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What price for knowledge?

30 November 2016 Jim Harrison,

In our seemingly endless quest for information, it’s remarkable how much we take for granted. We were interested to read yesterday about Wikipeida, and how this valued resource has been fundraising in order to survive. Despite being powered by an army of volunteer contributors, they have a wikihuge website to run which doesn’t come cheap. Between July 1, 2015 and June 30, 2016, the free online encyclopedia received $77.8 million in donations and contributions (up from just $2.2 million in 2007). Staggering, with some people unsurprisingly asking pointed questions about a charity building up such huge reserves of riches. But it does go to show that people see the value of, and are willing to pay for, trusted, co-created and validated knowledge.

 

At Heavenly_Labs, we trade on the collaborative creation of ideas informed by insights, the value of which is not always fully appreciated. But we believe well-informed, original and penny-drop ideas are the new IP. Ideas people ‘get’ instantly are shareable and actionable – and can be transformational. Or as Charles Sanders Peirce put it in 1878 (according to Wikipedia!): “It is important to make every idea clear, so it will be recognized wherever it is met, and no other will be mistaken for it”.

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