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by lzrs
1665 days ago
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Thanks for the pushback here. You cite a great example of central planning gone wrong. They had a creative strategy to run the company and it clearly didn't work. What if someone could "fork" Sears and have the exact same business, except take things in a different direction (in parallel). Of course, that is impossible since Sears is not a digital product operated by a DAO. However, that is precisely why I claim "DAOs change everything". I lay out what I believe are the necessary conditions for this to work toward the end of the essay. |
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This will be much worse, of course, with the reliance on social components, which heavily benefit from the network effects. Even with shared database, there will be no interoperability.
Example: Fork A has 1000 users, it has recently implemented "snapchat-like stories". Fork B has 100 users -- now those 100 users cannot see content from popular authors because Fork B has not implemented stories support. And it cannot just borrow A's code, because Fork A recently switched from Angular to vue.js, while Fork B have not done so yet. People leave fork B and switch to fork A, fork B is abandoned, efforts of dozens of programmers are discarded and thrown away. Or alternatively, fork B's maintainers implementing the stories as well, duplicating exiting work and wasting their time. Meanwhile, new users look at dozen incompatible versions of the app, go "WTF is this I cannot figure this out" and go to Facebook instead.