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EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch 10/05/2013 1 WITS (Knowledge backed complementary currencies) Prof. Josep Lluis de la Rosa & Dr. Teresa Bosch Lyon, Feb 17, 2010

ARlab RESEARCH | WITS, complementary currencies

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Page 1: ARlab RESEARCH | WITS, complementary currencies

EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 1

WITS(Knowledge backed complementary currencies)

Prof. Josep Lluis de la Rosa & Dr. Teresa BoschLyon, Feb 17, 2010

Page 2: ARlab RESEARCH | WITS, complementary currencies

EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 2

Knowledge is growth?A number of authors Corsani,

Moulier, Canals, claim that

So far money was not growth but credit was it

But knowledge is difficult to be converted into money itself, because one can do many copies out of it and

thus the unit of change tends to zero

Page 3: ARlab RESEARCH | WITS, complementary currencies

EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 3

WitsKnowledge backed

complementary community currency

Wits = Things that make sense in a community

wits

AGENTS (Infohabitants)

REFERRALS

CITATIONS

C. Carrillo, J. L. de la Rosa, et al., Social Currencies and Knowledge Currencies, Frontiers in Artificial Intelligence and Applications – AI Research & Development, Vol: 146 pp: 266-274, October 2006, IOS Press

¢

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EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 4

Examples of WitsCitations Cents

Referrals Counts

More examples to come (tags, answers, kudos-reputation, etc).

Page 5: ARlab RESEARCH | WITS, complementary currencies

EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 5

Example 1 – CENTS for Solving some Science Problems

misuse of peer review for selection of papers

low vitality congresses

academic path pressures

need of more, and more and more, breakthrough ideas

growing, growing, growing

Page 6: ARlab RESEARCH | WITS, complementary currencies

EASY Innova UdG © Josep Lluis de la Rosa and Teresa BoschA reviewer at the National Institutes of Health evaluates a grant proposal.

6

Peer – Review Problems

Page 7: ARlab RESEARCH | WITS, complementary currencies

EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch 7

CHANGE OF BEHAVIOR

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EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 8

SoA Solutions for Peer Reviewopen publication (arXiv.org)

double blind peer review

peers bid

peer-review 2.0 (Mizzaro)

new indexes (H-Index)

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A Potential Solution?authors pay cash for

being reviewed?

SOCIALLY UNFAIR!

Page 10: ARlab RESEARCH | WITS, complementary currencies

EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 10

Our Solution- a New Currency ¢a social currency based on citations

socially fair

universal resource

authors BID for open publication

Note: other currencies may apply…

¢J. L. de la Rosa, Outline of Citation Auctions, Frontiers in Artificial Intelligence and Applications – AI Research & Development ISSN 0922-6389, Vol: 146 pp: 299-307, October 2006, IOS Press

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EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 11

Cite this!

[Science will Benefit from Auctions]

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EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 12

Behavior of Scholars

The effect of varying the number of scientists in the audience; (IPV about the conf)

Page 13: ARlab RESEARCH | WITS, complementary currencies

EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 13

Appraisal of Sciencehow much is worth a piece of

knowledge, a craft, or a paper?

ask pals for help

they, in fact, peer review it…

more peer-review than ever!

Page 14: ARlab RESEARCH | WITS, complementary currencies

EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 14

Open Questionshow to encourage accomplished

scientist to mentor younger and new ideas

It is about transfer of [scientific] wealth

How to create contracts, loans and mentoring

dynamization: taxes?

inflation control

Page 15: ARlab RESEARCH | WITS, complementary currencies

EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 15

Open Questionstest citation auctions in real congresses and

journals

make agreements to create the (citations) currency

so far…some people think it is a crazy idea

others think it will surely work but introduce capitalism to knowledge, what is very bad!

Page 16: ARlab RESEARCH | WITS, complementary currencies

EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 16

Example 2 – COUNTS Knowledge is used for accurate marketing

campaigns

Some companies sell that knowledge

Agents are able to data mine the knowledge

REFERRALS of agents COUNTS

Page 17: ARlab RESEARCH | WITS, complementary currencies

EASY Innova UdG © Josep Lluis de la Rosa and Teresa Boschwww agents-

A Human World,designed for People

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EASY Innova UdG © Josep Lluis de la Rosa and Teresa Boschwww agents-

Copyright 2001 Agents Inspired Technologies Girona

The Search

Objective!

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COUNTS is another type of WITS

Still a crazy idea?

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EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 21

Key ideas[CC is all about taking advantage

of hidden community assets]

[Citations and auctions may impulse a paradigm shift in Science]

[Referrals and counts may impulse a paradigm shift in marketing

[Wits may result in a paradigm shift in Society]

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•••WHY NOT?

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Rensselaer – why not change the world?

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CALL FOR PARTNERS

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EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 24

We are looking for partners in a FET Open call EU project

[email protected]

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EASY Innova UdG © Josep Lluis de la Rosa and Teresa Bosch10/05/2013 25

Roadmap (of CENTS)

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Josep Lluis de la Rosa (Prof.)

¢Money is our oldest information system