the potential to chop up a broad array of traditional jobs into discrete tasks that can be assigned to people just when they’re needed, with wages set by a dynamic measurement of supply and demand,
Sari Azout: As the boundaries between life and work become more porous and businesses transform into webs of interrelationships between people, we are seeing old social technologies (like co-ops) being paired with modern technologies (like tokens) to align the incentives of collaborators in new, digitally native ways. For many people, the idea of a... See more
The need for focused and embedded workers will never go away, but this group of people will be much smaller in web3 than ever before. Software, and smart contracts to an even larger degree, enable small groups of people to create outsized impacts. Instagram was famously acquired by Facebook for $1B with a team of just 13 people.
Writing in the Harvard Business Review in 1998, the organizational theorist Thomas W. Malone claimed “electronic networks” would dissolve the corporation as the main unit of the economy, and replace it with “flexible, temporary networks of individuals” who self-select their work. The next decade saw dozens of platforms launch with some version of t... See more