Everyone interested in predictive futurism and the effects of technology on economic systems needs to watch this video. The whole thing is awesome, but it really becomes genius around 20 minutes in.
It's a dark, alternate version of the whuffie from Doctorow's Down and Out in the Magic Kingdom. I certainly hope reality ends up being closer to the latter -- I much prefer adhocracies. But it definitely gives me a lot to think about. At what point do game points and dollars (economic points) merge? We've already seen that to a small degree in MMOs, of course, but almost always only in one direction. When do game points start to drive economic action on their own?
It's a dark, alternate version of the whuffie from Doctorow's Down and Out in the Magic Kingdom. I certainly hope reality ends up being closer to the latter -- I much prefer adhocracies. But it definitely gives me a lot to think about. At what point do game points and dollars (economic points) merge? We've already seen that to a small degree in MMOs, of course, but almost always only in one direction. When do game points start to drive economic action on their own?