The divide between those who do and don’t own capital is an important driver of widening wealth inequality [50]. Forms of accessible co-ownership could be an antidote to chronic wage stagnation and anxieties about job-replacing automation.
Still, as Baszucki made clear, the goal is still actual social networking: surely that will always be better than interacting with an AI! Or will it? It seems to me that perhaps the most important constraint on the web — to actually interact with people as if they are, well, people — disappeared a long time ago.
Today, producers can launch products more easily. But so can their competitors. And ultimate success depends on the behavior of large groups of people. These people cannot be coaxed or threatened. But they can be bribed.
Why do some people achieve so many of the things they want, and others not? Do people have a fixed budget of things they can achieve in a lifetime? It doesn’t seem so. Rather, it seems like our achievement budget is a function of the number of priorities we have. Interestingly, it seems to be a nonlinear function. Meaning that if you go from 4... See more
The modern Idea Machine better reflects how people self-organize today. They are decentralized, more closely intertwined with public dialogue, and work symbiotically with a community that anyone can join: many individual nodes operating in a loosely-organized network, instead of a monolithic organization.
On the internet, websites are like buildings, hyperlinks are like roads, traffic comes in the form of people and information. It is a complex system with many interacting parts.