SpaceXponential

The former CIA analyst Martin Gurri predicted these fracturing effects in his 2014 book, The Revolt of the Public. Gurri’s analysis focused on the authority-subverting effects of information’s exponential growth, beginning with the internet in the 1990s. Writing nearly a decade ago, Gurri could already see the power of social media as a universal... See more

The pressure to perform and live up to the expectations of others is not a new social phenomenon — nor a bad one. **^^But the way it manifests at the internet’s global scale increases its intensity tenfold — especially for young people. The goal is no longer to simply live up to the high expectations of your parents and peers — online you could be... See more

Eno's contention is that there are four areas – religion, art, sex, drugs – in which this kind of surrender is prized. "These are areas where you stop being manipulators of your surroundings and become recipients. In religion, you stop being you and you start to become us. With drugs, you go from being you to being part of everything. In lots of... See more

... another reason for the crisis of community, which is a crisis of democracy, is digitalization. Digital communication redirects the flows of communication. Information is spread without forming a public sphere. It is produced in private spaces and distributed to private spaces. The web does not create a public.  This has highly deleterious... 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

Objective systems seem desirable, relying entirely on machines and not fallible and opportunistic humans. There is, however, a catch – machines may be running the code, but humans are acting on it. A subjective system might be able to differentiate between legitimate and illegitimate transactions in a way that an objective one could not. Concepts... See more

And therefore, on the collective level, crypto has predominantly encouraged creations, but not creativity. Crypto rewards popularity and suggests that popular content, regardless of its intention, is inherently more valuable and deserving of rewards – not only (sometimes ridiculous) monetary rewards, but also the rewards of being written into (art)... See more