[rixed]

At this stage "nailing it down" means creating a good protocol that can be standardised upon. This is what the tech world cannot do any longer since it became driven by market forces. Market is not the right process for building good standards, the closest it can grow is monopoles. Committees are admittedly not the panacea either. Unfortunately we can't go back to the scale of the small tribe where it's easier for the good solutions to meet consensus.

[jariel]

An industry standard is not needed for any single entity to do it well.