The cost of technological spread

in LeoFinancelast year

It is our Team Week at the office, which means a lot of workshopping and planning for the next year ahead. It was a pretty busy day with that and I got a message halfway through from my wife that we are going to be homeless, as the entrance work is being done over the next few days and "on second thoughts, we can't live here" - fair enough. It is only two nights - one for me, as I am going to be staying here and trying to get some work done, while Smallsteps and my wife will stay at the grandparent's place a couple kilometres away.

IMG_20200928_180806 1.jpg

The pear tree outside the window

We tend to "see what we want to see" which generally means, our attention and perhaps imagination will manipulate our world to see what is expected, which is often what we surround ourselves with. For me - I see a lot of relationships to Hive, or perhaps it is more like I have stated before, Hive is a reflection of the real world, maintained in a microcosm. As an observer, it is why I have always found Hive so interesting.

In the workshops today we were looking at the hurdles of project implementation and technology adoption, with the main speaker introducing various models to approach this. While 4 out of the 5 were very familiar already, the problem that was identified pertained to one core thing - communication. It is very, very difficult to do anything that requires some level of social proofing without a decent communication strategy that includes stakeholders in a way that activates them to move.

I think that one of the problems that Hive faces is that there is a lack of uniform narrative around Hive, that it means different things to different people. Centralized technology companies don't have this same problem, as they control the narrative and don't rely on the users to tell the story - just spread the story they introduce. Social media platforms like Facebook were able to spread so fast because they gave a clear message as to what it is for "stay in touch with friends" (while we mine your data and interactions). Not only that - it was "free" to use, meaning there was no barrier for endusers - the cost covered by advertising.

Uptake of technology takes time, but can move very fast with social proof. However, there are other barriers to think about that it seems some don't understand. Being an early adopter is a mindset, not an action. What I mean by this is that there are barriers to entry like cost that are going to affect the uptake, even if people want to be the first to try it. For example, electric cars or solar roof panels would be far more ubiquitous if the cost was a lot less.

I would have had both as soon as possible, but financial availability definitely holds me back - not being a troglodyte or lagger - I am not resistant to change, I am resistant to having to pay the early adopter prices - at least for most things. The reality is that most people who have an early adopter mindset, don't necessarily have the means to early adopt in reality, which is why there are so many people reading about the latest this and that - but not actually owning it.

This is for me a pretty heavy potential for Hive as it allows people to "try crypto and blockchain" with a very, very low barrier of entry, considering the technology, stage of industry lifecycle and potential for gains. What people should keep in mind with early adoption is that what most people consider "getting in" on technology is actually a consumer act, not an investment. Buying the latest gadget doesn't make you special, it just makes you one of the first people to validate a business model as potentially profit churning.

However, not all consumer goods are created equal, as supporting a product is what leads to its further development. We can see what happens when we support a car company or Facebook, Google or the porn industry. What we need to start thinking about is what consumer decisions will lead us to developing products and services that will actually make our lives better - for example, what leads to cleaner air or better health, increased opportunity or improved social stability. Things that might be important.

The problem seems to be that we want the product to be finished before we buy, which means we will criticize and not support something like battery tech in cars for not being good enough or convenient enough in comparison to combustion engines, even though there has been 100 years of development on the engines while not much was moving on the electric motors in this area. Perhaps with a 100 years of support, things would look quite different, including how we generate the electricity they need - while combustion engines will always need oil to burn. Who knows, perhaps there will be a way invented to completely process the exhaust fumes and turn it all into something that benefits our environment and health. I don't think that is a good vision to support though.

I see blockchain, crypto and Hive as visions for the future, something that is not complete but needs support. We are early adopters who hopefully make the model "viable" enough that it will get further developed and start to solve more problems, making it more publicly inclusive - the barrier of entries come down. Even though the price of some components (for example a particular token) can go up, the ubiquity of the technology through society can make some level of it reachable to all, much like most of the technology we are surrounded with today has gone through a thousand iterations based on the support it has received to do so. Very, very little gets developed without market potential - we are the market.

It is an interesting world we are living in now, so much uncertainty while at the same time, there is so much to look forward to technologically. We should really be sitting pretty as a species, yet here we are on the constant brink of war with a million and one things that are making us ill or causing us harm in some way. Perhaps crypto is the kind of technology that helps us rediscover the connection to real value and how we can use it to affect our reality.

People are expecting it to be like the spread of social media, but perhaps it is more electric car. After all, while everyone might want the gains, not everyone is willing to pay the costs.

Taraz
[ Gen1: Hive ]

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Just like you have stated, I equally see Hive and other second-layer tokens as projects that will yield mouthwatering profits in the future. However, it needs our supports via promotion and marketing. I'm glad to be an early adopter

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marketing, promotion and content creation, distribution and support. The community is the most important part of Hive, it is made up of real people :)

There's power in community and as a community we should focus on growing the project. Hive will not grow on its own; we the community have to make it grow.

A united voice that contains all or most of the beneficial elements in life, such as some of the top business slogans can indeed be good for Hive. Especially if it's focused upon the low point of entry.
Maybe someone must do a slogan competition?

I am now talking to a "displaced" person here and we are too far away to supply you with blankets, or anything else from the charity, but I am available for counseling during the lonely hours hahahah.

A slogan competition might be something that @theycallmedan might want to run after the elevator pitch initiative. :)

"displaced" :D Definitely not in the worst place in the world, but dis place is not home :)

I listened to the loss of @theycallmedan on his 3Speak video and decided not to comment on it.

I have an idea of what he is currently going through with the loss of his mom, as my own mom passed away unexpectedly at the young age of 51 in a car accident. Just as bad my younger sister passed away from a gunshot wound to her head and she was in her early 30s. I could not say good bye to either of them!

Consistent slave driving and long hours of work helped me a lot during those times, but it also cost me a lot of health issues later in my life.
So no, I will not suggest it to him now, as he has a lot of things to work out!

Yeah, you are right dis place sounds like this place is not home, but wait until it is finished then dis place will turn out to be a lovely home lol.

There seems to be so much pain in this life and I wonder if it is the way it must be, or the way we have created it to be. Perhaps before or later, these kinds of pains won't have the impact they do now. However, I think that loss is what makes us value life. If there was no death, I am not sure there would be any life.

I figured it might give an easy and possibly a fun initiative - I am sure it would bring a lot of silliness at least :)

So true my friend, so very true. Every death had me looking deeper at life, at the root and it remains hidden in mystery. Saw many opinions, past and present, but not one can come even close to truth. A mystery that mankind has been researching for over the ages and yet with all of our modern technology, the doctor that did the cancer surgery on the brain of our young friend last week told the family that they do not yet understand many sections of the brain. Not yet? He should have said never lol.

Since we have started manufacturing our own food, incidents and here we try to keep things as natural as possible. of cancer and other illnesses have increased dramatically

You are right, as it might be good for him and I didn't think about that.

Excellent comparison of cryptocurrencies (HIVE) with an electric car. They often look at me as if I'm not talking about cryptocurrencies, but about something cosmic and unresponsive.

It is a funny thing that while there aren't many people in on crypto - there are lots of people with opinions.

The hive will grow just not fast. It will retain those that are patient and creative. it's a weird one when you explain it to others their immediate thought is "oh I'll make loads of cash" when the reality is it will take time and effort. I think we mentioned it recently in commenting that those who are happy to put a creative effort in as they enjoy that as a process will stay and grow and eventually thrive. Those that just perceive it to be a post and earn won't see a quick enough return and fall by the wayside.

I find it interesting on Hive (or crypto in general at how many people think that it is a get rich quick scheme that they have the ability to play easily. People talk about how the money isn't worth it here - but don't recognize how hard it is to get any traction elsewhere - as if going viral is within everyone's reach.

Enjoy what you do and if the rewards don't come - at least you enjoyed what you do.

Hopefully, with time the merits of a decentralized economy will blossom in their thoughts. The technology is very new and many aren't willing to risk it.
But the hive seems to reduce the risk thereof. By creating outstanding contents, we get value unlike other social media platforms.
We hope with time, people will see this technology has come to stay

The risk as a creator on Hive is pretty much zero, other than some wasted time perhaps. Investing to buy carries risk, but the upside potential is so large it might just be worth the potential of losing a little disposable income to it.

Homeless being relative, of course. There is "We have lost everything and are now living in the cardboard RV under a bridge" and 'We are staying with my parents for 3 days while we have a major renovation done on our house'. Huge difference.

We are approaching a tipping point with electric cars and solar (and wind) power. Here in the Southwest where power is relatively expensive (as opposed to the Northwest) and sunshine is incredibly abundant Solar power is very close to 'same cost' for addition.

Battery technology is moving at breakneck pace right now. Changes in basic chemistry and materials used is bringing price and environmental costs down on a steep curve. Legitimate 400 mile single charge cars exist now and the price is dropping.

Is Hive keeping pace? When viewed through that lens I think the answer is clearly yes. We are not to the point of minimum viable audience, but we seem to gain a little net every day. Activity is clearly down (I blame price which is a dumb thing) when viewed as posts, but individuals seem to be staying active with commenting and engaging. There is clearly more here than price OR activity will adequately measure. Minimum viable audience rears it's head.

Early adopter cost is an interesting concept. It's always there, but often it isn't particularly money driven.

Definitely a huge difference - we aren't homeless - we are displaced for a couple days :)

I think we are getting to the tipping point for those too - there is enough gravity now that they will attract new users and therefore investment. A clean source of energy is hopefully not too far away. The combination of energy supply and increasing automation will mean we might have a lot of energy and time on our hands - what will we do with it?

At some point, there will be enough gravity here too and thinking that with that energy, time and the need to find something to do - we might be very well placed - especially in these early days where there is still the need for earnings - even trickle revenue streams will be valuable.

Ohhhh boy. I can speak some to the effect of a trickle stream stopping suddenly and unexpectedly. It made me tighten up my financial world :)

About your photograph. At first glance, I saw the background as primary. I looked carefully at the photo and now that I know what it is I can't unsee it. I think maybe Hive might be like that. I just don't think we have enough users that have seen what it really is yet.

It is a funny picture, isn't it? The shadows give it a 3D effect too :)

Oh, and I agree - not enough people see what is really going on here. When they do...

Maybe most people do not have proper orientation about cryptography and blockchain, that's why shy away.
They think it's not popular but however do not know the benefits of it.

You are right when you say thay Hive means different things for different people. We can all observe how social platforms online can illustrate different aspects of the human personality. Some choose to hide, some choose to reveal themselves. I think that in longterm nobody can put a facade without being unhappy. In the end, humans crave for genuine connection more than for mere validation

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