Haydn Shaughnessy, Co-Founder, The Disruption House. Presented at Crowdsourcing Week Europe 2015. For more information or to join the next event: http://crowdsourcingweek.com/
3. How different is
the economy
now?
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Green line - on trend global
trade in goods (2008 - 2013)
Blue line - on trend GDP
Red line - World import volume
(2000 - 2013)
Global imports in goods beyond 2015
Trade elasticity data suggests the global trade-GDP growth link is over
The growth of complex global supply
chains is stalled. Instead we are layering
services into existing economic activity.
4. A strange piece
of additional
data
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Cross border Internet traffic
2008-2012 49% CAGR
Trade in goods 2.4%
For the most part leaves no monetary footprint
6. The Rise of Integrated Business Platforms
More trade is gravitating towards
business platforms
Integrated procurement, e-billing and
receivables
With a payment layer
In some cases (Alibaba, Ariba) with a
lending layer
And soon with an FX layer
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PUBLIC
PRIVATE
Challenge conventional commerce with more
contextual information, one stop shop, low unit
cost
7. The effect of
platforms
1.Highly efficient and highly
scalable at low friction
2.But - Apple owns 95% of the
profits in smartphones; c50% of
consumer electronics firms are
financially stressed
3.Amazon Local and Uber suck
margin out of local communities
and centralise wealth
4.Work becomes piece-work,
which creates ambiguity around
welfare
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8. The common
pool resource
1.In the 1990s we began thinking
about shared IP under creative
commons
2.Today we need to think about
the ecosystem as a common
pool and to define its common
pool elements
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9. Data is a
common pool
resource
In place of restriction on data we
need to foster systems that allow
common pool management
In place of negotiating with large,
centralised data platforms we need to
inform electorates about this
invaluable economic resource
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10. Economic
imbalance
Platforms are invaluable but
so too are the ecosystems
around them
Can it be corrected by
diverting the value we
commonly create to different
forms of employment or
entrepreneurial crowd
platforms?
Better tax regimes for the
ecosystem not the platform
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11. Ending
Make the hidden economic activity visible
Create metrics that highlight its value
Identify the contribution of the common pool
Distribute that value as opportunity
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