Socialising making money

+2  

Society has problems that have rewards, society should openly share ways of making money

YAML Idea

Making money is a fiercely guarded secret right now. It doesn't have to be. It could be openly shared to benefit society with competition.

I propose a marketplace of needs with monetary amounts shared. You should be able to earn money as-listed by simply doing a piece of work that is listed.

Jobs are a scam. They pay you a lump sum and work you to excess of what the lump sum pays for.

In essence, this idea is to monetize every task that a job involves and share the numbers.



(suppress notifications) (Optional) Please, log in.

// I propose a marketplace of needs with monetary amounts shared. //

Are you assuming that same needs got to be valued at same price? A glass of water in a desert may be worth a lump of gold for a person who is dying out of starvation.

// Making money is a fiercely guarded secret right now. It doesn't have to be. It could be openly shared to benefit society with competition.

The crazy thing about money, is that it's a medium of economic communication, and making money is essentially, aligning interests and mutual expectations... How does this idea solve the fact that not everyone is equally socially connected?


// Are you assuming that same needs got to be valued at same price? A glass of water in a desert may be worth a lump of gold for a person who is dying out of starvation. //

I should be able to bid an amount I'm willing to pay for a service or product in a marketplace. I should be able to list an item I am willing to sell for. The finance industry makes this very hard to do for arbitrary things. So we need a socialized mechanism for making money. I suspect it would be a phone app with an extremely large marketplace. Every job is distilled to a set of tasks.

There would be no market secrets. I should be able to work out how to make money by looking at the market place and seeing the money I can earn by doing different tasks.


Yahoo SM (competitor of Google AdWords) was once a transparent market with "allows you to see who you are bidding against and what they are bidding, so you know exactly where you will rank, and how much you will pay". :)

So, what you're proposing, is some kind of open database or aggregation of market orders, right? It definitely relates to your idea of Wantsfiles and Wants Manifestos.

A problem with that is people's privacy: people don't always want their orders be visible due to multiple reasons:

  • competitors will see who they are buying from
  • ideologically different will despise each others (while they are friendly to each other not knowing)

So, how do you resolve that? Should people have one big open market, where they know that what they share there is public, and then they can have encrypted orders optionally, or how else would you propose?

Think about it -- in fact, every search query is a market order, and I think, "Categories" are "Queries" :) Obviously, Google has been getting lots of queries, and if every "Query" is a category, it has been hierarchically grouping them to fill these search orders (market demand) with link excerpts (market supply).

Thinking that way, we can see that every request-response (or client-server) system can be viewed as order-filling apparatus. Since the cost of fulfilling an order is usually computational-time, and human-time, and machining-time, you could measure the cost of said orders as such. For example:

  • ask a friend to a party -> (human-only)
  • make a cup with ready dumb coffee machine -> (machine-only)
  • buy bitcoin -> (computational-only)
  • buy a product on Amazon -> (computational, human, machine)

It is easy to imagine that, given such open knowledge about world's orders, it would be possible to figure out where to make money, but it is also important to make a distinction between "compute-money" and "human-money" and "machine-money", because human brain (with current BCI capabilities) will never mine the amount of bitcoin that a machine can, and a computer (with current I/O capabilities) will never go for a walk with a friend with intentions to go doing something together, as humans can.

It may be surprising, but most fiat money (call it "human-defined money"), can be made by simply making meaningful friendships, and while Facebook may be trying to fill those orders (with everyone's interaction behavior histories as standing demand orders, and daily feeds trying to fill those orders as supply orders), the most money-making orders is being made within the BS (banking sector, where the fiat money originates) and B2B supply-demand marketplaces.

Imagine if banking sector would have a social network from data like on BoardEx (and from other financio-political databases), and political needs (or "demand orders") of leaders to have certain securities (say "policies") were on the market. I think that would be one of those places with greatest bids, and opportunities in making fiat money. However, indeed, while information about policies is quite open, the downstream orders with specific work demands are less so, because they are often on various B2B marketplaces with less transparency.



    : Ruta
    :  -- 
    :  -- 
    

--Mindey,

Competition is a good thing.

Destroying other people who want to do the same thing as you is also destroying competition. And companies hate legitimate competition. They would rather be a monopoly. Monopolies are really inefficient.

I worry with a transparent marketplace, a company would startup and hire people to pick up all the work and give nobody else a chance to pick up the work.

I think society needs to escape this idea as competition as a means of destroying your competition. it's good when there are multiple people offering the same services. So they can compete on price, quality and branding. But this idea of destroying your competition and creating moats is really harmful. We should have a society where people don't fear being made irrelevant.



    : Mindey
    :  -- 
    :  -- 
    

--chronological,

// competitors will see who they are buying from //

if your business depends solely on your supplier secrecy, then your business is one step away from being a commodity.



    : Mindey
    :  -- 
    :  -- 
    

--chronological,

I think competition is the problem. Its better to collaborate. Its more efficient by far, and takes care of all the problems you describe, and does not destroy people but upbrings everyone to prosperity. But, thats the wrong problem to be solving. You cant tell people, collaborate now. Not gonna work. Its the matter of changing dominant culture to a more sharing variety. I better stop here.


IT contracts can cost millions of £££ for development of cloud systems.

If enough people on Infinity family congregated we could do bids on public tendor for information systems.



    : Mindey
    :  -- 
    :  -- 
    

--chronological,