When not fantasizing about the next 1000x moonshot, many crypto-natives dream about how DAOs will transform the way people collaborate. DAOs are imagined as flat and fluid organizations, the opposite of the rigid, pyramid-like structures dominating the corporate world today—an organization where every stakeholder gets to speak their mind and be hea... See more

The challenge we’ll have in the West is understanding whether this is accelerating offshoring and farming out white collar work to the lowest cost bidder. Will DAOs worsen the poor labor dynamics that already plague other marketplace providers in the gig economy?

DAO’s existed before (guilds, labor unions). They can do certain things very well but some decisions are hard to make, like competition with another entity, coordination of action beyond initial purposes of the organization

But the management and organizational ‘overhead’ of traditional associations often exceed the will and ability of potential participants. If you’ve ever been part of a community or school group, you understand the often prohibitive burden. It’s not only the time commitment of planning meetings — it’s the social dynamics where a few very active memb... See more