SpaceXponential

Social scientists have identified at least three major forces that collectively bind together successful democracies: social capital (extensive social networks with high levels of trust), strong institutions, and shared stories. Social media has weakened all three. To see how, we must understand how social media changed over time—and especially in... See more

I think of my friends with wild creativity and technical skills, who aren’t at all interested in participating in the conversation in the art world, with no intention to be remembered for their art, or anything. Something about the idealism of web3, its insistence on a narrative of revolution now, its urge to change the course of history right... See more

On a blockchain network, nothing is assumed to be trustworthy except the output of the network itself (Werbach, 2018). On any transaction, there are three elements that may be trusted: the counterparty, the intermediary, and the dispute resolution mechanism (Botsman, 2017). Simply put, blockchain tries to replace all three elements with software... See more

Mountain climbers educated in the Alps discovered the vertical walls of granite in Yosemite in the 1930s and began to scale these monoliths. By 1941 climbers occupied a new permanent camp set up in the north side of Yosemite Valley, Camp 4. ... the geography of this scenius is unremarkable. Camp 4 is a nondescript, bland, dusty campground. Building... See more

The metaphor of risk management uses financial incentives to empower our nobler epistemic instincts.

While the metaphor of Facts excuses us from the responsibility of exercising personal judgment, the metaphor of risk management uses financial incentives to empower our nobler epistemic instincts to overcome our lazier ones.

... The employment of

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Scenius is like genius, only embedded in a scene rather than in genes. Brian Eno suggested the word to convey the extreme creativity that groups, places or “scenes” can occasionally generate. His actual definition is: “Scenius stands for the intelligence and the intuition of a whole cultural scene. It is the communal form of the concept of the... See more

+ Rapid exchange of tools and techniques — As soon as something is invented, it is flaunted and then shared. Ideas flow quickly because they are flowing inside a common language and sensibility.