Lift11: Don Tapscott, Macrowikinomics

Live and India-lagged notes from the Lift11 Conference in Geneva. Might contain errors and personal opinions. Use the comments if you spot nasty errors.

Upto three weeks ago, revolutions had an organization behind them mobilizing the people, managing logistics, etc.

Now, because of social media, the cost of collaboration for dissent has dropped dramatically. This is positive, but there is a historic challenge: when the old regime falls, there is no structure or organisation or party or institution ready to take over — and we need organisations. Peer produced “wiki revolutions”.

Many of our institutions are in a state of atrophy. Turning point in history. GM, financial institutions, newspapers… all these institutions are stalled, but at the same time being rebuilt around the network.

Pre-printing press, knowledge was concentrated with a few people. Printing press, democratization of knowledge. Internet: a revolution on par with that of the printing press, but very different. The printing press gave us access to recorded knowledge, whereas the internet makes us all publishers, gives us access to what is in other people’s minds: the age of networked intelligence.

Digital generation (the biggest ever) faced with a terrible world: high unemployment. Social revolution leading to an economic revolution. This crisis is creating a burning platform in all of our institutions.

Collaboration — openness — sharing — interdependence — integrity: 5 principles for innovation, wealth, and sustainability.

Need for values. *steph-note: spaced out a little here*

Don saw his book related to the Obama campaign *steph-note: damn, missed the details here*

GM: went bankrupt. New: Local Motors. Completely different model, co-creation.

Financial system: subprime crisis.

Newspapers: old model is Chicago … Times (?) — new model = Huffington Post.

Old: climate change, Copenhagen conference. New: platforms for learning and action.

“What an exciting time to be alive!”

New: WEF’s Global Redesign Initiative.

Peer-produced “Wiki Revolutions”. We’re at a turning point.

Natural analogies? flock of birds. *steph-note: shows beautiful video of huge movements of a gigantic flock of birds, with Albinoni’s Adagio playing in the background — oops, am hypnotized by the birds and the music*

Quotes St-Exupéry (“respect the past for it was once all that was humanly possible”).

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