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Attribution Based Economics (ABE) is a new paradigm for economics that revises several foundational assumptions governing today’s systems, including the nature of economic value and the origin of money. In this new paradigm, open source software becomes economically viable and, indeed, even financially favored over proprietary models. This talk describes our experiences implementing an early prototype for the Qi project, and also how Racket will be an essential part of the solution as ABE scales past the pilot stage.
Bio: Growing up in various parts of India, Sid had the opportunity to see and live amidst large scale poverty (from which he was fortunately spared direct experience) during his childhood. Decades later, he arrived in Silicon Valley, like so many other wide-eyed travelers from around the world, hoping to make a difference. But the solutions and attitude he saw in startups didn’t add up in his mind to true and lasting solutions that could solve all of the problems he’d witnessed from the brink, nor did they even add up to the effective innovation that startups are supposed to be good at. In the years since, Sid spent a lot of time understanding the essence of economic systems, and developed Attribution Based Economics as an alternative to capitalism and other established economic systems, one that promises to retain all of their best qualities and none of their drawbacks. Together, Sid and many generous and talented individuals in the Racket and other open source communities have begun to put into operation an early prototype of ABE. The Qi programming language is part of the ABE pilot, and the numerous contributors to this language are already getting paid from money that’s been raised! He hopes you will join him in carrying the work on ABE forward, so that with your help, our economic processes can be based on the wholesome and organic human connections that are the soil of great possibility.
con.racket-lang.org