Ursula Le Guin: "They talked, and new worlds were born of their talking. It is of the nature of idea to be communicated: written, spoken, done. The idea is like grass. It craves light, likes crowds, thrives on crossbreeding, grows better for being stepped on."
Google, Facebook, and Amazon are monopolizing digital ad spend, and even newsfeeds and search results are finite. Limited supply + growing demand = rising prices
What do people need to do to succeed? - DAOs are about coordination so think about what is effective coordination - How is authority delegated: empowering specific individuals with their roles and power - Values alignment. Recruiting right people in terms of skills but also vibe - Organic memes alignment. People spending the most time, - Mental and... See more
Perhaps the most compelling—and the most likely—force to power tech in the 2020s is artificial intelligence. AI has improved dramatically within the past few years.
When does it make sense for a tradco to decentralize? - It’s very hard. Need a v good reason. - Why would you want to: - Decentralize governance - Decentralize ownership and upside - Can potentially make product or protocol better because you’re getting direct feedback