Very Personal Futures

People are just waking up to the fact that the same cryptographic game theory and technology involved in creating and securing the digital scarcity and ownership immutability that make cryptocurrencies, NFTs (non-fungible tokens) of digital goods and services (from gifs and articles to tracks and tweets) valuable and tradable, can also be used to mint … Continue reading Very Personal Futures

Africa is (literally) the future

Africa, the continent with the youngest population in the world, is very literally the future. More specially, South Africa, with its progressive constitution that lead the world in terms of dealing with questions around gender and race relations; and it’s early warnings around the limits of the social contract and the (now global) energy crunch, … Continue reading Africa is (literally) the future

Digital Landlords

“As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.”~ Adam Smith There are countless keynote speakers, business consultants and best selling books that will tell you how technology is … Continue reading Digital Landlords

Spin and doctors

The new field of “behavioural linguistics” is very similar to the more well known behavioural economics; in that they are both are part of the same discipline of persuasion, essentially looking at behavioural science principles and how you can apply various ‘behavioural nudges’ to help guide people in specific directions towards particular goals and outcomes; … Continue reading Spin and doctors

Real Scarcity

There is lots to celebrate about creating abundance out of scarcity. Creating scarcity out of abundance, however, is not a fantastic look for any society. And yet here we are - trying to do just that - to create legal monopolies out of thin air. Patents, copyrights, and now, NFTs all fall into this bastard … Continue reading Real Scarcity

Vicious and virtuous

"Inn-Sewer-Ants: the translation of an Agatean concept brought to Ankh-Morpork by Twoflower. The idea was that a financial institution, upon payment of a yearly "premium", would guarantee reimbursement of loss of property due to fire or other disaster. This must have worked well in the Aurient, but Morporkians soon found the opportunity to reap windfall … Continue reading Vicious and virtuous

From UBI to OBI – Open Basic Income

I think we need a new vocabulary to distinguish between Universal Basic Income - as form of compulsory (for the tax payer) state-mandated welfare system and - and self-sustaining incentive-driven free-market, voluntary, private sector supported income network systems. I propose OBI: Open Basic Income for these bottom up systems, Open as in Open to all … Continue reading From UBI to OBI – Open Basic Income

skin in the game

Skin in the Game

"Bureaucracy is a a construction by which a person is conveniently separated from the consequences of his or her actions." What a poetic quote. Nassim Taleb is a polarising figure; yet there is no doubt that he is on top form in Skin In The Game. Less academic and mathematical heavy than some of his … Continue reading Skin in the Game

the deficit myth

The Deficit Myth (and the Free Lunch Fantasy) of MMT

“Only a crisis — actual or perceived — produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around.” ~ Milton Friedman Right now, Modern Monetary Theory (aka Magic Money Theory, aka MMT aka a new branding for monetary stimulus) as popularised by Stephanie Kelton’s The … Continue reading The Deficit Myth (and the Free Lunch Fantasy) of MMT

aftershocks and opportunities futurists book

The Winner Takes it All

"The winner takes it all" ~ ABBA The quote above really sums up the near-term effects of the combined COVID-19 and social crises on the 2020s ahead. I was recently asked to submit a chapter to Aftershocks and Opportunities, and I wrote on exactly that; how crises highlight and amplify the deep-seated cracks and devastating … Continue reading The Winner Takes it All