This graph depicting the wealth Norway’s community owned (and distributed) fund generates from oil (the residue of past life) makes you wonder how the “wealth” generated from our collective human data (the residue of modern life) could be distributed more equitably.
In a recent thread on crypto, I argued that crypto and tokens enabled the formation of businesses that heretofore could not be created. Some responded that cash could be used in place of tokens, and therefore the ‘innovation’ of crypto was not meaningful. I beg to differ.
even if daos *can* be used for coops/participatory democracy/etc, nothing about the tech *guarantees* this — it's dangerous to conflate technological and sociopolitical progress & we should remember to tell the difference