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An SPB and its bondholders together form an entity very similar to a DAO: the bondholders form a grassroots organization and share an economic fate via the bonds they own. What is particular about this type of “DAOs” is that its token (the bond) derives its value from the quality of a public good.

“I think writers have always realized their own value; there just weren't a lot of options in the post-2008 recession for how to make good on it,” says Anne Helen Peterson, who writes the newsletter Culture Study. “But all of this feels very cyclical to me. The economy tanks, writers get laid off from their publications, writers go freelance,... See more

Anecdotally, we have seen a surprisingly consistent pattern in the financial data of AI companies, with gross margins often in the 50-60% range – well below the 60-80%+ benchmark for comparable SaaS businesses. Early-stage private capital can hide these inefficiencies in the short term, especially as some investors push for growth over... See more

Discord's moderation bot, named CarlBot, does a pretty good job of automatically deleting problematic messaging and alerting the mods.

That said, Soho House is not just a party palace. It’s an upscale archipelago, a hotel chain, a snug garrison for a pampered urban elite, a restaurant group, a digital play, a celebrity refuge, a coworking juggernaut, a royal love nest, a lifestyle brand, an elitist throwback, a gated community, and a state of mind.

There are several reasons to be skeptical of propertarian data reforms and how they conceptualize the problem of data extraction. The first is a pragmatic one: operationalizing the kind of complex and comprehensive micro-payments system suggested by these proposals at the scale they require may simply not be feasible or cost-effective