How Facebook could change the world economy
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August 1st, 2011
08:00 AM ET

How Facebook could change the world economy

Editor's Note: Venessa Miemis is a social technologies analyst, blogging at Emergent by DesignAlvis Brigis is a writer/producer/CEO currently working on stealth startup Swarmado. This project has been made possible by the generous corporate patronage of Innotribe and crowdfunded Kickstarter donations.

By Venessa Miemis and Alvis Brigis – Special to CNN

We live in stormy times. Accelerating changein technology and information is transforming our world, making it more difficult to predict and navigate. Opportunities and challenges alike are growing in scale and complexity, as reflected in massive fast-growing systems like Facebook.

It’s important to think about these things now and generate predictions and scenarios for possible futures, so that sensible actions can be taken today. In the case of Facebook, it’s worth considering the economic implications of a global network that could soon reach a billion people. FULL POST

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Topics: Innovation • Internet • Technology