Author: Marc Fawzi
License: Attribution-NonCommercial-ShareAlike 3.0
Towards a P2P Economy
Part of the mission of Evolving Trends is to advocate moving the economy from its current centralized model, where power is concentrated in the hands of the biggest producers, e.g. Google, Apple, Microsoft, et al, to a distributed -and ultimately decentralized- model, where everyone is equally empowered and where power resides with the whole, and not any one entity.
Since in a P2P economy, power resides with the whole, and not with any one entity (or group of entities), this means that the P2P Economy won’t have any single point of failure. Think of the centralized lending industry as being a single point of failure. Think of what is happening now to the US economy and how the government is having to step in to prevent it from total collapse.
The P2P economy places market power with the whole, where it belongs, and not with any one entity or group.
The future is P2P-powered search, P2P commerce, and P2P economy.
The centralized model of the Web (as opposed to the P2P model) may serve Google but, in the long run, it doesn’t serve the users.
Absence of Critical Thinking
If you were to google “Google monopoly” or “is google a monopoly” or “monopoly google” you would come across the Evolving Trends article “Is Google a Monopoly?” as the first link in the search results.
Since I know (intuitively and from observing others) that the almost everyone clicks on the first link in the search result (if it’s relevant, which it is in this case), this gives me a rough measure of the number of people, on daily basis, who care to find out whether or not Google is a monopoly.
Despite being the first link in the search results on Google, the article has received a meager ~4,000 hits since its publication in July, 2006.
That means 2,000 hits per year. Or about 5.5 hits a day for the 2 year period.
The average for the last few months has risen to about 7 hits a day.
So in a world where hundreds of millions of people use Google every day, less than ten people a day question whether Google is a monopoly.
The reason for this disparity is that the system rewards those who dance to its music and reinforce its story and punishes those who don’t, which discourages all but the most counter-phobic of people from thinking beyond the story.
If the world was full of deep thinking folks we would not be where we are today (in reference to the current global economic meltdown.)
Luckily, change has a mind of its own.
The P2P Energy Economy
The P2P Energy Economy, which is being developed by this author using an agile, feedback-intensive process, fuses the latest advances in SmartGrid technology, P2P trading and lending, and P2P energy production (from renewables) into an abundance-sustaining economy, including a new kind of currency designed to work with the growing category of goods and services that can be produced on abundant basis.
Related
- P2P Energy Economy
- P2P Energy Production (Smart Grid) and P2P Web
- Towards a World Wide Mesh (WWM)
- Google App Engine: Threat or Opportunity?