Social Clout Is Tomorrow's Cash
As provisions of goods and services becomes increasingly automated, economies that reward people for accumulation of the truly valuable goods, i.e. social capital, will prosper.
What's the Latest Development?
As the manufacturing economy that brought the U.S. to forefront of world dominance wanes, economies will be forced to value something besides tried-and-true goods and services. "In the future, rather than a mystified system in which networking and fame lead to wealth only indirectly, the top economies will directly pay people to network and become famous," says the Economist. "Cash will become identical to social points, which is the ultimate point of the money system anyway." Smartphone applications may then display social points publicly.
What's the Big Idea?
A digital, networked economy is the natural next step for our cash-based system. In the same way that cash replaced purely barter systems, economies that pay individuals to network and become famous will replace the current economy. "In an economy in which the provision of physical goods and services becomes an increasingly marginal sector, socioeconomic stresses will centre on the allocation of intellectual resources." The Pirate party's recent victory in Germany points to a new kind of intellectual politics.
Our experience of time may be blinding us to its true nature, say scientists.
- Time may not be passing at all, says the Block Universe Theory.
- Time travel may be possible.
- Your perception of time is likely relative to you and limited.
From questionable shipwrecks to outright attacks, they clearly don't want to be bothered.
- Many have tried to contact the Sentinelese, to write about them, or otherwise.
- But the inhabitants of the 23 square mile island in the Bay of Bengal don't want anything to do with the outside world.
- Their numbers are unknown, but either 40 or 500 remain.
At least he wasn't burned at the stake, right?
- The letter suggests Galileo censored himself a bit in order to fly more under the radar. It didn't work, though.
- The Royal Society Journal will publish the variants of the letters shortly, and scholars will begin to analyze the results.
- The letter was in obscurity for hundreds of years in Royal Society Library in London.
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