Don Tapscott: Four principles for the open world

The video explores the concept of openness and its transformative impact on society. It highlights how technology, particularly the Internet, has shifted from a content platform to a computational one, enabling global collaboration. The speaker discusses the Net Generation's comfort with technology and the need for institutions to adapt. Key principles of openness include collaboration, transparency, sharing, and empowerment. Historical parallels are drawn, and the potential for a networked, intelligent future is envisioned.

What is the primary characteristic of the Net Generation?

• Preference for traditional methods

• Avoidance of digital tools

• Comfort with technology

• Fear of technology

What was the outcome of the Goldcorp Challenge?

• The company went bankrupt

• The company lost money

• The company found new gold reserves

• The company was sold

What is the significance of the 'burning platform' concept?

• It encourages staying in the same place

• It highlights the need for change

• It discourages innovation

• It promotes traditional methods

What is a key aspect of transparency in organizations?

• Communicating pertinent information to stakeholders

• Hiding information from stakeholders

• Ignoring stakeholder feedback

• Focusing solely on profits

What is the relationship between transparency and trust?

• Transparency decreases trust

• Transparency has no effect on trust

• Transparency is essential for building trust

• Transparency only affects profits

How can the pharmaceutical industry benefit from openness?

• By keeping research private

• By sharing precompetitive research

• By reducing transparency

• By focusing on legal solutions

What is a potential benefit of sharing intellectual property?

• Increased legal disputes

• Reduced collaboration

• Decreased innovation

• Fostering industry-wide innovation

What role did social media play in the Arab Spring?

• It was used to spread misinformation

• It had no impact

• It was used as a military tool for self-defense

• It caused the revolution

What is the potential of networked intelligence?

• To reduce technological advancement

• To increase individual isolation

• To solve global problems

• To limit global collaboration

What historical invention is compared to the Internet in terms of societal impact?

• The printing press

• The telephone

• The steam engine

• The light bulb