50 sats \ 1 reply \ @elvismercury OP 9 Mar \ parent \ on: Incentives and coordination to solve hard problems mostly_harmless
I’m specifically wondering whether fusion, nanotech, AI, open source and hard money (bitcoin) combined will break down the economies of scale in products & business, that we have witnessed for the past 100 years.
That's a fascinating thing to think about -- the more you can pull disparate things into one single brain, s.t. the coordination cost is basically zero, the more advantage you have. LLMs do this more than anything has in my lifetime, so I think the cocktail you describe could be a plausible erosion -- at least temporarily -- roll back the transaction cost advantages of the firm, at least for a while.
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10 sats \ 0 replies \ @davidw 9 Mar
Yes, civilisation has peaks and troughs, ebbs and flows of increasing centralisation vs decentralisation. So it certainly won’t be forever.
But it might be a pretty cool time to be a small vendor or small business owner again. At least that’s my hope.
Super excited to see some of these ridiculous and groundbreaking inventions go mainstream. Not just turning something analogue digital (which is basically the last 30 years). Hoprfully real sci-fi-looking progress.
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