| Episode #: 90 Show: National 10 Airdates: Mar - Aug '02 (see Programming Schedule for specific airtimes)
| |||
| | |||
| |||
| |||
| Broadcast
Excerpts News Desk: Mark: Imagine a resource of 100 billion web pages of information. What kind of opportunities would this type of resource provide? Some say this mega-information complex would be the pinnacle of organized knowledge, comparable to all the great libraries in history or the world's most succinct encyclopedias. Others say its just a big data dump, confusing and overwhelming, but the founder of WSN, known as the World Server Network, believes that this is the future of interaction between the highest level corporations of the World. He believes it is the future of the way we live, work, and play. Penny: In other words, Mark, the Information Age will change every aspect of our lives. But will it really improve the standard of living for the 6 billion people populating our world? The US Department of Statistics states that by the year 2003 there will be $851 billion dollars of business conducted through the Web between US companies alone and some $591 billion amongst the rest of the World. Staggering, as this figure may seem, WSN believes it but scratches the surface of the potential for commerce on World Wide Web. And this special is dedicated to investigating the chaotic change taking place in the world economy, global financial markets, international business, and geo-politics and how it stands to improve the quality of our lives, ...... is your host. On Camera: ( ) If we were to look into the future, the economic, social and political scenarios predicted by the Pundits, over the next 25 years, are extrapolations into an age that is believed will provide important insights to those who surf the Web and may potentially assist in their financial success as they embrace the evolving global economy. Narration: WSN is an Internet Business Incubator and holdings company, with over 1,000 joint venture business domains and over 1,000 charitable foundations. It generates training, advertisement and transactional income through online community building and profit sharing. WSN TV 1, one of the company's subsidiaries, also plans to spin off 1,000 WSN corporations by using the resources of one million members. The company boasts of being a medium for exchange of intelligent information between humans, reshaping the economy, society and political history. First there was the printing press, then came the telegraph, the telephone, radio, TV, the Internet, now Broadband Internet. The Execs at WSN say they can see a lot of investment opportunity in public and private equity markets around the world, including debt, currency, commodity and property markets. On Camera: In the next decade a lot of people will lose jobs because their employers will have disappeared or merged into shrinking markets. Those who understand this trend and prepare to build their own careers with web sites within communities such as WSN will enjoy full-time leisure not full-time jobs because of what WSN says is a business model that is a part time based, passive income generator through in-depth information creation. Q.1 What would you say are the major benefits of getting involved with WSN? Q.2 And are there any risks? Narration: The top level Execs at WSN call themselves the Architects of the Broadband Era. Broadband Internet access will penetrate 77% of US households in the next 4 years. This is a revolutionary change, and will impact how we learn, live, work, play and socialize. But what exactly is Broadband Internet and how exactly will it impact our lives? Q.3 What has been WSN's market success to date? Q.4 And what is your market access? Narration: WSN says they will organize millions of members for hundreds of spin-off corporations during the current narrowband period and will then expand to thousands of corporations when broadband is readily available in the next 3 years. Each broadband company will consist of 10,000 members who will upgrade their text and graphic content to video and virtual reality using WSN's online digital media library. Q.5 What would you say is the value represented by WSN's cost to benefit ratios? Q.6 What can you tell us about WSN's abilities to scale up production, expand services, and enlarge distribution with its appropriate customers, applications, and service programs? Narration: New businesses that adopted old business models will continuously suffer heavy earnings losses because they spend too much money. And their customers are moving to new domains, by the millions, annually. Broadband makes content producers out of content consumers and by providing incentives to producers of information and entertainment content, WSN will grow simply by word of mouth. Q.7 What are WSN's distribution channels? Q.8 How cost effective are they and are your products and services flexible? On Camera: 8,789 people in the dot-com sector lost their jobs this month. In the past four months, 461 CEOs left their companies, more than double the amount over a similar period last year. Internet company employees are organizing into labor unions and Internet companies are down sizing or moving to low-level service centers in order to prevent bankruptcy. Q.9 Would you say that WSN's cash flow characteristics supportive of rapid expansion, positive P&L statements, and a strong Balance Sheet? Q.10 What are the appropriate gross margins relative to asset risks, rate of industry/technology change, and ongoing R&D needs? Q.11 Are there efficient operating costs, strong financial controls, and an effective management information system? Narration: WSN says they don't have the same problems as other companies because they handle information, not products. Information creates value and attracts customers more than products do. Physical products also suffer from low profit margins in mature capital markets and the markets producing physical products are rapidly shrinking due to the proliferation of digital products. Q.12 Do you have a proven management team? Q.13 Is there a documented strategy in place? Q.14 What are the specific strategies to actualize this plan? Q15 What are the tactical steps to actualize this plan? Narration: You may soon see physical schools being converted to housing because students will learn from their bedrooms through cable, DSL, fiber optic and wireless connections. So too will shopping malls, theaters, office buildings, warehouses and government facilities. Cars, traffic, pollution, deforestation and the public stock market will all likely be affected by the growth of the Internet as it continues to permeate our everyday lives. This is the logic behind WSN publishing 15,000 pages of collective knowledge in the past 7 years rather than heavily investing cash into broadband content. Through this process, WSN says they have formulated millions of no-overhead content corporations and low/no overhead Internet Business Incubators. The company says it will select key executives and their organizations such as charities and media companies as WSN Associates from charities, media companies, and governments so they can enjoy new wealth with WSN rather than being victimized in the Information Revolution driven by over a trillion dollars broadband technology deployment around the world. Q.16 What milestones are needed to accomplish or achieve WSN's goals? Q.17 As has happened with many companies in the past, if you were to lose senior management, how will the loss of key people in the organization affect the continuing implementation and direction of WSN? Q.18 Is there an overall problem solving mechanism in place that assures the continuity of plans, goals, tasks, etc.? Q.19 Why do you believe that now is the right time for WSN Member Corporations? On Camera: WSN says their corporations were designed our as narrow band, mid band (cable, DSL, wireless, satellite modem) and broadband. Different levels of WSN corporations have different size of members, content/human resource management system. Narrow band corporations have a million members, mid band have tens thousand, broadband have only thousand members as workers. Is this the future of the Internet and the Broadband world? I'm xxxx, from Palm Beach, Florida, reporting for Business World News. Questions to WSN members: 1. Past- What is your level of education? What are your most memorable successes and failures and what did your learn from these experiences. Why, how did you get involved with WSN as entrepreneurs past few years? 2. Present- What is your current position with WSN? What has been your experience with WSN¹s ability train virtual managers and members to be motivated to become multi-millionaires in this Information Age. 3. Future- What do you see as your future with WSN in next 1~10 years, including your involvement with charitable activities. | |||
|
|
