What’s more, many areas of the world are just now getting more industrialized. Economies are booming. Overall, this is good news. It means more people are being lifted out of poverty and becoming wealthier. But as these countries begin to take steps toward improving their infrastructure and building thriving cities, they’re picking up the same... See more
The crash of the $8.5 billion global trade in cut flowers shows how quickly and distinctively the new coronavirus is disrupting supply chains, even in places where it isn’t yet pervasive.
But the catch was that this was never a sustainable long-term strategy, at least not for the purposes of promoting an open ecosystem. User-generated data is vulnerable to a family of sub optimizations such as Goodhart’s Law, in which using a “measure” as a “metric” devalues the measure itself. If you’re Google building PageRank on natural weblinks... See more
DAOs are laboratories for governance. And they’re the ultimate playground for coordination games.
Once we solve governance and coordination, the true power of the Internet will be unlocked.
A recent study by the National Bureau of Economic Research found that the majority of respondents would prefer to live in a world where TikTok and Instagram did not exist!
The faster we can create new belief systems to encourage mass cooperation towards our collective well-being, in this life, the higher our probability that we’ll each get the things we most care about.