Now there’s a fifth way: Be a part of entire large nomadic scenes with no particular geographic base, but with highly complex organizational capabilities and internal economic engines. The Ethereum ecosystem is a very good example of this phenomenon. It has the scale, operational complexity, and economic mass of a major multi-national corporation,... See more
NFTs are still early, and will evolve. Their utility will increase as digital experiences are built around them, including marketplaces, social networks, showcases, games, and virtual worlds.
In fact, this points to something deeper than a mere recession, i.e. a cyclical downturn. Perhaps we’re looking at a secular change: a structural reordering of what “creative work” even means. The trad creative economies of ideas, taste, and differentiation are being replaced by economies of scale, prediction and synthesis. In this regime,... See more
The biggest reason that the last two hundred years have seen a series of conflicts between the employers who deploy technology and workers forced to navigate that technology is that we are still subject to what is, ultimately, a profoundly undemocratic means of developing, introducing, and integrating technology into society.
Web3 creates tools where this becomes practical. Allowing us to opt-in and out of value systems that add to our identities and contribute to understanding who we are and what is important to us
“I can see from the little acquaintance that I have with using AI programs to make music, that what you spend nearly all your time doing is trying to stop the system becoming mind numbingly mediocre. You really feel the pull of the averaging effect of AI, given that what you are receiving is a kind of averaged out distillation of stuff from a lot... See more