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This is just me, don't interpret what i'm saying as being some kind of community consensus. Many probably disagree with me. I think nearly anything digital ca
by swalsh 4y ago
This is just me, don't interpret what i'm saying as being some kind of community consensus. Many probably disagree with me.
I think nearly anything digital can be turned into a crypto business that can operate more effeciently than a corporation. Anything that touches the real world however will require a corporation with people. The solutions I've seen for interfacing with the real world just suck, and I suspect that is a fundumental problem. So in my opinion, the strength is digital. Fortunately for crypto, most things real world have the ability to be turned digital (think CAD -> 3D printer).
Why would a crypto business out compete a corporation? To me the answer comes down to how your business is structured. Corporations are structured around managing people. Crypto businesses (I think when some workflow pieces are added) can be structured around interfacing with AI. An entire world of AI can freely contribute value to a crypto business where as a corporation will have to prioritize, plan, and execute. We can kind of see that today, the biggest whales in crypto have bots doing the heavy lifting. People struggle to interface with crypto, but bots interface natively. This probably sounds hand wavy. At some point when I find time I'll try to write into more detail on how I personally believe this can work.
I'm certain Crypto + AI = an accerlerated future. I'm motivated to work in this space, because if done wrong, this is a disaster for society. If done fairly, we can build something amazing.