Social Vetting Makes Knowledge Tangible

by Dan Robles on 09/26/2010

crowd 1 300x178 Social Vetting Makes Knowledge TangibleThe term “Vetting” comes from the sport of horse racing where the animal is “vetted” by a veterinarian to determine if the animal is in suitable condition to race.  Today, there are many vetting mechanisms acting in society and communities.  Think of it as the referee that keeps the game fair.  This is important because if the game is not fair, people will stop playing.

Where the vetting mechanism fails, the system fails. This has happened in countless instances from the current financial crisis to nearly every product, market, environmental calamity, or political failure in recorded history – the referees who were supposed to keep their eye on the ball, did not. Likewise, where a vetting mechanism is effective, the system is efficient.

Today, we find severe problems in finance and government and people are investing their knowledge assets in social media as the place to “store and exchange” their present and future productivity – instead of deploying money or debt. As such, social vetting is taking many different forms to validate, qualify, and quantify knowledge assets in communities.

While the progression may not be noticeable, there will be a tipping point where the medium has built enough trust that it can support a currency. This new currency needs to be only a little bit more “trustworthy” than the currency it will replace. This is the point where knowledge becomes tangible.

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JasminesHernand (JasminesHernandez) September 29, 2010 at 4:21 am

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Social Vetting Makes Knowledge Tangible, [link to post]

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Gerrymac (Gerry McAteer) September 28, 2010 at 10:08 pm

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RT @socialmediayoda: Social Vetting Makes Knowledge Tangible [link to post] #socialmedia

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josephgrasso (Joe Grasso) September 28, 2010 at 10:07 pm

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Social Vetting Makes Knowledge Tangible: While the progression may not be noticeable, there will be a t… [link to post] [email protected]

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SocialMarketerX (Jasmine Lily Miller) September 28, 2010 at 9:05 pm

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Social Vetting Makes Knowledge Tangible [link to post] #socialmedia

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socialmediawrks (Linda Schenk) September 28, 2010 at 9:04 pm

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Social Vetting Makes Knowledge Tangible [link to post]

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ByteSizedTips (Virtuallinda) September 28, 2010 at 9:03 pm

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Social Vetting Makes Knowledge Tangible: While the progression may not be noticeable, there will be a tipping poin… [link to post]

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