RE: The Untrusted Cooperative

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What I'm hoping for is the eradication of human middlemen. We need them as much as we need a fox to guard our hen house. Positions of power and authority attract a lot of bad people. Power games at the very top are extremely dirty and devoid of all morality.

Rule of law, the division of powers and democracy are examples of primitive protocols that slowly evolved in crowded Europe where there was nowhere to run from tyranny and where technological and economic development led to division of labor and thus a decentralization of power bases. Blockchains and decentralized virtual machines running on blockchains are tools that allow us to build more advanced protocols that I hope to gradually displace human authority in the distant future.



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What I'm hoping for is the eradication of human middlemen.

Yes. This is something that needs a technological solution as it has been proven that, we (many) can't be trusted with some things when given the power and authority.

Blockchains and decentralized virtual machines running on blockchains are tools that allow us to build more advanced protocols that I hope to gradually displace human authority in the distant future.

Yep- it is going to get very interesting with AIs involved as I think we will discover, we aren't great at managing much.

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Yep- it is going to get very interesting with AIs involved as I think we will discover, we aren't great at managing much.

There are pitfalls in that too, but I think they are nothing like in Terminator. There will be a lot of trial and error. And it will be a very gradual process.

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Yeah, I don't see the terminator issue (at this point) but for a lot of processing jobs, an AI could potentially watch the humans operate at a transaction level for a while, and then create a line of best fit model that can do the same job at lightning speed with less variation.

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