The Creation of Value
What is Value?
We’ve discussed this topic before but feel it’s important enough to dive in a bit deeper. The value provided from one individual or business to another should be seen at the end of the work or the creation provided. This article shared with me by a good friend goes into depth about how the creation of our work determines the value of it more so than the time or energy expended on the work. This is true in a capistic society.
Today we see that value is created from networks of users who access a utility service online for free. The service will then sell “these eyeballs” or the attention of the users to advertisers to generate huge profits. This is the model for most social networks in 2018 and one that’s proven to be very effective. Furthermore, education or knowledge are two items which are almost always valued from a portion of the population. Growing oneself’s ability to think can have lasting impacts on the world and the person gaining the knowledge. The old saying, knowledge is power rings true on this point.
We have also seen a new type of digital value come into the world over the decade. As the internet has evolved from a nascent and niche industry to one that is accessed and utilized by nearly everyone in the population, it has transformed what value means. Much of this is speculative at this point in time of 2018 but should be seen as the start of an exciting digital landscape that should grow into something as amazing as the internet has over the last twenty years.
Finally, there is a personalized aspect to value in the digital age. People today have super specific interests, weather that’s diet, a lifestyle, work related, relationship related, an illness or cure they’re searching for, and the list could go on and on. Personalized value can also be apt to a niche or an individualized motive someone may have. With this in mind, let’s take a look at the top five types of value found in the digital age.
Top 5 Value Locations in the Digital Age