Today, world’s first of its kind World Skill Bank (WSB) is opened here. It’s the futuristic bank of Knowledge Economy, where all the willing & knowledge people in the world are voluntarily offering their skill & expertise for needy people around the world, for a small fee. We hope to generate 10% of global GDP or US$5 trillion in next ten years & create 100 million jobs worldwide.” This is an example of an ad in Knowledge Economy of future.”" This is an example of an ad in Knowledge Economy of future.All rights reserved © franciskj, 2009
World Skill bank
October 26, 2009 by franciskjFranciskj Knowledge Bank
October 20, 2009 by franciskj“Franciskj Knowledge Bank is world’s first knowledge bank open today.I am the owner of this bank.My goal is to become world’s largest banker in one year. Create GDP of US$ one trillion. Create 10 million knowledge bankers across the world. we’ll be lending knowledge and ideas to needy customers of the world. No security required.The only yardstick is proven dignity & integrity, should be a regular reader of my blog. Ideas from US$ 100,000 to US$1trillion available.Special invitation to governments across the world for creating 1 million knowledge bankers in each country “ This is an example of an ad in Knowledge Economy of future.All rights reserved © franciskj, 2009
Futuristic Banks
October 20, 2009 by franciskjFuturistic banks are those banks, lending their money to people who are working on futuristic opportunities.
Conventional banks lend their money to people against their traditional assets like land, building, machinery, raw material or information as security. Where as futuristic banks will be lending their money to customers against their knowledge & proven expertise as security.
The former involved a lot of valuation exercise especially from external agencies. On the other hand in latter, the appraisal will be done by the bankers themselves with a lot of online support system. All rights reserved © franciskj, 2009
Wealthyfication
October 19, 2009 by franciskjWealthyfication is the process of creating a tangible value for a useful commodity with the objective of empowering people to participate in creating & managing wealth of a nation.
In agricultural economy or in pre-industrial economy, agricultural land was treated as wealth. As a result land was taken as collateral security for lending money. In industrial period land. raw material & machinery were taken as security and in information age it was data & technique of managing data were given as security. in knowledge the raw material is brain & factory is thinking and the ideas are the products.
No nation in the world has embraced the idea of wealthyfication of knowledge of its people. No bank in the world is lending money for doing business against knowledge as security.Yet we know that it is people and their ideas that are going to be the pillars of Knowledge economy. Are we still living in paleolithic stage of Knowledge economy ?All rights reserved © franciskj, 2009
Futuristic wealth creation
October 17, 2009 by franciskjIt is the process of creating futuristic wealth in a nation in knowledge economy.The conventional wealth is tangible assets like land, building & stocks.Post computer era the information was included in the asset category, but not in a transparent & scalable manner.Similarly in knowledge economy the expertise of people will be treated as a nation’s wealth.Though some companies have wealthyfied their human expertise, no nation in the world has taken any initiative in that direction.Even a barren piece of land is shown as part of wealth of a nation, but not the unemployed.On the other hand wealth creation of a nation need expertise of her people.
The context of my comment is that today’s editorial in nytimes.com ” The jobless wait” was bit educative as well as bewildering to me.
Since commenting facility was not given there I am writing it here. The educative aspect is that about 15 million Americans are unemployed from one day to six months or more. What is bewildering about the situation is that the debate is about whether to extend or increase unemployment benefit.
Analogically the situation is akin to a family which has a wealth of say US$ 10 million discussing with his wife whether to discontinue sending their son, a VI th standard student, to school, so as to serve that money , since he scored less grades.
Here if the family fails to motivate and send the child to school, the child will be misfit to make use of opportunities available in knowledge economy nor the family will be able to maintain their wealth as it needs knowledge to sustain or manage it.A classic TINA (there is no alternative) factor, situation.
One can give hundreds of analogies on it. But my question is that why can’t this data of 15 million be wealthyfied. Say each candidate has the potential wealth generation, minimum capacity of US$ 100,000 per annum and US$ one million in next 10 years. ( median wage @ US$ 30/hr & estimated for 10hrs/day and 330 days work in a year. creating wealth of US$ 1.5 trillion).
Like there are many pillars of democracy knowledge of people are the pillars of knowledge economy. knowledge tooling is the process of providing reinforcements to knowledge pillars of knowledge economy. Like a traffic jam gives enough time to an unfinished mobile communication with a friend, unemployment is the time for comprehensive fine tuning of a knowledge worker.
So my point is that when we treat people as assets , we will feel extending & increasing unemployment wages not as a charity but as an investment for sustaining & maintaining futuristic wealth creation process. Richest country can afford it and Obama should try it. If successful other nations can follow it.All rights reserved © franciskj, 2009
democracy
October 13, 2009 by franciskjWhat is democracy ? in context of education & from the perspective of a village girl.
democracy is the process of creating an environment for an equitable organized living.
All rights reserved © franciskj, 2009
excerpts from http://conceptteaching.com
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Process
October 13, 2009 by franciskjWhat is process ? (in context of education from the perspective of a village girl)Process is the method of studying the technique of learning.All rights reserved © franciskj, 2009
excerpts from http://conceptteaching.com
you can learn concepts with 100% clarity from http://conceptteaching.com
Economics
October 12, 2009 by franciskjWhat is economics ? (in context of education from the perspective of a village girl)Economics is the process of studying the technique of valuating things.All rights reserved © franciskj, 2009
excerpts from http://conceptteaching.comyou can learn concepts with 100% clarity from http://conceptteaching.com
Politics
October 12, 2009 by franciskjWhat is politics ? in context of education & from the perspective of a village girl.Politics is the process of studying technique of organized living.All rights reserved © franciskj, 2009
excerpts from http://conceptteaching.com
you can learn concepts with 100% clarity from http://conceptteaching.com
History
October 12, 2009 by franciskjWhat is history ? in context of education & from the perspective of a village girl.History is the process of studying evolution of organized living.All rights reserved © franciskj, 2009
excerpts from http://conceptteaching.com you can learn concepts with 100% clarity from http://conceptteaching.com
