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I’ve created a new system called a stock market in life.

http://market.openio.org

a stock market in life is a market that uses the value generated by the immaterial labor of visitors at different urban spaces in Oklahoma City, Boston, Munich, and Istanbul. These spaces will be connected with each other via a streaming video server for the duration of the Upgrade! A Day in Life event. For each location, sensors mounted in the entrance register how many people are in the room at any one time and send this information to the Stock Market central server. The number of visitors define the fair value for each place. Each location has 100 shares and the shares gain or lose value depending on the speculations in the market and the number of people in the local rooms.

You can contribute to the value either by just visiting the physical locations or by trading in the online stock market. The market is open now, you can sell and buy shares using the buraks you will have when you register – 25ß.

UPDATE! Events take place as these locations:
Oklahoma City: IAO Gallery
Gallery with large windows to street.

Munich: Muffathalle Cafe
Interior space, no view to outside. Popular cafe, part of complex of club spaces playing world music and often holding avant garde events.

Boston: Art Interactive
Alternative gallery near Central Square, Cambridge, halfway between Harvard and MIT. The space we have for this project is an interior space with no view of the street outside.

Istanbul: Zoo
A kitsch and playful night club in Taksim.

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Reactions (4)

  1. Molly Ruggles  | Kasım 30, 2006:

    Hi,

    I work in the fields of Distance Education, educational technology, and videoconferencing; and I’m interested in the DIY event scheduled for this afternoon. Could I observe the event? If so, when and where will it be taking place in Boston? Thank you.

  2. arikan  | Kasım 30, 2006:

    Hi Molly, I just updated the post with the addresses.

  3. black  | Aralık 5, 2006:

    I want to have NaN buraks like that guy sawyer!

  4. BURAK ARIKAN » » Oolong Tea  | Mayıs 12, 2007:

    [...] Tim O’Reilly asks “What Does It Mean For Public Space to Go Digital?“. It means “A Stock Market in Life“. I designed this market so that in the future when public spaces have hit counters like web sites, the exploitation of our life becomes visible, so debatable. [...]


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