Social Capital – The Strength of Internet Ties
With the development of the internet…we are in the middle of the most transforming technological event since the capture of fire. I used to think that it was just the biggest thing since Gutenberg, but now I think you have to go back farther (p. 36)…. I want to be able to completely interact with the consciousness that’s trying to communicate with mine. Rapidly… [w]e are now creating a space in which the people of the planet can have that kind of communication relationship…
As individuals we have two sources of personal competitive advantage: human capital and social capital. Human capital which includes talent, intellect, charisma, and formal authority is necessary for success but often beyond our diresct control.
Social capital, on the other hand, derives from our relationships. Social capital is a powerful source of knowledge, ideas, opportunities, support, reputation, and visability that is equally if not more influential than human capital.
Read how the internet enables social capital in a way that was never possibe before in hisory.