Marc Andreessen: Interview with an Icon [The Knowledge Project Ep. #129] - Farnam Street

Peer-to-peer networks are good at destroying but they are not necessarily good at building.  The internet is very good at tearing down hierarchies but it has not yet proven its ability to build governance systems.  You can build peer-to-peer networks, but can they take power and serve the productive roles that the hierarchies used to serv... See more

What every venture capital capitalist of all time has in common is that each of them missed almost all of the great deals of their generation

I no longer think there are any qualified people starting tech companies that have bad ideas, it’s just a question of timing and execution

“The way that power has been exercised in our society through these decades of mass systems has been about people in conference rooms arguing with each other over control of these mass mechanisms.”

All the people who have achieved positions of power and authority due to prior generations of technology are now threatened by new technology.

The internet is not top-down, it’s lateral peer-to-peer, and there is no central nodeThis led to a big fight between people who want to reinforce top-down power and people who want to use the internet to prevent top-down power