Level 3 Aggregators: Zero Supply Costs: Level 3 Aggregators do not own their supply and incur no supplier acquisition costs (either in terms of attracting suppliers or on-boarding them). Google is the prototypical Level 3 Aggregator: suppliers (that is, websites) are not only accessible by Google by default, but in fact actively make themselves mor... See more
At the moment, the usual structure of a DAO is an organization whose on-chain protocol involves using a token that allows the holder to vote on governance decisions. Usually, 1 token = 1 vote. This token-centric method of governance bundles ownership and governance rights in that one asset, in a bid to align power and responsibility.
The Internet, though, has enabled the bundling of services into broad subscriptions, as well as the unbundling of services into niche subscriptions, possible for a wide variety of businesses to offer.
At the same time, Google’s incremental approach to improving Docs also reveals a dilemma that the company often faces when trying to improve its most-used products. Introducing lots of changes is appealing to designers, developers, and the tech enthusiasts like me that they serve, but often causes average users to revolt.