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Jason Stoddard foresees a future in which scarcity itself becomes s.... This not a new concept, Buckminster Fuller believed that scarcity was unnecessary in the presence of the abundant energy available from the sun. Humanity simply needs to accept end of scarcity and begin working accordingly.
Kevin Kelly talks about the value of information, sometimes citing Stewart Brand's adage that "information wants to be expensive." Brand also said that information wants to be free. The tension between these two poles creates a kind of Buckminster Fullerian dynamic -the possiblity of creating dynamic structure.
I believe that there's a possibility that ubiquitous computing will give us the ability to measure things that we've never measured before. For instance, how much time did you spend listening to that street corner musician? How many people spend a similar amount of time? What if the object of your attention could be credited, through a Bluetooth connection, with the commensurate value of what your attention is worth? Perhaps you're a CEO and five minutes of your time is worth $50.
These types of instantaneous "attention microtransactions" would happen constantly, transparently and without you giving them a second thought. You'll easily make part of the money back in a few moments when you hold the door open for a wealthy lady at a nice restaurant.
Ubiquitous computing has the potential to realign our value systems. Some people who are not well-paid today will be making more money because their services are more valuable than we give them credit for. Others will be paid less well. All of this will be possible because we will have so much more information at our disposal.
In the end it is time that is truly valuable. And the time is coming when we'll all know, down to the minute, how our time is spent.
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