The Bot Economy
John Robb

I’ve come to this conversation late, and I agree with the premise. Humanity must evolve beyond the winner takes all mentality of Silicon Valley platforms. Value in networks is concentrated, cost is distributed. We need settlement systems to equilibrate this disparity. The fact that someone has some central control does not make them more valuable than the piece parts. That said there are marginal differences in actors and these too need to be equilibrated. What we need is a system of settlements (price signals providing incentives and disincentives) that share value and costs. This thinking is antithetical to the internet (IP) establishment who preach settlement free peering. But a system of balanced settlements for our socio-economic institutions would mirror the workings of the human body and mind. It would give thought flight and make the ecosystem of digital internets sustainable and generative.

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