-LLCs were one of the best inventions of the 19th century. But I believe it's run its course. It's not working well for a whole bunch of reasons, including that you end up with very concentrated wealth on these networks. What's so beautiful about tokens is you can design these very granular systems where people are rewarded tokens for using the... See more
From miner rewards, to transaction fee-setting mechanisms, to token curated registries, to prediction markets, incentives are everywhere in blockchain platforms.
ISAACSON: What would you be doing now if you were a young person when it comes to something like AI?
GATES: There are certainly a lot of innovative things that the world needs, whether it’s in diseases or clean climate technologies. But the most profound technology is AI, because it’s going to have such an impact on all the scientific work we do and... See more
The rise of community—a more directional aesthetic means that it won’t resonate with everyone. But those that do like it will really connect. This will create a smaller, more dedicated customer base, a community.
My bold prediction here is that crypto networks and other DAOs will be some of the largest employers of talent on the planet. Imagine working for the Internet…