This is one of the fundamental errors of tech thinking.
For a certain class of problems caused by technology (e.g., climate change, traffic accidents, electrical fires), yes, the solution is more technology.
But for tech-induced human problems like loneliness, anxiety, depression,... See more
What if we had a “US Department of Experiments” with the power to grant temporary waivers from Federal, State, and City laws — when safe and ethical to do so — for the purposes of learning what policy interventions actually work?
Belief in oneself and one’s vision for how the world could be different is what fosters a cult — or what I like to call the “atomic unit of human coordination.”
There is no ideal pitch deck. The narrative depends on what you’re building—but I really like this one: 1. Vision for the world in 5 years 2. The novel wedge that will get you there 3. How you plan to distribute it 4. What could go wrong 5. What you’ll prove by the time you need…
For example, say you’re building a product for a niche market worth “only” $50 million. Who will invest in you?- VCs won’t touch you because the math doesn’t work out — they need investments that have a shot at returning the portfolio.- Banks won’t touch you because they only know how to underwrite going concerns — businesses with operating... See more
Whoever last touched the user gets the credit. This is part of what underwrites Google’s trillion-dollar market cap: the ability to claim that everyone who bought something via a Google search bought that thing because of Google.
With a more decentralized structure, modern idea machines can “arm the rebels” right where they are, instead of hiring them into a foundation. The popularity of so-called regrantor programs (i.e. scout programs) reflects this trend, where talented individuals are given funding to make grants on behalf of the grantmaking organization.
Similarly, in a mature DAO, individuals will be able to understand a part of the network (local context), but they will not be able to appreciate it as a whole (global context). Individuals will interpret the DAO in their own way, and explore directions that affect their local context without having to consider the context of the whole. As they... See more