Timour Kosters

Behind these conversations is a fundamental change of the digital age that applies to essentially every creative field: in the past, consumers bought and collected physical editions of creative work, creating a direct value exchange between fans, artists, and producers. Today almost all creative work is digitized and essentially rented — lowering

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Are DAOs bad at building products? - Product teams need continuity and shared context - We need more tools that can coordinate things like product work.

Key Ideas

The core question explored in this post: do highly decentralized DAOs work, or should their governance start to more closely resemble trad corporations?

Vitalik's main point: there are certain use cases where decentralization is very important. There may be a relatively small number of these orgs, but they will be the very important ones.... See more

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

AI is a long-term vision for Hats - For now they’re more focused on what is a role for a dao - Hats is narrowly focused on: what does a dao contributor need to do great work. - Eg - based on your hat, you should be able to parse the discord and see the relevant info to help you do your work

Progressive decentralization is not enough - continuous decentralization is important. Because even in true DAOs, there will always be forces that tend towards centralization

The intersection of AI and DAOs - Agent-based modeling is an area of ai research - Similar to governance mapping (which approaches this problem from the realm of economics). - Look at all of the agents in a system and what their capacities and goals are - Use massive simulations to understand the ways that participants could act - Or teach them how... See more

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.