Paula Schwarz
Nov 1, 2017 · 8 min read

Leaving The World Economic Forum – The Birth Of ‘Datanomics’.

(…Announcing the launch of the World Datanomic Forum)

My name is Paula Schwarz.

I am writing this letter to say that I am leaving the Global Shapers Community of the World Economic Forum.

What is the World Economic Forum?

The World Economic Forum is basically the most powerful economic decision making council on the planet.

It‘s a bit like the Vatican of the economy.

Why I am leaving — belief in more equal possibilities and rights in the economy.

I will go a bit deeper on my specific reasons in the next paragraphs.

The main reasons to leave the World Economic Forum however are very simple:

As a person, I want to shift my belief from a world that is organised by and centered around a small group of individuals to something that is bigger than that — less ego driven, for the well being us all. For the future of humanity, as cheesy as it may sound.

I call these new dynamics Datanomics. We go from Economics to Datanomics. That‘s why I don’t want to be part of the World ‚Economic‘ Forum. I think it‘s yesterday‘s forum. I want to create and be part of tomorrow.

Congratulations to you, you have arrived in the future. Now, please take the next few minutes and stick with me.

When people in the World Economic Forum heard of this decision, they tried to persuade me to stay by offering new titles. This further strengthened the decision to leave in the rise of something better — and of course the incident made me a bit sad.

I think we are all leaders — and we should be.

As a very general intro to Datanomics, let’s first please go back and start with a simple description of the term ‚Economics‘:

Economics is „a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services“.

[Source: Wikipedia]

So now, here’s a simple description of Datanomics:

Datanomics is a social science concerned chiefly with the distribution, coordination, usability, accessibility and production of goods and services according to their maximum usage for a closely defined group of people.

Some easy history on Datanomics and Economics

In the industrial age (with the start of mass production basically), people had to function as parts of an ‘economy’-based system — a system that was created (of course) to produce much needed products and services. Look at the description of economics again if it helps you — if you don‘t need it just ignore the following description.

Economics:

Economics is „a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services“.

[Source: Wikipedia]

…We didn‘t have those cool, super smart machines back then.

So what did humans do?

I mean, we are super smart right?

Correct! We basically turned into machines.

We started to produce and produce and produce, and to fight some more over products and to make people want the products they produce so that basically everybody wanted to stay in this system of production because everybody thought (or still thinks) that they want those products.

Humans got up in the morning and functioned. Having a heart was not appreciated because — what can you produce as a worker in a factory with your heart? Will it not make you be late to your shift?

People started feeling that a sense of security and coverage of their basic needs makes them happy — but there is a limit to material happiness.

Anyway, we will touch on this later again.

What is important now is that people started to believe that products would make them happy and that the services they use (like electricity, healthcare, water, food etc.), are organised by the ‚economy‘- so it was basically impossible to step out — there was no alternative.

To make things very short without a lot of bla bla — then came the internet.

We were suddenly able to organise production in a much, much easier way.

Things just became so much less complicated! It was very scary because it changed so many things.

To compare: think about how hard it was for companies to go from offline to online, and now think about how hard it will be for the world as a whole to shift from economics to datanomics.

We have to be patient but we have to make the change.

Now, going back to those historic facts.

With the beginning of over-production, people who are organising the system were making citizens run around like crazy all day to ‚serve their mother country‘ or to ‚create economic growth’ for their country — for some stupid job. Basically to be machines, but suddenly these people in power had a problem.

They still have a problem.

These people in power are heavily dependent on the current market dynamics and economy — they are afraid of what ‚normal’ people will do with too much time on their hands.

What if you, yes you the reader, won‘t have to run around like a monkey all day anymore to get your kids into college some day?

Some decision makers started to see this datanomic turn and to be kinder to their people (the Estonian government for example), while other leaders turned more and more to cultural and religious fundamentalism (like the Turkish government)…back to the roots — close that door to collective knowledge and progress for the people.

Why?

To stay in power.

I personally protest that. I have no interest in being part of any kind of power structure.

I see how scientists like Galileo, Steven Hawking, Einstein and Newton had to battle with the church to speak the truth.

I want the system to change, and for this reason I cannot stay in it. I cannot be part of the church and still be a scientist.

I cannot be part of the World Economic Forum and believe in Datanomics.

My heart would bleed so I cannot do it.

More power to the people — I want to be a human being like everyone else — and push for a more equal society around the principles of Datanomics.

Bye bye World Economic Forum, bye bye.

The Beginning Of The World Datanomic Forum

I am hereby making public that, together with some amazing minds who want to stay anonymous for now, I recently founded the World Datanomic Forum.

We are in the process of organising the first gathering.

More background on the replacement of Economy though Datanomy

Again: I think we can agree on the fact that we have come to a point in time in which we can produce more material items than is good for us and also for our planet (look at obesity rates, over consumption and the devastating state of the earth as only a few examples).

You don‘t have to like me personally to see this. It is common sense.

Now, what is also common sense is that we don‘t have the mindfulness and the integrity as human beings in our society today to make the right decisions about the things that happen on our planet.

We still have wars.

We still fight over things that are so, so stupid to fight over in datanomic terms because we have way more than enough of them (like food).

We are moving into a new aera of production that is centered around covering the actual needs of people according to very clear data.

Why Datanomics?

The reason why humanity must shift from Economics to Datanomics is the desire to move human beings from a need for ‚economic functionality‘ to their right as individual, beautiful and free parts of a collective society in which people trust each other. Living in a Datanomy, we talk openly about what decisions should most likely be taken by groups of people (or a society) in order to achieve the maximum well-being of people in this society — according to data.

What About Politicians?

Computer sciences have allowed for new, different laws to govern our system today.

If Datanomics as an alternative to Economics is introduced in the right way, the role of politicians should fundamentally change because we will all be able to take decisions more actively every day and shape our own reality — and also the reality of everyone else who lives in the same society.

(Datanomics obviously only works in a society where the number of citizens, as well as their abilities and their needs are well defined.

Call me naïve, but I don‘t think this is problematic because we truly are all not so different from one another — we have the same basic needs and we have track records that show what we can and cannot do in a professional or non-professional way.)

We will still need politicians to solve ideological conflicts — mainly around spirituality, ethics, religion and morals as a whole.

It would be nice if politicians could even help with onboarding people into this new belief system — regardless of any ideological fundament — to promote the maximum well-being of society according to data.

(There are many more things politicians can do — we‘ll get to that in the next article.)

Datanomics opens the stage for entirely new markets and calculation of value

Data tells us what the people want –

It all has to do with making promises we can keep — while keeping in mind the goals that individuals have expressed based on their behavior and actions.

Data speaks louder than words.

It‘s good for society and it doesn‘t have to be intrusive. It‘s like keeping a diary of what worked for you and what didn‘t — based on very clear metrics.

No Facebook bubbles. No swear words. No unnecessary discussions — just facts that speak about the truth behind the actions people take, and of course about the current state of our planet.

Data allows us to build bridges across borders. It‘s the one language we all understand.

Let me write this again:

We can finally understand each other in a common language.

Consumption & Over-Production

Think about it:

We will not be able to cope with all the things we produce, so we have to think about what we collectively need. Otherwise, we will continue to harm our planet. We need to look at the data. If you don‘t want that, you are being harmful to our planet and for society as a whole.

Think about how much pollution and harm large corporates create to come up with much desired products.

Think about how much you share and about how little you have to hide. Again: Datanomics doesn’t have to be intrusive.

Once we move away from ‚producing‘ good products, the real value will be in ‚being‘ a good human being.

After all, what makes you happier?

A larger number on your bank account, or the prevention of war in your home country?

Who are you without all the crap around you?

Is that really everything that defines you? Is that what you want? Shoes? Clothes? A house? Is it not love? Freedom of thought? Freedom of the mind?

Why do you not want better legs? Why do fitness lessons not costs 750€ a pair — like nice Valentinos (well, maybe they do, I‘m a self-learner so I wouldn‘t know).

If Google has so much data that can make the world a better place, the fact that they are not using it for the greater good of society in my view should be illegal.

I thought long and hard about it and I truly think this behavior of massive, tech companies like Google is unethical, and that we should have a discussion about that.

To everyone reading this:

I know you are afraid of change, but where we go from here is, according to Datanomics, a choice we will continue to make together.

Isn‘t that nice?

Congratulations, you are part of the next generation.

(Bye bye World Economic Forum, bye bye).

Paula Schwarz, Berlin.

October 31th, 2017.

1st introduction to Datanomics:

https://medium.com/@PaulaSchwarz/basic-datanomics-2206abb34d40

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