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The Importance of the New Economy of Knowledge Sharing

NewsBTC
NewsBTC
Last Updated: June 22, 2018 6:45 pm
4 mins read
askfm, askfm 2.0, blockchain

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Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
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Strict editorial policy that focuses on accuracy, relevance, and impartiality

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Joseph Badaracco once said, “In today’s environment, hoarding knowledge ultimately erodes your power. If you know something very important, the way to get power is by actually sharing it.”

Throughout human history, society has undergone paramount technological changes in three industrial revolutions. The first revolution took place in 1765 and it featured mechanization. The second revolution that took place in 1870 is the most famous revolution because mass production began to take over the world. Finally, the third industrial revolution happened in 1969 and promoted automation.

Technological progress has not stopped, of course. Today, technology is still changing our lives. Drones deliver goods, Siri helps with booking the newest restaurants, shops operate without cashiers and rather perform with contactless payment solutions — these examples are just the tip of the iceberg.

Right now, we’re standing directly in front of a new wave of technological innovation — the “4th Industrial Revolution,” or “Industry 4.0.”

The Fourth Industrial Revolution, finally, will change not only what we do but also who we are. It will affect our identity and all the issues associated with it: our sense of privacy, our notions of ownership, our consumption patterns, the time we devote to work and leisure, and how we develop our careers, cultivate our skills, meet people, and nurture relationships. — Klaus Schwab, The Fourth Industrial Revolution

Logically, the Fourth Industrial Revolution builds on the advancements made after the third one and is dominated by digitization. Its core components are technologies such as artificial intelligence, the internet of things, blockchain, robotics, biotechnologies, quantum computers, and many more. These technologies are disrupting business models, social interactions — and life in general.

Today we’re surrounded by innovation — we live in smart cities, build smart houses, drive smart cars,and cater our digital profiles and online personas.

At the same time, with the implementation of artificial intelligence, new technologies are unleashing new demands in the global job market.. In the new era, unskilled and/or uneducated workers are at a disadvantage, and robotics and artificial intelligence will soon be superior. Thus, the focus is shifting to training, talent development, self-education, and life learning.

According to the “Future of Jobs” — a report issued by the World Economic Forum — 35 percent of core skills will change by 2020, resulting in the following top skills being predicted to dominate the global job market:

  1.     Complex problem solving
  2.     Critical thinking
  3.     Creativity
  4.     People management
  5.     Coordinating with others
  6.     Emotional intelligence
  7.     Judgment and decision making
  8.     Service orientation

Thus, one may conclude that individual success will hinge on profound, well-developed social skills — rather than narrow technical skills. Emotional intelligence and expertise are growing in demand.

ASKfm 2.0 is standing on the cutting edge of Industry 4.0, promoting the global idea of a knowledge economy. From the perspective of knowledge economies, knowledge itself is viewed as an asset which can create economic value. It can be traded and may form capital.

The knowledge economy is possible without technology, but in combination,it gives a synergy effect that can boost any industry. The combination of industrial progress, technological development, and knowledge are the driving forces of this era.

ASKfm 2.0 considers knowledge and information as the two most important assets available to humanity today. In this regard, ASKfm is upgrading its platform.

Created back in 2010, ASKfm is standing strong with 215M users and 600 M questions asked monthly.

ASKfm 2.0 is engineered to help people share knowledge and information — only shared knowledge can be multiplied. By making blockchain an underlining technology, ASKfm 2.0 is democratizing the knowledge economy environment, making it independent and self-regulated.

Knowledge will be tokenized by introducing the ASKT token. Users will be rewarded for content creation and activity performed on the platform with ASKT.  Our rewards model will encourage quality content, further proving that knowledge of every individual can be an asset. Token holders will act as market players, supplying and consuming knowledge generated on the platform.

ASKfm 2.0 believes that sharing knowledge correlates with one of the basic trends, introduced by Industry 4.0 – life learning and self-education. The most natural way to find new information is to ask. Not only can you ask your questions and pick out the best answer, with ASKfm 2.0 you can transfer your own knowledge and make it a liquid asset as well.

“Let us together shape a future that works for all by putting people first, empowering them and constantly reminding ourselves that all of these new technologies are first and foremost tools made by people for people.” — Klaus Schwab, The Fourth Industrial Revolution

Powered by technology, ASKfm 2.0 is created to serve people and multiply their wisdom.

 

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