Scott was aware of crypto early, but very skeptical. Saw that everyone was trying to decentralize just for the sake of it. But decentralization has costs. Centralized entities are often more effective in coordinating interaction.
His opinion started to change with examples of use-cases where tech was
DAOs will likely become large networks with shared incentives and coordination tools, made up of smaller units (which can still be quite bit) that act in a more directed and centralized way.
Major categories—dating, real estate, job searches—may find themselves completely upended by better use of artificial intelligence. Why swipe endlessly on Tinder when AI can surface your perfect match?
How to approach decentralization for a tradco - First map the governance surface: - Who are all stakeholders, what are their authorities - Then figure out what is desired state. - Then doing one authority delegation at a time, and then building meta process around assessing, choosing, and decentralizing specific authorities in the community.
There is a peculiar attitude, here at the beginning of the 21st century. On the one hand, we agree things aren’t fine. On the other hand, there’s a widespread feeling that there’s nothing to be done.
The first thing to recognize is that this isn’t always how the present feels: often in the past, people had a sense that there was something—something huge — to be done. Essays like the Communist Manifesto give people this sense. Before that, at the dawn of modern democracy, documents like Common Sense (in the US) and the Declaration of the Rights of Man and of the Citizen (in France) gave people the same sense. There was something to be done.
Human nature, far from being fixed, is read differently from age to age. These different readings give rise to totally new ideas for institutions. And these new readings and new institutions seem to reshape us. Often, what works out in practice would have seemed impossible on the previous views. Furthermore, the traits we are supposedly balancing — autonomy, collective responsibility, equality, etc — are themselves changing. They, also, are expressions of one view of human nature or another.
Indeed, each of our present-day institutions can be traced to a vision of human nature which swept through society. Each new vision led designers to focus on different features of a desirable society, and to recognize different approaches as viable. This made new institutions attractive.
Perhaps no use of AI is more visible to more people than TikTok’s For You Page. They have pioneered using AI to create incredible recommendations.
Over the years, plenty of responsible experimenters – think of the more pragmatic elements among the back-to-the-landers, kibbutzim, Tolstoyan farmers and so on – have managed to demonstrate that new societies can form successfully at modest scales. The best among them also managed to establish a productive and beneficial relationship with the... See more