“Human Value Creation as New Currency”

What is it that you like doing most?

How is that valuable for you, and for others?

What if I were to tell you that this is what we can get paid for?

In the world of tomorrow … there will be no more jobs and salaries.

In the world of tomorrow … there will be a new currency for people creating value.

A lot is changing in the world. People will change to adapt.

What if change was not fearful but exciting? No fear to lose a job or income.

Only excitement to discover or create new things, and to receive an income for that.

Change becomes an opportunity that everybody wants to seize.

Imagine the world of tomorrow:

You wake up in the morning. You have a kid going into puberty.

You decide to follow a course in parenting and earn currency for that.

Your partner enjoys exotic cooking, creates a new cooking course and earns currency.

Could this really work?

Yes.

But it requires us to have a different look at currency.

Now currency comes from debt and scarcity.

This means we need to get it from someone else and and we need to return it with interest. We fear sharing it for losing it, want to hoard it.

We put it in stock markets to collect more currency, but not to create more value in the world. Currency gets hoarded, flow reduces, new currency is printed to keep going, inflation goes up.

In the new world, currency is no longer created by printing machines in a building, but by people creating value, and offering it in abundance, not in the spirit of scarcity.

As a result, people will create and obtain not just value, but also abundance, there will be a never ending drive to create and share value.

Instead of trade wars fought out of fear for losing currency to other countries, innovation and new markets to other countries, there will be more collaboration to create solutions for global problems such as climate change and cancer.

Why this is important for the world, today more than ever?

Today’s politics, economics and markets are based on competition. They create distrust, fear and create disconnect, fed by anti-social media. Today 70–80%of stock market trading is algorithmic. Algorithms don’t have values but act upon their coding, without empathy.

AI algorithms increasingly guide decisions of banks, companies, stock markets, economies and even political agendas. Algorithms increasingly interact with each other, often beyond human comprehension. Human leverage on these interactions rapidly decreases, faster than we are aware.

One of my friends, wealthy and financially reliable, recently stumbled on a refusal from a globally reputable bank to open a new company account because the bank’s AI triggered an alarm around his application, leaving even top leadership of this bank puzzled.

But despite knowing the client for years, they “can’t change the AI decision as the bank rules state that “humans can be deceived or be susceptible to corruption”, hence the AI decision prevails.

Financial systemic crashes do happen, making humans suffer. Sci-Fi mostly pictures darker scenarios, such as Netflix’ Black Mirror. “Adopting AI as weapon is brutal insanity” says Samim Winiger, an AI researcher in Berlin. And yet, today’s politics, economics and markets are going into that direction.

“A real discussion around ‘how AI can help to promote peace globally’ is what is truly required”.

The technology to establish such new currency already exists. Today’s connectivity allows for such ecosystems to be developed almost over night. Key is proper governance and critical mass for implementation.

Today we are connecting businesses together through proper use of AI, embedded in the values of human connection and collaboration. We are the Future and have a fast growing global community, planting a seed for such systemic change.

People and their abilities are financial assets, and people leverage their aspirations to create funding for their own ventures.

We introduced this concept for the first time at the Singularity University Australia Summit with Wise Mirror, where we introduced the concept of a “new currency based on human value creation”, seeking partners in self-development, VR, AI, Neuroscience and Fintech to make this new currency reality.