August 26, 2011 at 1:12 pm #139645
Interesting thought piece on the rise of distributed societies and the role of government.
From the posting:
“These software based economies and social structures could allow:
- A plethora of new economic systems within which you can make a living (all you need to do is opt-in to the one that makes sense to you). The ability to build and experiment with new rules that both fix the increasingly dire problems with the current dominant economic system while providing new capabilities and avenues for success (new currencies, new incentive structures, new forms of status, etc.).
- Rapid rates of innovation/improvement. Since the rules of these systems are software based, they can evolve very quickly. Further, some of these new structures have the potential to generate rates of improvement/innovation/wealth creation at rates an order of magnitude greater than the current system.
- Nearly costless scalability. The infrastructure of these systems scales at a nearly costless level and the platforms envisioned can support a huge amount ecosystem diversity without much strain.”
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