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Thursday, August 19, 2004

Posted 11:18 AM by Anurag
Howard Rheingold's on next level of Social Networking

In an MNBC article, Howard Rheingold (Author of 2001 book Smart Mobs: The Next Social Revolution) comes up with some fantabulous observations. Sample some:

The dogma is that the two major means of organizing for economic production are the market and the firm. But Benkler uses open source as an example of peer-to-peer production, which he thinks may be pointing toward a third means of organizing for production.
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All these could dramatically transform not only the way people do business, but economic production altogether. We had markets, then we had capitalism, and socialism was a reaction to industrial-era capitalism. There's been an assumption that since communism failed, capitalism is triumphant, therefore humans have stopped evolving new systems for economic production.
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If you want to think out of the box about innovation, let's not put all of our bets on 50-year-old PhDs in laboratories. We now have dispersed the means of individual and collective innovation throughout the world.

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