The next iteration of DAOs is therefore emerging around creative communities, to enable crowdsourced creativity and coordination (aka “creator DAOs” and similar).
For Platform, the key reason to focus on this is opening up another valuable surface beyond News Feed. This is important not only to expand, but because News Feed and therefore our current platform may actually be getting *less* valuable over time as more behavior moves to more private mediums like messaging.
In short, technology made it much easier to clean a house to 1890s standards. But by mid-century, Americans didn’t want that old house. They wanted a modern home—with delicious meals and dustless windowsills and glistening floors—and this delicious and dustless glisten required a 40-to-50-hour workweek, even with the assistance of modern tools.
We’re excited about social networks that give creators the necessary infrastructure to make money in a seamless way. Because many of us are staying or working at home now, the audiences for consuming online content have never been bigger.