The Value of Networks
In the realm of innovation and technological advancement, the true value of human connections often goes unrecognized. However, as we’ve seen with network platforms like Uber, Google, and Airbnb, the power of connectivity can create trillions of dollars worth of “value’ without traditional assets
In fact, Facebook, Google, Alibaba, AirBnB, et al, could not exist if they were valued according to their physical replacement cost. Imagine what amazing works of engineering, science, and innovation do not exist today only because they are valued incorrectly.
Now, imagine applying this principle to a Graph Neural Network (GNN) of engineers, scientists, and technologists within Boomspace.
The Exponential Potential of Collaborative Genius
Unlike conventional social networks, a GNN of technical professionals represents a powerhouse of knowledge, creativity, and problem-solving capabilities. Each node in this network isn’t just a user; it’s a highly skilled individual with the potential to spark groundbreaking innovations
Synergistic Value Creation
When these brilliant minds interconnect, the value generated isn’t merely additive—it’s exponential. Every connection formed between experts from diverse fields opens up new possibilities for interdisciplinary breakthroughs.
Rapid Problem Solving
In this network, complex challenges that once took years to solve could be addressed in mere weeks or days. The collective intelligence of the network can be harnessed to tackle global issues, from climate change to healthcare crises.
The Boomspace Advantage
Boomspace’s GNN goes beyond simple connectivity. It leverages advanced AI to optimize collaborations, predict emerging trends, and identify complementary skill sets. This intelligent matchmaking of talent and ideas creates a fertile ground for innovation that far surpasses traditional R&D models.
Monetizing Intangible Assets
By quantifying the value of these connections and the intellectual property they generate, Boomspace transforms intangible assets into tangible wealth. Patents, research papers, and groundbreaking methodologies born from this network become invaluable commodities in the knowledge economy.
In essence, Boomspace’s GNN of technical professionals isn’t just a network—it’s an innovation accelerator with limitless potential. As Metcalfe’s Law suggests, the value of this network will grow exponentially with each new connection, making it an asset of immeasurable worth in the future of technological advancement and economic growth.
Video Transcript:
Network Effects: The Ingenesist Project
To borrow from a famous quote: “Uber, owns no vehicles… Google and Facebook create no content… Alibaba holds no inventory… Airbnb owns no real estate….” But they have a combined value of almost 3 Trillion dollars. This is very interesting.
Whereas most companies are priced according to strict financial performance, Network platforms provide a virtual bridge that connects people to each other. They are priced proportional to the square of the number of human connections they serve.
This is known as Metcalfe’s Law of Network Value. If network platforms create a virtual bridge connecting people, why can’t we value real bridges using Metcalfe’s law? Why can’t we value roads, airports, buildings and all manner of engineering, scientific, and technological infrastructure as proportional to the connections they serve?
The Ingenesist project uses game theory, blockchain, and artificial Intelligence to convert intangible assets into a more tangible form. Join The Ingenesist Project