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Which partly explains why Netflix CEO Reed Hastings has been widely quoted as saying that he’s more concerned with the competitive risk of massively networked, interactive experiences like Epic Games’s Fortnite than Hulu or HBO Max or any other traditional broadcaster.

DAOs are internet communities with a shared cap table and bank account.

3. Business services for 1099 workers: When workers are unbundled from institutions, they lose access to many of the services and benefits that traditional employment conferred: income smoothing with automated tax withholding (i.e. a paycheck), healthcare, employer-sponsored retirement plans, as well as a sense of comradery and community.

The reason genomics is important is that your genome is your OS. That is your operating system, and we now can read the source code for that. You can actually look at that on the computer, and you can see how your genes help determine your body, your metabolism, [and] your makeup. And you can click those genes and see whether you can metabolize caf... See more

To put is still more plainly: the desire for security and the feeling of insecurity are the same thing. To hold your breath is to lose your breath. A society based on the quest for security is nothing but a breath-retention contest in which everyone is as taut as a drum and as purple as a beet.