Main Street Bets

The challenge we’ll have in the West is understanding whether this is accelerating offshoring and farming out white collar work to the lowest cost bidder. Will DAOs worsen the poor labor dynamics that already plague other marketplace providers in the gig economy?

The shape of this future is rapidly coming into focus and centers around an organization referred to by technologists as “decentralized autonomous organizations,” or DAOs. These DAOs operate with different assumptions than many of today’s traditional legal entities and other business associations. DAOs are not run by boards or managers, but rather ... See more