Penny, Thoughts, &c.

Feb 09, 2009 16:35

What if, instead of a gold standard, a silver standard, a real estate standard, or fiat, the standard used as the basis for an economy was information? Each culture would be engaged in a race with its neighbors to continue progress in whatever avenue of information it sought to mine.

What would a unit of information currency look like? What would it be?

An economy of information doesn't necessarily mean an economy of truth. One culture might focus on scientific research while another might focus on philosophy or faith, the information of which would be subjective or even speculative. One culture might even develop misinformation, with its progress based as much in its own success as how greatly it impedes others.

The economy doesn’t even need to be a national one. This might be an arm of government, an institution, or a cross-cultural group of thinkers, activists, or agents.

Does this sort of thing already exist? Certainly, some idea of status exists among academia, but it lacks a unit of currency, and something for which that currency can be exchanged.

it is a mystery, writing

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