What will the economy of the future look like? To answer that we must first consider the current trajectory and the ways in which modern capitalism operates, who it benefits, and if it is sustainable.In this video, historians, economists, and authors discuss income and wealth inequality, how the American economy grew into the machine that it is tod... See more
Scenario number one is a disparity in economic power, in which the folks with the data and the algorithms have—and add all of—the economic value, and the rest of the workforce adds little or none.
That scenario could create an awful social disruption.
The Virtual Economy is an opportunity to short-circuit that system failure. It is an environment where entrepreneurs, prospectors and skilled agents can generate significant wealth very quickly without the need for startup capital. Esports players, streamers, skin designers, level boosters are just some examples of the creative new ways that people... See more
Of course, not everyone has the financial foundation to become a “time millionaire” or to start earning their living in the metaverse. Digital economies are nascent and not yet robust enough to support billions of digital workers. These same trends are powering the creator economy, remote work, freelancing; they are broader than Axie and its counte... See more