Thanks for the link. Interesting article!
"The driving force behind this trend is extremely simple — profits.
And this is not a scary doomsday scenario, this actually is happening today.
Is this good or bad ?
I have no idea. But surely we need few things: broad public discussions about this technology inevitable arrival and a backup plan to stop it. So, it’s better to start thinking now — how we can fight this process and benefit from it at the same time."
I don’t belief that we can stop the development nor that a broad public discussion will help - the max. result of that would be a kind of regulation, a political interference, and in most places that makes things worse, or at least does not solve the real problem but just makes the symptoms a bit less severe.
I think the answer he gave himself in his first sentence: “The driving force behind this trend is extremely simple — profits.”
The driving force behind many of those threatening developments in our society is the core of capitalism: Profit maximization. There is no room for human rights, privacy protection, freedom, etc. A capitalistic company is successful if it maximizes it’s profit.
What is needed are new alternative models to that unhealthy form of one-dimensional capitalism.
Money is the enabler of capitalism and a new form of money - as we see it with Bitcoin and even more with new DAO tokens - will give ground for new economic models which have not profit maximization as it’s sole purpose but that what the DAO stakeholders define as their goal of the DAO. That can be anything between pure altruistic motivations to pure capitalistic profit-orientated motivation, but the difference is the DAO stakeholders are responsible, it’s their creation, their beast.
This subtle difference in accountability and responsibility creates a value on it’s own: Reputation
Reputation can be seen as a new form of “money” with the new possibilities of crypto currencies.
The reason why I think that my vision here is not completely based on wishful thinking alone is that we see such in real life since ever, it just has never scaled and in competition to a model which scaled massively globally it lost ground. In private life, in family friend, small communities we have all those mix of real human values and someone who reduced all his relationships to profit maximization will have no real friends but is just “networking”. What we need is representation of those values and make them scale so they can compete with those models which have global scale but lacking human value.
Your company sounds like a good example for a cooperative approach and I am sure it will be of benefit (as Toyota has proven) also on the economical side. I agree that for local projects a real DAO might be an overkill at least at the current state where it is not trivial at all to setup a DAO. Maybe in a few years it will become easier and more accessible and then might benefit with some aspects also those who don’t need to full DAO spectrum.