just because a woman is speaking doesn’t mean she speaks for me. I don’t particularly like talking about shoes and I certainly don’t believe that because women love to shop that we control the Internet. And yet, that’s the message so far, twice-over this year, when women take the pen on Tech Crunch.

Without a voice in these places and without access to leadership in others, it seems women are keen to start women-only groups and mailing lists to promote new leadership and get ourselves heard. But while that’s an easy route, it’s not the most effective. Particularly because existing leaders and power-brokers will never attend your meetups and will never join your conversations. We all just end up talking to people like ourselves.

Too many women-only groups exist now to stop them, but really, I don’t disagree with them in theory, just in execution. So here’s a simple solution now: co-plan and co-sponsor your next event. Bring both audiences and decisions-makers together. Invite a man to your Google Group in exchange for a seat at his CEO breakfast. Separate interests are well and good, but not when you silo dialogue and interaction.

And that’s doubly and triply true at tech events. The segregation of women and men on stage needs to stop. So, if you organize an event an like the DC Tech Meetup and you get complaints about the persistence of your all-male panels, your response should not be to create an all-female panel.

There are no make-up tests for equality. You can’t just show up with all the available women in one room and expect a gold star. It is far less important to see all the women in tech at once than it is to see all the women in tech as speakers over time consistently and often. There are a minority of women in tech (for reasons we’ve talked so far about here and here), but that doesn’t beget special gloves. Such an event is unavoidably condescending, and it also means you won’t have any women for your next event; the cycle of men on stage continues.

(Case in point, of the seventeen speakers and panelists scheduled at yesterday’s DC Tech Meetup, the event following their all-female panel, only one was a woman. That’s not good enough.)

I don’t think that the majority of men, or women for that matter, are intentionally holding women back and fencing them out of the tech industry. But no one is being particularly smart about the issue either. It seems everyone is throwing spaghetti on the cupboard to see what sticks. But we can do better. This is start-up land, after all. We know how to test and evaluate, to solve problems and find solutions. And we already know, the only way to have enough people working on the big problems, is to solve this little one.

Categories
The Internets

Being Always On, Always Right and the Case for Anonymity

There are a lot of reasons I stopped writing my last blog. Primarily though, it was because the Internet takes a lot out of you. It expects to be able to dissect everything. The Internet wants to pull you apart. Everything should be accessible and out there for all. In the Interneted world, you have to be always on.

I don’t particularly want to be always on. For starters, I am incredibly moody. Most people on the Internet seem like happy people or are on their way to being happy.

I am not happy. At least not today. Try again tomorrow?

Still, I soldiered on with my last blog until it petered to its end and took the last bits of me. And then after some distance and perspective, I started this new blog. I started showing up on Twitter. I logged onto Facebook more. But it’s even harder to be on the Internet than I remembered.

It’s exhausting. There hasn’t been a day when I didn’t crave the freedom of anonymity, if only to escape for a moment the pressure to be always right and available.

Not that I even hold anything back. I am not someone different in person. (Although how would you know, right? Or do you trust the identity I’ve put on the web?) What I write is what I experience. Perhaps a temper tantrum or two doesn’t make it in to a post, but well, now you know.

Point being, if I were anonymous, I would write the same things. But I think it would be easier.

There are a great many people, however, that cannot or do not express their opinions and thoughts and ideas so easily. Those people are forced into the category of degenerates on the web: trolls.

Many believe the trolls’ online anonymity “is a treatment of a symptom rather than a cure for the disease. The disease is a total lack of tolerance for the differing views of others in our society. The symptoms of our disease are things like racism, ostracization, unjust reprisal, stigmatization and persecution. [Anonymity] does nothing to address the root causes of these maladies.  On the contrary, it gives people carte blanch to revel, indeed to roll around gleefully, in them. [Anonymity] allow people to be their worst selves, to perpetuate the cycle of hate, fear, and cowardice that has gripped western societies, without the need to face the consequences of their words and actions.”

That comment is fairly reflective of the values of the open web. Radical transparency is linked to the promise of a “more tolerant, peaceful and profitable digital world.” Besides, would trolls ever say the things they do if their real identities were attached to their comments? Probably not, goes the usual argument.

Online authenticity and transparency forces you to live a certain kind of life. First of all, it forces you to live at least part of your life online. For anyone on Facebook, it’s a large part. Add anytime that you log in with your real identity to buy a product on Amazon, or use Twitter, or blog, or sell something on Etsy and it’s an increasingly large part until you don’t have a distinction between public and private identity.

Not only does such transparency force you to live your life online in order to complete basic tasks on the Internet, but it also forces documentation, so you have to live a certain kind of life that can be documented. You have to be right. And good. Online, all the time.

Sure, this allows you to Google yourself and the guy you met at the bar Saturday night, but it also allows you to make judgements based on that data trail. At its best, when we follow our friends’ profiles around the Internet, it is little more than novelty and entertainment. At its worst, employers and potential lovers decide our fate in just a few clicks.

Either way, it’s not hugely beneficial to you.

Companies, on the other hand, retain a large benefit from your identity. They are the ones that want to collect your real identity so they can use that data to their advantage. Facebook’s crowning virtue is authenticity and it seeks to control the web by poo-pooing anonymity at all costs. Now Facebook, Google, Yahoo, Twitter, and everyone else who wants you to login with their account follows you everywhere on the web and collects every bit of data it can about you.  Mark Zuckerburg famously once told an interviewer that “having two identities for yourself is an example of a lack of integrity.” How very virtuous… and profitable.

What’s real authenticity anyway? Is there room for you to change your mind on the Internet? One anonymous commenter argues, “Having to log in or authenticate myself makes me less likely to leave a comment. Having to identify the comment back to myself in a traceable way makes it less likely as well. My mood or sentiment about a topic might change, but that post will be written in stone.”

4chan, a site where “roughly 90 percent of all messages on 4chan are posted under the site’s default identity, ‘Anonymous,’” is generally known as the scurds of the web. But “those messages are not only anonymous but ephemeral, because 4chan has no long-term archives: old message threads are automatically deleted when new ones need the room. This mechanism was originally meant to save storage costs, but as [its founder Chris Poole] notes, ‘it’s both practical and philosophical.’ Among other things, it challenges the idea that digital identity should follow you across time, linking what you say when you’re a teenager to the middle-aged business owner you might become.”

Novel, that. People actually change and grow? Say it ain’t so, Internet! Anonymity allows people a place on the Internet to be wrong, Poole says. That’s important because while trolls may not say their real opinions to you in person, they’re still thinking it. And when we take away the place to test those ideas, we take away any chance of tolerance for differing views.

So do you prefer to live in a world where people don’t speak their minds at any cost? Or do you want to allow anonymity? One is decidedly more virtuous.

Categories
Women

Women Struggle With New Literacy: Programming Your Life

The web makes it easier than ever to test and execute on your ideas, at least for those who know how to code: Mark, Aaron, Ev and Biz – you know, the ones running the show. These guys along with other young lads are defining, controlling and programming your life.

“Only an elite gains the ability to fully exploit the new medium on offer,” writes Douglas Rushkoff in Program or Be Programmed. “The rest learn to be satisfied with gaining the ability offered by the last new medium. The people hear while the rabbis read; the people read while those with access to the printing press write; today we write, while our techno-elite programs. As a result, most of society remains one full dimensional leap of awareness and capability behind the few who manage to monopolize access to the real power of any media age.”

Young white males are still in charge just as they have always been. If you want real equality, everyone needs to build the revolution. Women need to learn how to code.

“Female users are the unsung heroines behind the most engaging, fastest growing, and most valuable consumer internet and e-commerce companies.  Especially when it comes to social and shopping, women rule the Internet,” argues Aileen Lee on Tech Crunch. She goes on to reveal that 77% of Groupon’s customers are female and that women oversee over 80% of consumer spending, or about $5 trillion dollars annually.

All well and good, but women do not rule the Internet. We are not deciding how these experiences are being developed, built or regulated. We are not deciding how products are displayed, inventoried, or marketed. We are not creating the user interfaces or user experience.

While more than 50% of the US population are female, 92% of founders are male and 87% of founding teams are all-male, report several studies. Not to mention computer science is one of the last disciplines where there is a gender imbalance in the US: about 80% male, 20% female.

Arguing that women control the Internet because we love to shop only panders to and reinforces the social construct that will truly bring equality: being part of the revolution as it happens.

No longer is it enough to know how to put together a slide deck or write and publish a blog post. Instead of learning how to build the software, we learn how to use the software. And when you use programs that are made for us without understanding how they work, you allow the technology to teach you. But you can teach the technology. Programming decides the limitations, the possibilities. It’s all within the variables and commands behind the curtain.

Maybe you don’t mind all this. If you want to be directed by technology and those who have mastered it, that’s fine. But don’t expect any semblance of equality any time soon. If you want to direct technology however, if you want to be at the forefront of this revolution and define what life will look like, you need to code.

“Gender imbalance materially impacts innovation,” VC Brad Feld told me in a recent interview. “Over the next twenty years, the only way we’ll have enough software engineers working on hard problems is to get more women involved. In addition, I believe that mixed gender teams are more effective at driving innovation and, especially when you consider many of the products being created impact our every day lives, it’s clearly a major inhibitor not to have women involved in the creation of these products.”

No kidding. Why is innovation, that which influences everything else, still ruled by young white males? If the new literacy is programming, women are just as behind as ever. “We lose sight of the fact that the programming—the code itself—is the place from which the most significant innovations emerge,” argues Rushkoff.

Feminism has run stagnant with modern young women, but I have its rallying cry for the new century: program your life. Don’t let others do it for you. Women will not find equality by giving themselves credit or solving workplace flexibility. Even when we do everything right, we still fail women. But today, the web allows such low barriers to entry that anyone can control our future. Let’s hope anyone includes more than a few women.

Categories
Q & A

Good Deeds (Part 2)

In Part 2 of our interview, the former CEO/activist of Seventh Generation talks about how he would launch a company today, the tensions of scale, and what motivates him the most.

After leaving Seventh Generation, the company he founded and ran for twenty years, Jeffrey Hollender didn’t stop in his fight for corporate responsibility, sustainability and social equity. In Part 1 of the interview, Hollender spoke on today’s labor movement, changing the rules of business and politics, and the biggest failure at his old company. Jumping in where we left off –

So, let’s talk about large companies again – is scale ever a sustainable business model? You’ve pointed a lot to small and medium-sized companies that can’t compete. Is there a situation or model where scale can occur, but can still be meaningful and contribute positively to our society?

I don’t want to say that big is always bad, because there are many good things that large companies can do that no one else can do. Walmart, for example. If Walmart decides to eliminate a chemical from  products they sell in their stores, they can force that chemical out of commerce much more quickly and much more effectively than the government can.

So we’re in a position of tension. On the one hand, harnessing the power of large companies to do things that even the government can’t do. Yet at the same time, Walmart is a company that cost the state of California hundreds of millions of dollars because they don’t provide a broad health care coverage for their employees and thus, they go into the emergency room  and the state of California calculated that that costs hundreds of millions of dollars.

When you have a dynamic that is set up where the only things that matters and the only things that get measured is the maximization of profits, you have a conflict between what’s best for society and what’s best for investors.

And the notion that the marketplace will take care of it all is a complete fallacy because there is no free market. There never was a free market. And we have a market that is designed to do certain things, to benefit certain companies and certain products and certain services. We need to change the way that system of benefits works so that it more broadly serves society and doesn’t only serve a handful a companies.

That plays in well to the next topic I wanted to address. The Internet allows us to have more currencies than simply money – there’s reputation, authority, data, etc. that allow us to exchange value in a way we don’t in the non-interneted world. I’m curious, do you think technology can change how our current system of benefits works?

We already have many, if not most, of the solutions we need to get the world headed in the right direction. It’s not that we don’t have the technology to produce clean energy. It’s that we have a system of subsidies and incentives that subsidize and incentivize the wrong kind of energy production.

While I see technology playing a role in solving many of the most difficult and challenging problems we face, I don’t think at the moment we have to wait for technology. I think we to again stop incentivizing and supporting the wrong technology and support the right technology.

I think the peer-to-peer economy is one important piece of the economic transition we need to make. But there are other important pieces as well. I think that we have to transition to an economy where we don’t have employees, where we have worker-owners. We live in an economy where most of the wealth of that is created by business ends up in the hands of very few people. We have a more unequal society than Egypt or Tunisia. That’s a dangerous situation from a social perspective and to my mind, one of the biggest and quickest ways we can address that is to transition and create businesses where ownership in those businesses is more widely held, so as value is generated, we lift all the people who are working, rather than few people at the top of the corporation or the outside capital that comes in to finance the business.

I am interested in legacy lately. Do you want to leave a legacy? If so, what do you want your legacy to be?

I honestly have never– I’m not entirely sure what legacy is about. I think a little bit more about responsibility and I feel that I have a responsibly to make a contribution to society and to the world that may leave a legacy but that legacy doesn’t particularly motivate me. I’m more motivated by seeing someone smile and the feedback one can get by doing good deeds, than how those deeds will be viewed after I’m gone.

At my full-time job, I work for Alice.com, a start-up that allows CPG manufacturers to sell directly to the consumer. As a result, I’m interested in the rise of private label and the fact that retailers hold all the data. Is there enough shelf space for the really cool innovative products? Or will that become an issue?

Well, I mean today, there is already not enough shelf space. We live in a world where shelf space is largely controlled by large companies, and I’ve found it increasingly difficult for small innovative brands to get shelf space. And I think that the solution is the internet. If I was launching a business today, I might entirely skip trying to get it on the shelves of stores and go directly to consumers online. The store has a limited number of square feet in which they can sell stuff, and by the very nature of that limited space, there is going to be limited variety.

You know when you talk about technology… we want to balance, on the one hand, and support our local retailers because they’re anchors in our community; they create jobs and yet there are many things that we won’t be able to get from our local retailers that we can access online.

I’m glad you brought up the tension between local retailers and the Internet. I think we need to wrap this up. Is there a question I should have asked, but didn’t? Or that you wish others would ask? This is your chance to get whatever you want to say out there.

Yeah, I’ll give you one or two concluding thoughts. One of the things that concerns me deeply is the fragmentation and compartmentalization of the world. We have lost the ability in many cases to see the connection between things as we become increasingly focused and increasingly specialized. As we become so focused, we lose sight of the unintended consequences of many of the things we may do or many of the things that we may support. And I think there’s a greater need today than there ever has been for us to look at the whole system. And to look at the impacts of what that system produces and the way we’ve designed that system. Albeit, that is a way of thinking that few of us have been taught to do.

The other side of that coin is that when we look at the landscape of organizations, particularly NGOs that are trying to solve problems that the world faces, we have millions of organizations that seem largely incapable of working together and do a better job of competing amongst themselves and a new sense of cooperation is absolutely critical to address the problems we’re facing.

We can’t think of something like global warming as an environmental problem. Global warming is as much an economic problem and a health problem as it is an environmental problem. And when we look at it through a single lens, we won’t understand and we won’t develop strategies to change it in a lasting fashion.

Categories
Economies

Browsing Toward a New Currency

Air on MacBookPhoto: kayakleader

This is a continuation of How the iPad is (Thankfully) Destroying Our Economy.

Historically, money wasn’t necessary. Within a community, barn raisings, shared child care, and borrowing tools all occured as part of the gift economy. You used trust, reputation, and identity as your currency and money was only used between communities that didn’t know each other.

(Money is a type of currency; it isn’t synonymous.)

This is essentially the same today.  My neighbor will give me his lawnmower or I can go buy one at Home Depot. In the transaction with my neighbor, we might say I got the lawnmower for free, but really I used our relationship as currency. In the transaction with Home Depot, I used money.

Money only exists because traditionally – and this is important – you haven’t been able to scale the gift economy. The bigger your neighborhood gets, the more difficult it is to know everyone. The more difficult it is to know, the more difficult it is to trust. As strangers, and without trust, we need a way to exchange value.

Whereas the gift economy might leave loose ends (relationships are messy, after all), an economy based on the exchange of money leaves no loose ends; it is something for something. Our current economy is built on that idea of quid pro quo, but the Internet came along and turned that on it’s head for a few reasons, some of which we’ve talked about:

1.  The Internet allows us to live by our screens, not among objects, decreasing materialism and increasing the value we put on knowledge and experiences.
2.  The decentralized web increases the viability of the peer-to-peer economy that doesn’t rely on or include large companies.
3.  The networked web is ruled by plentitude, not scarcity, which changes what we value, how we exchange value, and how we measure and acknowledge it.

In essence, the web allows our social architecture to scale. What that means is that for the first time ever, there is the potential for an economy that isn’t based on money. It means that currencies other than money – reputation, identity, data – can be used to exchange value on a peer-to-peer level and on a larger scale than ever before. And it means that we’re relying less and less on money as a currency (i.e., why we’re seeing our current economy collapse).

Take a moment to wrap your head around that; it’s exciting. Or possibly scary, depending on how you look at it.

“Trust networks are able to be tapped for recommendations and referrals, while predictive analysis algorhithms can suggest the kinds of people, products, services, or events that would resonate with our personalities or value set,” argues digital theorist Vanessa Miemis. “A new set of filtering tools are emerging that are shaping where we direct our attention and resources, namely intentions and actions… These contextual clues around data become currencies in themselves, as they give us more information in order to make a choice or decide who to trust.”

Soon, it won’t matter that I don’t know you. We will still be able to transact with each other – I’ll borrow a dress from you, or you’ll take a spin in my car – because our reputation, identity and data currency will travel with us. The goodwill you build on Twitter, or at your job as an insurance salesman, will inherently influence the transactions in your life.

Early efforts at the peer-to-peer web, eBay rankings or reviews on Etsy for instance, show a small piece of that reputation currency. You can also see some attempts at personalization on today’s web. But that’s really all only the beginning. Facebook, for instance, has the power to be the ultimate bank, building a new economy based on the identity information we feed into our profiles and the mass amount of data they’re collecting. Even better, if this type of data were open across the web and we could own it, these currencies could inform the foundational underpinning of our interactions. And then, well, I can’t even wrap my mind around those possibilities…

You can see why who has the most data, and who controls the data, is increasingly important then. Every byte is almost like a dime in this new economy we’re building on the web.

I’ll continue to dive deeper in this series on digital economies and currencies in future posts, including the drawbacks of reputation as currency, why these new currencies aren’t the same as Free, and the rocky transition time we have ahead of us in this half-changed world.