Who made the tools for the Gold rush?

  • David Overton profile
    David Overton
    7 December 2016 - updated 4 years ago
    Total votes: 1

Our first interim report

/futurium/en/file/20161124interimreportv31pdf-020161124_interim_report_v3.1.pdf

is now a few days old.  There's a lot of food for thought in there!  But is it a bit one sided?  Is it a bit idealistic? I don't see the commercial sharks swimming around, but I do see the intellectual conviction to make a safer internet.

Now distributed architecture and decentralised governance are very very important to readers of this blog and participants in the consultation and relate to the data sovereignty theme.

But clearly work on this appears to be at the cost of working on more device and interface innovation.

/futurium/en/file/goldjpggold.jpg

Gold's a nice end product, but who made all the cash?

My first job was in mining.  I mined Platinum.  A popular story in that profession stems from this question "Who made all the money out of any gold rush?"  Well, it turns out it wasn't the guys digging and panning!  It was the guys that sold shovels and the pans!

And what are the shovels and pans of the internet? Like in 1849 it's the stuff that helps us access the scarce and hidden values.  As individuals these are smart devices and their interfaces.  We'll pay stupidly large amounts of money to get our hands on these tools and to be slick in their use.  As a consequence of the rechannelling of profits into further developments, their designers have shaped the internet.

/futurium/en/file/usingzapparjpgusing_zappar.jpg

New ways of engaging with the internet
New ways of mining the internet

Right now I don't see much "tool maker" ebracing going on in the consultation

Is this what Europe wants?

Ask yourself:-

1) By focussing all our attention on the governance of the internet are we delegating all device and interface (and other tool) innovation to the USA-Apple- and Korea-Samsung?

2) Is there a European base for the innovations that will benefit from the changes to the internet?  -Can anyone pick-up from where Nokia and Ericsson left off?

3) What interventions would help start-ups in this area?

If we crack these, then Europe earns the funds it needs by selling the products the world demands.  My feeling is that to over focus on decentralisation will mean we always leave the shiny bits of innovation to others.

But okay, looking at governance and decentralisation, how about these two questions...

4) Looking at the governance, should we not be spending the money on upgrading lawyers?  The law lags so far behind the internet developments these days.  Should they not be operating at a new speed?  Law 2.0?

5) What happens when a business set up to deal with sensitive data goes insolvent? When it's no longer responsible for data management to ISO standards? When the business itself has been broken up and the data sold off with the hard drives?

Keep engaging guys!  Answer these questions by the end of tomorrow and you could be immortalised into the next report!

Keep tapping

David