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The New Knowledge Economy

The New Knowledge Economy. Stephen Downes March 20, 2000. Outline. The Technology The Impact Society Commerce Governance Keeping Up. The Technology. Bandwidth – unlimited Processing – unlimited Software – task based Hardware – portable, wireless

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The New Knowledge Economy

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  1. The New Knowledge Economy Stephen Downes March 20, 2000

  2. Outline • The Technology • The Impact • Society • Commerce • Governance • Keeping Up

  3. The Technology • Bandwidth – unlimited • Processing – unlimited • Software – task based • Hardware – portable, wireless • Presentation – multimedia, simulations

  4. The Impact - Society • New Social Unit – The Online Community • Types of Online Communities • Properties of Online Communities • Social Impact: • Withdrawal from traditional communities • Increased empowerment and participation

  5. The Impact - Commerce • Shattering of Commerce • Commerce begins with Community • Globalization and Competition

  6. The Impact – Commerce (2) • Commercial Impact: • Customized and personalized service • 24-7 service • Competition • Corporate Impact • Monopolies don’t work • The Network Effect • Workplace organization

  7. The Impact - Governance • Legislative and Representative Function • Increased participation and activism • Inclination toward direct democracy • Primacy of the Community • Decline (or reshaping) of the Middle

  8. The Impact - Governance (2) • Information and Communication • The community as a community • Modes of Communication • Information overload

  9. The Impact – Governance (3) • Services • Services as E-Commerce • Competition • Government services as a network effect

  10. Keeping Current • Joining or founding a community • Information flow • Pull – web sites • Push – newsletters • Participation

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