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.
This is what people don’t understand about visionaries: They don’t need to predict the future. They learn to snatch it out of the folds of time and wear it around their bodies like a flowing cloak
The planning fallacy describes our natural bias when forecasting our own productivity: we focus on the best-case scenario, or something dangerously close to it. Rarely does that scenario play out.
DAOs are novelty search engines which can more efficiently explore a search space by enabling many cooperating teams to collect and integrate stepping stones.
just as in physical territory, online territory starts out as default autocratic, then only can become democratic through revolt, revolution, and reform.
When token go up is no longer a law of physics and money is no longer free, the challenge of number go up—where the numbers are users or revenue—becomes much harder to solve. Right now, Web 3 companies are at pains to even measure those numbers, much less manipulate the few levers they have to make sure they do go up.
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.