It was the idea of a Decentralised Autonomous Organisations together with Programmable Money that made me dive headfirst down this rabbit hole of blockchain and AI in 2015
ｗａｒｎｉｎｇ - Please drink plenty of strong coffee before even trying to work out what the hell I'm talking about here.
It is all about how we engineer an evolutionary organisation that exploits complex systems to increase its own virulence.... Gulp!
[Very much Etch related as you can have a glimpse of what is going on in my head 😮 ]
It was the idea of a Decentralised Autonomous Organisations together with Programmable Money that made me dive headfirst down this rabbit hole of blockchain and AI in 2015.
Ok, here we go... Imagine a company all in code deployed as a smart contract on the blockchain. A company that has no founders, staff, or shareholders, just customers. A company that nobody controls and no government can shut down. (But that's okay as this company has been hardcoded to pay its taxes on time and to be a good actor.)
A company that has 99.99999% chance of failure as "pivoting" or reacting to the market is just not in its DNA.
A company where "code" is very much "law" and would just fly head straight off a cliff than change directions.
A company that was born out of a smart contract that used an evolutionary algorithm (genetic programming in AI) to deploy.
A company, if it was to survive, that would be more powerful than Amazon.
Euros Evans, etch CEO
You can follow the Twitter thread here:
In a nutshell:
- durable decentralized data structures attributing contributions, over which incentives may be defined
- systems engineering CAD to Testing
- Rigorous requirements/dependency tracked engineering program
- formalization of social choice as dynamic sensor fusion
