We still use industrial age moral codes in a digital society. It’s ineffective & creates a divisive society. We need a digital bill of rights

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One of the many things that Donald Trump’s presidency made clear is that we need a digital bill of rights. A legal code to outline and protect the digital rights of global individuals and a system formed from our current systems of informal rules, mores, and norms. Because at the moment, we’re applying industrial age moral codes to digital age society which is not only ineffective, but divisive in the societal outcomes it produces.

We need a digital bill of rights designed with an understanding of the nuance of digital life. And understanding of how digital life increasingly interacts with the physical world. A set of rules that distinguishes between digital and physical realities. …


Biological passports, moral dilemmas, nationalism, stimulus, inflation, cold war-style proxy fights, digital gentrification, the evolution of remote work, and more.

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What I like about the near future is that we can draw on past events to inform likely future outcomes. If we experience X and Y events, we can expect that a Z event is likely to follow. This type of prediction is a little like following a trail of breadcrumbs to their logical conclusion.

It’s important to look ahead and try to predict what comes next. Regardless of whether or not all predictions are correct. It’s important because it allows us to build an action plan for what might come next. Good predictions are a little bit like guessing the word on Wheel of Fortune. …


What your options look like and how they’re changing

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The Covid-19 pandemic accelerated the shift to remote work. For knowledge workers, this lifestyle change placed the world in their hands. And among the many changes it brings, remote work is causing societal structure to undergo a significant evolution, creating a new class divide. Through this evolution, society is leaving the late industrial and early information age blue collar vs white collar class structures behind. Now, with the mass adoption of remote work, we are beginning to see class differentiation shift towards location-dependent and location-independent work. And the emergent location independent class is forming as a Sovereign Individual class.

Think of this fundamental class change as the adolescent years of the information age, ie: the digital age is the teenage lifecycle of the broader information age. Like a teenager, society is going through an awkward transition from purely physical reality, to a digitally enhanced existence. Work that has required traditionally present labor can now be done digitally. Remote work now enables this emergent social class to reprioritize their wants and needs. …


Nationalism creates a zero-sum prisoner’s dilemma making global cooperation unlikely. Therefore bitcoin will survive regulation. Here’s why.

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I had a great exchange with a reader in response to last week’s The Sovereign Individual Weekly Newsletter. The reader asked, “The moment the dollar is threatened by crypto assets as the reserve currency of choice globally, why won’t the USG simply outlaw owning or trading in Bitcoin (and other crypto assets)? Are you aware we did exactly that in the 1930s with gold?”

It’s such an important question.

I realized that my answer combined many themes from TSI Weekly together. So I thought I’d rework my answer, provide some additional thoughts, and share it with my broader digital community.

My short answer: With nationalism on the rise, the concept of crypto regulation traps government’s in a prisoner’s dilemma. This means that to successfully regulate the decentralized crypto industry, nation-states must work together. Otherwise, they risk being taken advantage of economically by peers on the global stage. And although it would be rational for all nations to work together, the global trend of rising nationalism makes it unlikely this will happen. Instead, we will see zero-sum scenarios emerge which incentivize little to no cooperation. …


Information Capital Assets are like a digital spider web, they capture value via an integrated network.

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In order to thrive in the digital age, Sovereign Individuals must accumulate information capital assets. These information assets are like a digital spider’s web, they capture an increasing amount of passive value when networked correctly. And these assets are a critical element of building digital age wealth, influence, and personal freedom. Here’s what they are and why they matter to wealth creation in the digital age.

Capital assets are types of property or rights to possessions that a person owns which produce a future value. Land, stocks, bonds, patents, art, businesses, commodities, or contracts are all expected to provide the bearer with future value and are considered capital assets. …


Organizations now overlap and conflict over global communities like the medieval church & feudal state

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While researching and writing about global politics in the digital age, I came to a realization. The world exists in a state of feudal anarchy. As globalism grows, organizations lay claim to the allegiances of people around the world and across traditional geographic borders. Local, national, and extra-national governments (EU and UN), religions, individual identities, and ideologies all lay claim to the loyalties of people.

And at times, the needs of these organizations can come into conflict. They compete for the loyalty and support of their overlapping people. …


Becoming a Sovereign Individual is a path to personal freedom.

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The Sovereign Individual: Mastering the Transition to the Information Age, provides an incredibly accurate roadmap of the Information Age so far. Yet the book was written 20 years ago! Before the invention of the mobile internet, before remote work, and before communications platforms like Facebook. Despite being published so many years ago, the book still provides valuable insights.

But why should you care?

I read it and I’ve gotta say, the lessons are remarkably relevant in 2020. I found it a revealing backdrop for societal changes that are happening right now. And these changes are impacting your life whether you realize it or not. …


A job doesn’t have to be a life sentence. Here’s why.

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Photo by niu niu on Unsplash

They say you either live to work or work to live. But why not a little bit of both?

There are many types of career paths a person can take. Some are well-established trajectories like the consulting industry that use a formulaic process for career advancement. While other careers such as starting a company are uncertain and require a figure it out as you go mindset.

At various points throughout life, it’s common to ask yourself - what do I want out of life? Do I want to follow the herd or set off on my own like a lone wolf?

But these are usually tough questions to answer. Especially given that the career choices we face come with unique tradeoffs. …


Zero-sum nationalism is created by historic economic events.

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Photo by Mat Reding on Unsplash

The world is fragmenting and its fueled by zero-sum nationalism. State leaders adopt protectionist policies to benefit their countries and extract value from the global community. In this new political era, there is such a thing as a greatest nation status. And you achieve that status by beating out other nations to the “top”.

This shift from globalism to nationalism has taken place over the past 15 years.

In the backdrop of this policy shift, new integrative and digital technologies bring global communities closer together. These technologies create a melting pot of culture and mutually beneficial commerce, all while populist movements sweep the globe. And while technology brings people together, these movements advocate for policies that promote global disintegration. …


These programs and subsidies could attract remote workers and improve local commerce.

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Photo by Magnet.me on Unsplash

Imagine this, your boss calls an all-hands meeting and lets the team know that the office will be closing permanently. All employees are being shifted to remote work.

You’re now free to move anywhere you like as long as it’s within plus or minus 3 hours of your current time zone. Any distance beyond that will require a salary renegotiation. It’s not unprecedented, this is the new world we live in.

Hurray! The world is now your oyster. You can re-evaluate all your wants and needs and move to a location that better suits those needs.

Maybe you want to pay fewer taxes, explore Europe, live in a place with better healthcare, or better schools. You are free to make choices that were previously restricted by location-based work. …

About

Doug Antin

Subscribe @ https://dougantin.com/ I publish original content + TL: DR news roundups to help digital age workers adapt to modern society's challenges.

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