A bat catches a cold in Wuhan, and weeks later the whole
world coughs. America and China battle a trade war, and then there is a
shortage of PPE and ventilator parts from China. Poor neighborhoods suffer high death rates because
of poor health, but even celebrities and heads of state go into ICUs. The economy craters, and we argue over relief
to businesses versus workers based on which is more disposed to misuse what
they might be given. Health officials
say flatten the curve, financiers say reopen, and corporations say they don’t
dare reopen without testing. The Federal
government is too polarized to fix much of anything, and has forgotten their
real job of governing by consensus.
Modern technologies of global connection -- both physical
and virtual -- make the pandemic emerge in weeks instead of years, and make all
the butterfly effects far more complex.
That is our new curse, but also our new blessing. We have global travel and supply chains, global
communications and media networks -- a global village composed of local
villages. Techies moved fast and broke society,
and now discourse seems too polarized to fix it.
All of these effects are driven by market forces -- however
regulated. Marketplaces of goods and
services and marketplaces of ideas. These
marketplaces are driven by complex
interplays of top-down structure and bottom-up emergence from billions of
actors --and systems of actors.
Technology has made these forces more dynamic and turbulent, but technology can enable smarter and better-regulated marketplaces -- if we re-focus. We cannot undo this onrushing dynamic -- we need to get smarter about how we use technology to help us go forward.
Technology has made these forces more dynamic and turbulent, but technology can enable smarter and better-regulated marketplaces -- if we re-focus. We cannot undo this onrushing dynamic -- we need to get smarter about how we use technology to help us go forward.
The pandemic may be the kick in the ass we need to reform
society over a wide range of domains and levels. Seeing the commonalities can help us capture
a new synergy. If rise to that
challenge, the future will be bright. If we fail it will be dark. Many see that, but few focus on the root
causes.
Peter Drucker said “The greatest danger in times of turbulence is not
the turbulence, it is to act with yesterday’s logic.” Two new logics can help
us correct the failures of our current logics.
Ever-growing intertwingularity
The problem we now face all too urgently is that our lives
are all deeply
intertwingled, but we fall back to simplistic “fast”
thinking with rigid categories and institutions. Some leaders rise to the challenge and others
flail, and we argue over who does which.
The regulation of our marketplace of ideas that “mediates
consent” about facts has broken down, as has our social/economic
marketplace. These problems are difficult
and complex – but we can get smarter about solving them – the first order and
second order effects. (To get a sense of
the range of these issues, see this briefing by Tony O’Driscoll [since adapted for publication] and this
McKinsey
report. To see how this has reopened old questions, and may provide an opening
for new thinking, see this NY
Times report on the shifting issues for the 2020 election.)
The symbolic circle of the Tao reminds us of that truth
is never entirely black or white, but shades of gray that depend on the light
we view it in and the perspective we view it from. Just how much is subject to argument,
discovery, and rediscovery, as reality emerges.
This is age-old, but it is more urgent than ever that we come to grips
with it. 2020 will mark a turning point
in human history.
For decades our world and our markets have been increasingly
stressed, even as we seemed to be progressing.
Tensions of nationality, race, ideology, religion, economics,
technology, and governance are raging. “Things
fall apart; the centre cannot hold /…The best lack all conviction, while
the worst / Are full of passionate intensity.”
It is now urgent that we re-center more wisely on our better
convictions.
The Enlightenment has run aground because those who saw the
light and had the benefits did not pay enough attention to sharing that. Liberals turned away from “the deplorables”
instead of caring for and raising them up.
Capitalists extracted short-term profits and enriched themselves with
stock buybacks -- exploiting workers instead of empowering them. Factions and political parties fought
zero-sum struggles to control the existing pie instead of engaging in win-win
cooperation to create and share a larger pie.
The Chinese ideograph for crisis is composed from the
characters for danger plus opportunity.
Many retreat in fear of the danger and seek to throw blame and erect
walls, but wiser heads look to the opportunity.
Most see opportunity in narrow domains, but some look to the big picture. We now face an urgent and historic
opportunity to refocus on a more enlightened and productive kind of cooperation
across the full range of issues.
Those who see and work on these problems in particular
domains of concern and expertise can unite in spirit and vision with those in other
domains. We can forge a new Age of
Enlightenment – a Reformation of The Enlightenment. An awakening of interconnection and
cooperative spirit is emerging. Our
challenge is to synergize it. Some
elements:
- Economic and health insecurity for some leads to insecurity for all. A safety net is needed.
- Market systems need slack to respond to black swan events. “Just-in-time” and “lean” are efficient only when not overstressed. Global supply chains need resilience and redundancy. Too much slack and safety drain our wealth and will, but too little lead to disaster.
- Moving fast and breaking things can break things that cannot be fixed. Experience can blind us, but inexperience can kill.
- Power among local, state, national, and global government must be properly balanced and adaptable to stress. Power and wealth must be shared fairly among people, factions, and nations, or those left wanting will throw rocks at the crystal palace. The resurgence of nationalism, factionalism, and the crisis of disinformation are symptoms of perceived unfairness. Government that is too small is just as bad as too big.
Our modern, high-tech world is far too complex for purely
top-down or bottom-up management and governance -- we need a smart and adaptive
blend. That requires openness, transparency, trust, and fairness, so even when
there is disagreement, there is a common sense of reasonableness and good
spirit.
New Logics for Intertwingularity
My recent work has focused on two new ways to deal better with
this growing complexity. These new
logics that do not just exhort people to be better and wiser, but better align
interests so that virtue is rewarded.
One relates to failures of our marketplace of ideas –
especially our social media and other collaborative systems. Computer-augmented
human collaboration first emerged in the 1960s, and was used for disaster preparedness
(natural and nuclear). It progressed
slowly until the Web made it far more powerful and accessible to consumers, but
we failed to direct those social media systems to serve us well. Struggling to find a business model, they hit
on advertising. We now recognize that to be “the
original sin of the Internet” because it misdirects our platforms to serve
advertisers and not users. Algorithms
can help augment human intelligence to make us smarter collectively -- instead
of making us stupider, as social media now do.
Systems that elucidate nuance, context, and perspective can empower us
to draw out and augment
the wisdom of crowds (as explained in detail on this blog) to deal more smartly
with our deeply intertwingled world. That
could drive a new Age of Enlightenment in which technology augments the
marketplace of ideas in the ways that we have always relied on to mediate
consent – an emergent mix of top-down guidance and bottom-up emergence that can
lead to new, yet natural, forms of digital democracy.
The other relates to failures of our economic
marketplace – how we can shift from the short-term. zero-sum logic of extractive
mass-market capitalism to more
long-term, win-win forms of market cooperation. That can restore the emergent, distributed,
and human logic of traditional markets that Adam Smith saw as socially beneficial
-- before modern mass-marketing alienated producers from consumers and lost
sight of broader human values. Our
digital economy now enables new ways to shift from fighting over a current pie
to cooperating to co-create a larger pie -- and to share it fairly. That logic can empower a reformation
of market capitalism from within that could actually be more profitable,
and thus self-motivating. We can apply
the power of computer-mediated marketplaces to let businesses and consumers negotiate
at a human level -- about the values they care about, how to co-create that
value, and how to share in the benefits.
We have begun to think in terms of customer journeys, but have been
trying to fit customers into segments or personas. Instead, we need to design
for segments of one that are custom-fit to each customer, to build
relationships with each customer on human terms.
These two logics are interrelated: a flawed economic logic for consumer platform services has been built on advertising revenue (“the Internet’s original sin”). That has warped incentives to favor engagement with junk content that sells ads, rather then the value to users of quality content. An improved logic for value will create incentives for our platforms to facilitate a logic for a better marketplace of ideas.
The brief descriptions of these new logics may sound like
just more exhortations, but the posts that they link to provide details of operational
mechanisms -- and evidence that their elements have proven effective. These new combinations of elements can
quickly become second nature, because they draw on and re-channel natural
behaviors that promise to make them highly self-reinforcing.
Many allied visions for better logics of emergence are finding
new relevance in this era of crisis. We
have only to join
together and rise to the occasion.
We say that “we are all in this together” – we need to open our minds to
really think that way, and to work with new logics and “choice architectures” that
make that natural. With better logics, our
instinctive behaviors can once again synergize to flow in increasingly enlightened
ways.
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For more about the new logic for the marketplace of ideas (and intertwingularity in general), see this list of selected items on the SmartlyIntertwingled.com blog.
For more about the new logic for the economic marketplace, see this list of selected items on the FairPayZone.com blog.
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