💡Idea

TIME is the most important asset we all share equal . Our power lies in our actions and inactions, whatever we choose to do or not to do will affect the whole human timeline.

But what drives us?

Most of our time is spent on fulfilling our basic needs , the rest of it for working and what is left goes to avoiding pain and seeking pleasure.We all have the same needs, our appearance, personality and characteristics trait might be different from one another but it's all part of what makes us human. What makes us truly unique is our imagination which we try to bring into existence consciously or unconsciously. I believe our ideal lifetime would be fulfilling the best way we can our needs and bringing our imagination into existence.

Currently, we have reached a population of 8 billion, almost 70% have access to a smartphone and internet, and spend an average of 7 hours on screen daily. From a quick view of internet traffic we can see who is leading and If we combine the number of visitors of adult sites together, they rank 3rd surpassing even Facebook, Instagram, TikTok .

Even though technological advancements have made our lives easy, it has also come with consequences leading to addictions such as mindless scrolling, information overload, digital addiction in children, online gaming and gambling, social media, smartphone dependency, online shopping, cyberchondria, etc... Technology advancements are happening faster than our ability to implement them productively into our lives. Instead of us being masters of it and using it to enhance our lives, we have become slaves to technology. These addictions are not merely a result of personal choices but are deliberately crafted by design. Behind the scenes, companies enlist the expertise of social scientists and psychologists, not for altruistic purposes, but to engineer addictive platforms. These professionals, armed with insights into human behavior, collaborate to craft interfaces and experiences that go beyond utility. Their goal: to keep us hooked, scrolling, and clicking for extended periods, all while collecting and monetizing our data. "In today's attention economy,' it's crucial to recognize that our attention is a valuable commodity, converted into data that is bought and sold to advertisers. The platforms that capture and retain the most attention have the power to influence our thoughts and shape our life. Here is what some smart people had to say regarding our thoughts , and now think of why is it important to think for ourselves?

The main idea is to create a platform allowing us to share our “imagination” through goals and the routine we follow to reach it. We can vote for our favorite goals or request to join someone’s routine. The most voted goal will get support & funding. Users who are getting many requests will be able to monetize their time/routine. Through the blockchain, we will be able to record users’ interactions with one another, their goals and votes. This will give us valuable insights, all our collective interactions will give birth to a new AI which will serve as a role model for future generations. In the future we will be able to see the ideal routine for keeping us healthy & wealthy. For example: will be able to see which were the most performed routines in the year 2019. Daily: work, exercise, learn, meditate, journaling. Weekly: socialize, creative pursuit time, meal planning, self-care. Monthly: try sth new, camping and storytelling, volunteering, reflection. Yearly: 2 weeks retreat, goal setting, health checkup, travel. Decadely: family/classmates reunion, career and life assessment, psychedelic trip, legacy building, philanthropy.... well why does all this matter? Because ” we are what we do repeatedly, success is not an act but a habit” for the first time in the history of time we have the tools and capabilities to record our actions and data in a decentralised blockchain. We will own our data and benefit directly from their monetization. Users will be able to see the goals/routines and other data of their ancestors, the routine of a successful or unsuccessful person, or simply learn more about the people around them forming deeper meaningful relationships that lead to long-term happiness. As shown by the longest study on happiness.

The mission is to secure human basic needs and assist users in reaching self-actualization. Even though we are currently in the best economic times in history, we continue to struggle with ensuring the health of newborns in developing or third-world countries due to poor living conditions. It is estimated that around 6.3 million children die a year because of malnutrition. 9.8% experience constant hunger and 29% experience overall vulnerability and uncertainty around accessing sufficient food. Malnutrition doesn't just lead to death. It also contributes to stunting, weakened immune systems, and cognitive development delays, impacting children's long-term health, education, and potential. Hopefully one day we will be able to tackle this problem by reorganizing our actions. When the platform is implemented and reaches a high usage scale, it will provide raw data and the AI will help identify users' needs and provide a personalized detailed solution from our collective data to the users in need.

Why is this idea important to be implemented ASAP ? I read this quote somewhere “ We are what we repeatedly do. Excellence, then, is not an act, but a habit” and immediately had an Epiphany, my focus had always been outwords, trying to find what's missing. This quote made me reflect on my daily habits. Then sometime later, I read about the Chinese social credit system and watched the news “big tech ( Google, Facebook, Amazon, Apple ) going on trial”, lastly when I saw the movie Brexit and heard the phrase “data is the new oil” all the information started to get sorted. Time is all we have. All the benefits we now have are a result of the actions and inactions that our ancestors did before us. If those actions were recorded we could easily identify which actions/habits/rituals proved to be more beneficiary. Now we have the technology needed where we can store these actions for future generations to see. And these things are already being stored but kept private by the big tech companies so they can monetize on our data. With Web 3.0 we will be the owners of our data. Our legacy is not just the money or the house we leave behind to our kids, BUT also our DATA. The HSE will help store our legacy in blockchain, forever in servitude to the next generations. It will be as some sort of oracle providing direction and showing what's good and bad. And it will reward the users for using it by monetizing their data. Rewards will be distributed to users with the most popular goals, users performing valuable life skills activities, users following good routines, users performing ancient sacred rituals, users who took the time to vote and rank the data based on importance, and users who participated in daily tasks.

So right now we have the social credit system in China which is completely centralised by the Chinese government. We have tech corporations competing with one another to get our attention for monetizing our data and serving as ads. We have the CBDC and UBI which will end up controlling what we can buy or not. We still have FIAT too. And, an alternative will be HSE a decentralized platform on blockchain, open to the public, each one can participate, each one has equal rights peasant or president they both go through the same process.

History This is not just a fantasy of my imagination, this idea of "human capital" has been circulating among scholars for a while now and even some entrepreneurs have taken the initiative to do sth similar but due to lack of persistence and perseverance the idea has gained no traction yet. So from my research here is an overview of what I found: In 1776 Adam Smith, in "The Wealth of Nations," recognizes the importance of investing in human abilities and education for the overall prosperity of a nation. In 1890 Alfred Marshall touches upon the idea of human capital in "Principles of Economics," acknowledging the role of education and training in increasing labor productivity. In 1960 Gary Becker formalizes the concept of human capital. In "Human Capital: A Theoretical and Empirical Analysis," he expands the scope of human capital theory, emphasizing the economic value of education, training, and health. In 1961 Theodore Schultz contributes to the development of human capital theory with his work on the role of education and training in economic development. His book "Investment in Human Capital" emphasizes the importance of human capital accumulation for economic growth. In 1974 Jacob Mincer makes significant contributions to human capital theory, particularly through his development of earnings functions that help quantify the economic returns on education and experience. In 2008 Mike Merrill the world's first (and only) publicly traded person launched his own exchange where people could buy and sell his shares. Shareholders can vote and influence his life. In 2012 Xavier Dorison writes a comics book titled Human Stock Exchange In 2013 Laetitia Puyfaucher gives a TEDx talk titled Human Stock Exchange IN 2018 Courtne Smith & Filip Diarra founded NewNew (Human Stock Market) a social decision-making platform where users control the everyday decisions of others; backed by the world’s most prestigious investors such as Andreessen Horowitz, Founders Fund, Canaan Partners, Shrug Capital, Will Smith, Peter Thiel and many more. Even though the company is at an 8-Figure valuation, since 2021 there is no news about them, their social sites are outdated and their site is down. In 2018 another company called Identity Fund: Invest In People, Not Companies. Human Capital Fundraising Platform. Which now they have gone missing too. In 2018 World Bank launched the Human Capital Project: Investing in human capital - people’s health, skills, knowledge, and potential - is the most important long-term investment any country can make for future prosperity and well-being. In India today by the time children grow up and start working, they are likely to be just half as productive as they could have been with full education and good health. In 2019 HumanIPO: Turn your fans into shareholders, founded by Kirill Goryunov. The platform is live, working and has a small community of users. The best working version we have till now. In 2020 Alex Masmej the first person to do an IPO in Crypto In 2021 Amigos Social was founded by Johanan Fraanje. Amigos is a social network that connects like-minded people in real life. Their mission is to create a world where unwanted solitude is a thing of the past. They enable people to step outside their bubble and create shared adventures. Their mobile app provides a safe and fun way to interact, by hosting or attending low-key social activities. With Amigos, you discover new places, meet cool people and share special moments.

Bibliography

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Applebome, P. (1995, May 14). Study Ties Educational Gains To More Productivity Growth. The New York Times. https://www.nytimes.com/1995/05/14/us/study-ties-educational-gains-to-more-productivity-growth.html

Garton, E. (2017, September 4). The Case for Investing More in People. Harvard Business Review. https://hbr.org/2017/09/the-case-for-investing-more-in-people

Goldin, C., & Katz, L. (2023). The Incubator of Human Capital: The NBER and the Rise of the Human Capital Paradigm. https://scholar.harvard.edu/files/lkatz/files/humancapitalnber_2023.pdf

Goryunov, K. (2019, May 28). Invest in People, Not Companies: Identity-Centric Investment Model | HackerNoon. Hackernoon.com. https://hackernoon.com/invest-in-people-not-companies-identity-centric-investment-model-579413c65f17

Kenton, W. (2023, March 22). Human Capital Definition: Types, Examples, and Relationship to the Economy. Investopedia. https://www.investopedia.com/terms/h/humancapital.asp

Wikipedia Contributors. (2019, January 5). Human capital. Wikipedia; Wikimedia Foundation. https://en.wikipedia.org/wiki/Human_capital