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Meaningful Metrics for a Smart Society
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Date: 2019-09-15 Page is: DBtxt001.php L0700-CS-IC-Knowledge-Capital

ECONOMIC CAPITAL / INTANGIBLE CAPITAL
KNOWLEDGE CAPITAL
FOUNDATION OF SCIENCE, TECHNOLOGY, ENGINEERING AND EVERYTHING THAT HUMANKIND CREATES

Albert Einstein ... an icon of thoughtfulness

THE HISTORY OF ACCOUNTANCY GO TOP

SEARCH FOR KNOWLEDGE
Some argue that it is mankind's ability to gain knowledge that differentiates mankind from the other animals. Knowledge has grown at an amazing pace for the past 200 years, and continues to accelerate. The technical limit to knowledge capital is the ability of the human brain to process information and understand. There is a prevailing system constraint associated with money not being available to deploy and pay for the available brains. There are other issues with knowledge. One is that some knowledge is hidden and/or controlled by knowledge ownership otherwise referred to as intellectual property (IP) which is used or not used depending on the profit potential of the owner's option. Another issue is that knowledge has the potential to be used for bad rather than good. In many cases the use of knowledge results in change with some being winners and others being losers.
A MASSIVE AMOUNT OF KNOWLEDGE
The good news is that there is more 'knowledge' now than at any time in history. The bad news is that the existence of knowledge does not mean that the knowledge will be used wisely, or that it will be used at all.
Every day that passes there is more new knowledge ... and the amount of new knowledge every day is more and more every day!
What this means is that no individual can ever hope to get a complete grasp of all the knowledge, or even much of the available knowledge.
Another way of thinking about this is that every individual can find a lot of knowledge about something of interest ... but few will have the chance to understand how what they know fits into the bigger context of all the information.
This probably means that more and more expertise will reside in sector silos, and big multi-sector problems will never be solved.

An Overview of Knowledge Capital
Knowledge Capital has been growing exponentially for the past few hundred years. The present state of knowledge is amazing, and more amazing as time goes by.
Open L0700-CS-KC-KNOWLEDGE-CAPITAL
Aircraft Technology
Since WWII high speed flight has changed dramatically. The Gloster Metror was one of the first jet fighter aircraft to become operational and there has been mind-boggling progress ever since.
Open N9-AIRCRAFT

Open L0700-SI-TRANSPORT-AIRCRAFT
Medical Sciences Technology (TO COME)
Medical Sciences Technology
Materials Technology (TO COME)
Materials Technology


HISTORY
It seems that people are hard-wired to learn ... clearly some more than others ... but everyone seems to understand that acquiring knowledge is a good thing, though what people choose to learn may be different from one person to another.
This has been true throughout history and the accumulation of knowledge has enabled people to have easier lives in present times compared to our ancestors.
People use knowledge in all sorts of different ways ... some uses are beneficial for humankind in general and other uses are more beneficial to a specific individual or group. Competition is another natural trait of humankind, and not always a good trait!

KNOWLEDGE - STREAM, STRAND. STRING
How knowledge fits into the modern socio-enviro-economic system
Open L0700-SS-KNOWLEDGE
BioTechnology (TO COME)
BioTechnology
Blockchain
Blockchain
Open L0700-ET-Blockchain
Computer Science
Computer Science
Open L0700-ET-COMPUTER-SCIENCE
Medical Sciences Technology (TO COME)
Medical Sciences Technology
Railway Technology (TO COME)
Railway Technology
Materials Technology (TO COME)
Materials Technology
.
KNOWLEDGE / AMAZING TECHNOLOGY
Rapid technological development over past 200 years ... and accelerating
MEDICAL SCIENCE MATERIALS

Genetic code / DNA

Antibiotics

3D Printing

Composite materials

Plastics

High strength steels
ELECTRONICS COMMUNICATIONS

IBM

Microsoft

Oracle
Apple
Print Media

Digital Media
SOCIAL MEDIA PASSENGER TRANSPORT

Google

Facebook

Twitter
Passenger Rail Passenger Car
Passenger Bus
FREIGHT / LOGISTICS AEROSPACE

Shanghai new port

Container Ships

Freight rail

Jet engines

Passenger Aircraft

Satellites
We should use technology to make it possible for people to have a better life. We have deployed technology to make the most financial wealth. It is time to use amazing technology to improve society and the environment and not just the profit.
  • Better metrics will help to solve these problems.
  • There is no one slver bullet that is going to solve all problems.
  • Better metrics along the lines of TrueValueMetrics
  • More accountability ... stronger, quicker!
.
ORGANIZATIONS
Huge corporate organizations and governments dominate everything
But people run these organizations and make the decisions

Google

ExxonMobil

Rolls Royce

HSBC

Government

Security



The text being discussed is available at

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TrueValueMetrics (TVM) is an Open Source / Open Knowledge initiative. It has been funded by family and friends plus donations from well wishers who understand the importance of accountability and getting the management metrics right. TVM is a 'big idea' that has the potential to be a game changer leveling the playing field so the wealth and power is shared on a more reasonable basis between people who work for a living and those that own the economy and the levers of power. In order to be effective, it cannot be funded in the conventional way with a for profit business plan, but absolutely must remain an open access initiative.
WE WANT TO MAINTAIN AN OPEN KNOWLEDGE MODEL
A MODEST DONATION WILL HELP MAKE THAT HAPPEN


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