Here is a follow-up article to Packy McCormick’s Great Online Game.
“Cooperation is the winning strategy in the Great Online Game. Individuals are becoming more important than institutions. Work is becoming more liquid. People can accomplish more on their own than ever before.
At the same time, though, it’s easier and smarter than ever for talented people to work together. Transaction costs are decreasing. As the atomic unit of commerce gets smaller, there is more surface area for cooperation, more room for more people to pursue the same opportunity as a group. Individuals can cooperate with each other with much less friction than companies can.”
Big Idea: There is a lot of buzz about DAOs or Decentralized Autonomous Organizations now. Collaboration is the future as creators break away from gatekeepers and institutions.
At the same time, though, it’s easier and smarter than ever for talented people to work together. Transaction costs are decreasing. As the atomic unit of commerce gets smaller, there is more surface area for cooperation, more room for more people to pursue the same opportunity as a group. Individuals can cooperate with each other with much less friction than companies can.”
Big Idea: There is a lot of buzz about DAOs or Decentralized Autonomous Organizations now. Collaboration is the future as creators break away from gatekeepers and institutions.
