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Can multiple identities multiply the economy? (3:32 length)

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Published on Apr 5, 2013

See http://expandiverse.com/ to learn more.

INTERVIEWER: What are the economic implications of multiple identities? What does that mean in terms of me as a breadwinner? Me as a person who has a job?

DAN ABELOW: You certainly can't clone the number of hours that you have in a day. But you can add to your relationships, to the things that you do.

Let me give you an example. Let's take it macro and then take it to the individual.

Macro level: A university with 20,000 students in its population; 30,000 or 40,000 students in some of them. It graduates a certain number of graduates every year. Let say it graduates 10,000 people a year. Over a decade, that's 100,000 graduates.

Now, imagine if those people could have multiple identities and each identity would have consumption needs, things they want to do in the world, and they need products and services to do that.

You are talking about multiplying markets in terms of numbers of people in them, but you don't have to reinvest in educating all of those people. They all have university degrees. They all have years of experience on the job.

They're all knowledgeable, smart people that digitally can say, "There is something I want to do with my life. I'm going to go do it. When I do, I need certain products, services, resources, relationships to do all those things. At the very least, I need all the digital connections, digital tools, the tech stuff and services that go along with that."

Businesses, economically, can look at the possibility that markets can multiply without having to have associated investments in creating the people, the education, and the resources to do that.

From an individual's point of view, it depends on what I want to do. I know that many people would like to be able to take more time off from what they do. They'd like to able to pursue other interests.

The answer could be, "In an Expandiverse, I still have a job, I'm still focused, I'm still me. But I take the part of my life where I want to do something else. I give it another identity. I've got me. I've got all my tools, my resources but I've also got a way of compartmentalizing that and saying, "That's the author side of me." Or, "That's the consultant side of me." Or, "That's the person who helps other people with non-profits". Or, "Because it's a digital world, this is the part of me that works with people in other parts of the world to help them."

You get to have identities that allow you to become the people and lives that you would like to have.

But in today's world, you wind up getting cut off because they don't fit inside of the kind of person and identity that today's society allows us to have.

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