The Rise of Surveillance Capitalism


Co:Inpetto wasn’t initially about changing economics. Co:Inpetto started in 1999 as a database-driven recruitment cabinet for IT professionals and business consultants. It was the year that the internet was entering the business world.

But since the recruitment business (as so many businesses) got trapped in the supply chains of Surveillance Capitalism, there was no other option than getting involved in making a change (more about the history of Co:Inpetto here).

Learn about surveillance capitalism and safeguard our freedom. We need it to act and move to our next level of prosperity. Because together we can do better thanks to digitization.

Marketing folks as Seth Godin and so many business people and entrepreneurs are speaking up. Join the movement, it is growing and unstoppeable. Otto Scharmer will have a dialogue with Shoshana Zuboff (the author of the book on Surveillance Capitalism) on the 4th of September, more information here. A podcast with Shoshane Zuboff here.

IMPORTANT NEWS

Start to consider to participate in an IEO (initial excange offer) of Threefold. Preparations for an IEO are going on. More information will follow.

If the digital future is to be our home, then it is we who must make it.

Shoshana Zuboff

The Power Of The Poor


Read here why I am a proud ambassador of the Threefold Foundation. It has the potential and the ambition to make the digital infrastructure for our next level of prosperity available for every single person on earth.

Threefold technology stack offers a solution for the blockchain dilemma: privacy and scalability of a shared digital infrastructure can go hand in hand. And as we know, blockchain enables:
– identity management
– registration of value
– contracting
– exchange of value

Learn about these organizational features, about the brilliance borrowed from prosperous Switzerland and the bottom-up all-inclusive approach. Enjoy the documentary The Power of the Poor with Hernando De Soto:

Some exiting news to share:

  • Threefold Foundations is organizing an IEO (initial exchange offer). The mantra “first talk, then act” will pay-off: Threefold token (Tft) will become a stable coin backed by real assets namely compute and storage capacity. Watch out for the upcoming communications and feel free to ask questions.
  • Weconomics Foundations is preparing their congress – Work Less, Achieve More – for the 26th of November (more information here (Dutch only)). Paul Bessems is bringing the discussion about the productivity paradox and a possible sustainable future further.

The Zero Marginal Cost Society and More


Good to be reminded to some inspirational thinking before Threefold technology is getting launched (Q4 2019). The thinking serves the missions of Threefold, Freeflow Nation and Weconomics. The Zero Marginal Cost Society is a book of Jeremy Rifkin.

We can look forward to a new book of Bernard Lieater – click here for more information.  In his book – The Future of Money (2001) – he explained the opportunity to complement our current money system and warned us for data privacy loss. Features as 3Bot in a shared digital infrastucture as Threefold Grid will serve to make personal data personal again and for organizing our next level of prosperity.

Stable Coins and The Core Infrastructures in Society


A ticket for the tube in London is paid with Sterling Pound. Several institutions are at work to keep Sterling Pound stable. We are used to a Sterling Pound with very low volatility. It makes the Sterling Pound and all other FIAT currencies workable. We can use FIAT currencies to exchange good and services.

Space for compute and storage capacity on the threefold grid is paid in Threefold tokens. Threefold tokens are backed by compute and storage capacity: every time a farmer connects/disconnects hardware on/to the grid, threefold tokens are created/destroyed.

Threefold token is a stable coin that will be used to exchange value. Threefold tokens are – by design – created in another way than FIAT currencies and will enforce the total ecology of money systems.

Threefold token is a stable coin thanks to the way it launches the services that will get paid with it. Financial risks for innovation and expansion are reduced. Proven technology gets introduced in a business model underpinned by the threefold token.

The introduction of Threefold grid won’t need a big bang operation. Every community that is in need for compute and storage capacity is able to use or organize a Threefold Coop. Building up a Tube with such organizing model won’t be possible – scaleability was about vertical integration of businesses and mechanistic top down coordination.

The Tube is a typical infrastructure of the industrial age. Fiat money is used to get acces to it. Complementary money systems will be used to get access to the core infrastructure for the digital age.

We become what we behold. We shape our tools and then our tools shape us.

Marshall McLuhan

Building The Core Infrastructures for Society Creates Jobs. Again and again ?


 
 

The Underground changed the culture of London. The shared digital infrastructure will change it again. The Underground and The Threefold grid combined a trinity of technological solutions to solve a societal problem. They open up new opportunities and culture changes.
What is the work to do for us ?

A technology trinity got the The Underground available. Running a passenger railway in deeper tunnels under the city only became possible once three problems were solved. Engineers needed:
– a way of getting passengers up and down at deep stations
– a reliable tunneling method
– a clean alternative to steam power for the trains
Solving these problems in the 1880s gave London its first deep-level tube. The Tube changed London forever.

A technology trinity will get a shared digital infrastructure available.
A neutral, green, democratic digital infrastructure owned by the people become possible because of Zero-Os (an operating system), Zero-Chain (organizing transactions and trust) and Zero-Robot (execution and maintenance). Click and read more about the Threefold technology trinity here for the Threefold grid.

"ALL OUR OWN WORK…. The world's most advanced underground railway, the Victoria Line, is now open, and London Transport would like to thank the men who built it: miners, like Black Jack's Gang above; engineers, architects and surveyors; planners, draughts-men, electrians, bricklayers, labourers. Their £70 million effort is now on and he price of admission is as little as five-pence. London's pride"

Digging the tubes delivered jobs and life get organized further.
But getting the core infrastructure available for our next level of prosperity will bring a new story. Income will be generated for farmers who wille organise themselves in TFF coops while Zero Robots are working. So it is time to get serieus about the mission of Weconomics Foundations – Work Less, Achieve More –.

It is impossible to work in information technology without also engaging in social engineering.

Jaron Lanier

The Core Infrastructure in Society –> The Way for All


Follow the roots of the succes of the London Metro System and you will meet the roots of the advertising business. Investments in the core infrastructure were made by private companies. The fact that the services won’t get sold, was the risk that is taken. Return on risk capital got some help of the invisible hand of advertising.

In a previous post the template for rolling out TFF grid is shared. Software developers will pay Threefold Tokens to use the grid. The first projects running on the grid are getting build with the help of Threefold Tech. Threefold Coops will emerge to meet demand for compute and storage capicity.

Threefold Tech helps organisations to creating value bij building services and products thanks to 3bot and blockchain as a service technology. Projects will use Threefold Grid.

The value of the core infrastructure of Threefold grid will not depend on seducing consumers. It is about teaming up with co-designers. Designers will lead. Designers who see their entrepreneurial opportunity to create better prosperity.

The innovation space is evolving, we love to share value propositions to support designers. Do you want to learn ? Weconomics Foundations offers Certified Program Digital Leadership & Blockchain. Do you want to make a wise investment ? Threefold Tech offers a good opportunity. Contact me if you want more information (+32 472 29 15 34 – lieve.vereycken@co-inpetto.org)

Consume Less. Create More.

The Funding Mechanisms of Core Infrastructures in Society (part 3)


Threefold Grid shares their template to get the core infrastructure of compute and storage capacity available in society.  Learn, ask questions and get prepared to turn.

How will Threefold Grid get organised ?

Threefold Farmers organize themselves in Threefold Coops. A Threefold Coop will engage Threefold farmers. Each farmer brings money in to buy certified hardware (= hardware with operating system Zero-Os and connect to Zero-Robots and Zero-Chain). The hardware gets connected to electricity and the internet bij the Threefold Coop.

The Threefold Coops produce compute and storage capacity and software developers can start to buy compute and storage capacity with Threefold Tokens. Threefold Foundation, Threefold Coops and Farmers will get a portion of the total income.

Threefold tokens will be minted when new capacity is added to the grid by farmers, threefold tokens have an underluying value of compute and storage capacity.

With the mechanism that is described above the digital infrastructure of the future will be owned by many, income will get distributed and the purpose of Threefold Foundation get achieved – decentralized and neutral internet for all.

As income, say and ownership of core infrastructures in society gets reshuffled, society will get reshuffeld as well. Set your sails ready.

P.S.: Contact me if you do have any questions about the funding mechanisms in the Threefold Ecosystem and get prepared.

Let your dreams set sail

The Funding Mechanisms of Core Infrastructures in Society (part 2)


As written in a previous post, the first metro systems used the template of the first railroad companies to structure their business operations. It is copied over and over again. A social contract within society came alive. But does it still serve ?

No, it doesn’t.

The social contract is falling apart on the one hand. And on the other hand we are facing new kind of problems and opportunities. We have the opportunity to co-design a shared and decentralized digital infrastructure and start to reconnect everyone and everything. New money systems are enabling.

A new template for business modelling can be used:
1. communicate an idea within a community of potential co-designers and users;
2. the community will start to work on it and the value creation model will get defined;
3. rules to start up and operate will get programmed for and with the community in the shared digital infrastructure;
4. the money systems are choosen;
5. coordinated action within a community will will create value, actions get registered and exchange of value will happen.

A far more complex paradigm is emerging than the paradigm of the First and Second Industrial Revolutions. In the article below Otto Scharmer describes the shift we are experiencing. It is matter of conscious choice and co-design.

We are witnessing the development of the core digital infrastructure that underpins the emerging story. The core digital infrastructure by itself will get funded in new ways, more about it in a next post.

As Systems Collapse, People Rise: Seven Faces of an Emerging Global Movement - Otto Scharmer

The Funding Mechanisms of Core Infrastructures in Society (part 1)


The Metropolitan Railway (Met) got in 1854 the permission to build the first line of the Underground what later became the London Metro System (full hitory of The London Underground is here).

What template did the MET use to set up the company ?
1. What is the income stream for the service ?
2. What are the costs to start-up the income stream ?
3. What are the profits we can make ?
4. Define the issue of shares and sell the promise of profits in return to get cash to start up the service.
5. Start-up and run the service, produce jobs and profits.

The first rail roads used the shareholder model, the model was copied by the MET and almost all the infrastructures that followed got funded with it. Shareholders, workers, trade unions and governments got their stories of aligned interests. Society got fueled and power got defined on three axes, namely:
1. Income
2. Say
3. Ownership

But can we hold on on that story ? Let’s consider the investement of Google in Belgium. Does the traditional story of aligned interests between funding, jobs, income, say and ownership really fit ?
We believe we can create a better by reconsidering the funding mechanism for the core infrastructure of the new age.

Nothing is permanent in this wicked world – not even our troubles.

Charlie Chaplin