Another semi competitor: Loomio

The world needs a better way to make decisions together.

Very nice looking but has the usual limitations

  • Manual classification
  • Voting not based on scarcity
  • Subgroups (trying to to get to “roles”)
  • An app separate form normal workflow.
  • Mostly flat, not much emergence.

On the other hand, at least they have a pretty good product out there!! I applaud their heart in trying to provide a system that helps people, and groups of people, make decisions!

More competition: be-novative vs Castpoints Innovation boosting and full-cycle management platform for visionary companies.

  • Motivate your employees to share high-impact ideas, evaluate them and manage the full cycle of your innovation process like an exponential organization. CP manages the full cycle of commerce.
  • All in one platform. Excellent!
  • “Combines gamification with crowdsourcing to leverage the creativity of the crowds and facilitate an innovation culture.” Good.
  • “Excellent ideas from sources outside of your company” But are thy compensated?
  • “Manage the full cycle of the innovation processes. …globally unique approach that combines psychology and innovation methodologies…” Good.
  • “…The best proposals are validated by innovation teams and an expert-group inside the organization who democratically rate priorities to ensure a strategic fit.” What makes those groups “expert”? Democracy, majority rule, is a poor way to make decisions.
  • The vast majority of ideas are far from “disruptive”.
  • “Give commendations and award users according to their Innovation Performance Index (based on energy, inspiration, implementation and leadership dimension) and offer redeemable points'” That’s a lot of overhead with assigning value. CP’s values things emergently.
  • 4 cost of use levels, and limits. CP has 2 cost levels, free, and a small transaction fee if the event is paying dividends.
  • Its ~integrated with Facebook. Ugh. Please, do your own thing!
  • Value is kept track by “points”. I can’t easily find what points are worth? How many do people get to play with? What is the float?
  • “The maximum Innovation Performance Index limit you can achieve is 10.000.” Why 5 significant figures? There appear to be 9 levels. Lots of arbitrary and complex stuff here.

So I made a free account, made a card, and now have to wait for the innovation team. Why do I have to wait for others to get stuff done??!! I’m now evaluating “impact and feasibility” on a coffee mug. What makes my input have a any value at all?

Its a good try, and its really nice they are doing stuff. But it does not appear the main problems have been addressed: what is the scarce unit of exchange, how are things organized, what feedback is required so that things are self adapting.

In some ways this is similar to, one of the first prediction markets. Neither are integrated enough so that emergent properties can come to life.

Finally, a partial competitor: Martin Armstrong: Forecast Your Own Business

… send in the data on the sales and expenses of your business and receive forecasting reports with time and price targets to assist you in preparing for what lies ahead. We will be able to provide forecasting arrays, projections, and even reversals on your own business. Never before has such a service been provided for any company big or small with time-tested modeling.

Competition is great! Although I have not met him, from what I know, I highly respect Mr Armstrong. This effort seems to be focused on situational awareness, while Castpoints focuses on practical implementation. CP has proven suggestions that can be automatically implemented without human analysis.

We will also be providing capital flow analysis on a daily basis. You will be able to see the flows globally as Socrates tracks the dynamic flows internationally.

Castpoints will also offer capital flow info. We will see how this manifests in practical terms.

This is an exciting development!

The industry’s baby steps toward Castpoints

October 2014
The end of apps as we know them

This is such a paradigm shift it requires plenty of explaining… Imagine a vertical stream of cards, individually personalised and ranked based on who and what you care about, your current context (location, availability, etc.)

This is exactly what Castpoints does on it’s home screen! This is still centered on apps, but with attention more directly focused on information, not the app. We all offer and want things, and want to easily know the status and location of our stuff. General purpose organizational apps will be superseded a framework that correctly presents the most valuable info in the most valuable way 80% of the time. Remaining apps will help people create apps that directly add value.

The 3 critical questions:
Will this happen at the app, notification, or OS level?
One of the biggest challenges will be whether these experiences will occur:

  • Not as notifications — their purpose is to get attention. No ownership involved.
  • Not at the OS level — its purpose is to run the device. Who owns that anyway? Not the user.
  • At the app level so that ownership is protected and security is not compromised.

Will this be one consolidated stream, or multiple streams?
Maybe we will have a friends stream, a news stream, a work stream.

A consolidation of multiple streams.

Will this be owned at a company level?

People own their work, events own the aggregation of peoples work.

Peacekeeper is an organization that builds and advocates voluntary systems of emergency protection. It is based on the belief that private individuals are the most superior means of protection within their communities.” They already have an app.

First Responder Network Authority was created in created in February, 2012 and, authorized to use $7 billion. Unfortunately they are trying to rebuild the internet, cell phones, and laptops. Fail. Their ponderous about page.

The whole peer to peer sharing economy popularized by Rachel Botsman.

I define the collaborative economy as a system that activates the untapped value of all kinds of assets through models and marketplaces that enable greater efficiency and access.

Snippets from Tim O’Reilly’s presentation By People, For People that cry out for Castpoints

  • “We know about all these new technologies. What we don’t know is how to organize ourselves to use them effectively.” — An IT executive at Fidelity
  • “Software is a process and a performance, not an artifact.”
  • “The true essence of DevOps is empathy.” — Jeff Sussna
  • Mistakes:
    • “Learning to prioritize people and their needs will be a long slog.” Consider: People themselves barely know what their true “needs” are. Who are we to define what another “needs”? Provide a framework so that what they really want blatantly and profitably emerges from their typical activities.
    • ~”Big difference between paying attention to exploit vs. ability to make a real difference.” Consider making it distributed and direct. Provide a framework so that anyone can help anyone else add value, and both are paid without worry of exploitation.

Numenta’s sophisticated machine learning techniques that analyze streaming data. Numenta and CP employ the same initial concepts: nodes, hierarchy, iteration, scope, incentive, roles, and feedback (implies persistence). The primary difference is that CP is abstracted one layer and so can work with any situation. I suspect it won’t be until Ray Kurtzwiel’s singularity that the meld of people and computers will supersede Castpoints.

Update November 2015

On the far left: one-to-one communication, like messaging. On the far right: one-to-many, like Twitter, or Facebook’s own News Feed… It has also somewhat faltered in the middle of that spectrum — the “many-to-many” category — where midsize groups ranging from book clubs to corporate organizations have largely been stuck using email as the best mode for their online interactions. But in a fundamental way, that appears to be changing… Facebook… More than 925 million people now use [Groups] each month… up from 850 million just three months ago. And about 60% of Facebook’s monthly active users are also Groups monthly active users, up from around 40% two years ago… Nextdoor… is active in 80,000 neighborhoods across the U.S., which … is almost half the 165,000 neighborhoods in the country. Nextdoor sees over 11 million messages created … every day… Small Social Is Here: Why Groups Are Finally Finding A Home Online

The Past and Future of Product Management suggests moving away from data toward customer, and ultimately toward “making connections”. The magic (technically: emergent properties) is in the connections!! But really it’s not about rules for managing data, nor customers because “People be crazy” (Porter Stansberry). It’s about doing the right thing within a context.