SXSW 13, Sam Lessin
Storified by · Tue, Mar 12 2013 13:43:03
RT @afairweather: "Technology operates on two axis: 1. Making things 2. Moving things" #sxsw #idplus30
"Moving things subdivides into: 1. Moving atoms 2. Moving bits (data)" #sxsw #idplus30
"Over 1000s of years we've gotten very good at moving atoms - transport / travel etc." #sxsw #idplus30
"We've also developed technologies for moving information (bits) over both space and time (e.g. clay tablets)" #sxsw #idplus30
@lessin: we have reached an inflection point where the speed of atoms is slower now than the speed of bits. #idplus30 #sxsw
RT @afairweather: "But improvements in speed of movement of atoms does not track speed of movement of bits (or vice versa)" #sxsw #idplus30
"Access to more info = better decisions = more happiness" #sxsw #idplus30
Social capital accumulation is slow. Debiting is usually very rapid. #idplus30 #mslgroupsx
RT @McClennan: In past, trust had been time based, not tech based. Tech is now substituting for time #mslgroupsx #idplus30
technology doesn't really exist - it can only read our ever changing identity and is not matter of money & trade #idplus30
Lessin believes that social fraud is actually getting harder & harder to perpetrate because IDs are harder to fabricate #sxsw #idplus30
#idplus30 Sam Lessin : social hacks are changing fast due to new technology.
What lessing is talking about sounds like a Godfather System: trading based on social benefits and costs (like that horse?) #idplus30
When social capital is readily available and easy to access, external validation (e.g. college diploma) is useless #idplus30 #sxsw
RT @cyberandy: #sxsw #idplus30 we will not need trust proxies like Universities - same applies to central banks - we got that too
RT @McClennan: The only real currency is uniqueness, which will be interesting when it comes to baby names #mslgroupsx #sxsw #idplus30
"Our system of money and foreign exchange is actually only about 150 years old. Hence the hack of central banks." #sxsw #idplus30
Lessin believes that cash has peaked in usefulness and usage, and that the social economy will reaccelerate #sxsw #idplus30
@McClennan uniqueness is in the graph (relationships carry information), don't worry about labels…or names :) #idplus30
