11–20 of 34 posts
I think what this author gets wrong is that a great boss is as amazing as a bad boss is shitty. People ultimately want to be led, they want to learn and be inspired. I don't seen an etheruem smart contract inspiring humanity on its own.
The concept of a DAO is too simplistic when presented in all these examples. An organization has multiple levels and on each level there are many decisions being made constantly. Some escalate up, some don't. You cannot just expect that each decision within an organization will be decided via a DAO's shareholder voting mechanism because what will ultimately happen is, there are so many actions to vote on, shareholder…
The concept of a DAO is too simplistic when presented in all these examples. An organization has multiple levels and on each level there are many decisions being made constantly. Some escalate up, some don't. You cannot just expect that each decision within an organization will be decided via a DAO's shareholder voting mechanism because what will ultimately happen is, there are so many actions to vote on, shareholder…
The concept of a DAO is too simplistic when presented in all these examples. An organization has multiple levels and on each level there are many decisions being made constantly. Some escalate up, some don't. You cannot just expect that each decision within an organization will be decided via a DAO's shareholder voting mechanism because what will ultimately happen is, there are so many actions to vote on, shareholder…
What about a variant which employs representative democracy? Shareholders vote for members to serve on a decision making board.
https://thoughtmaybe.com/all-watched-over-by-machines-of-lov...
Part one explores the myth that rose up in the 1990s that
computers could create a new kind of stable world: They
would bring about a new kind global capitalism purportedly
free of risk and failure, without the boom and bust of the
past, would abolish centralised political power, and
create a new kind of democracy mediated by technology and
the Internet, where millions of people would be connected
as nodes in cybernetic systems without hierarchy. This
film explores how this myth came to be by following two
groups that converged on the ideas. One is the small group
of disciples around the novelist Ayn Rand in the 1950s who
saw themselves as a prototype for a future society where
everyone could follow their own selfish desires and that
would somehow create a stable and equitable society. The
other is the digital entrepreneurs of Silicon Valley, many
of whom were also disciples of Ayn Rand, that espoused
grand visions of global utopia to be delivered by their
technology. They believed that new computer networks would
allow the creation of a society where everyone would also
follow their own self-interest but that would similarly
somehow miraculously bringing a stable and equitable
society too. They were joined by Alan Greenspan who had
also been a disciple of Ayn Rand, who became convinced
that the computers were creating a new kind of “stable
capitalism.”