The fake fashion of decentralization
When you grow up, you might not have a job.
Fears that automation, protocols, machines, robots, etc… will create massive unemployment as happened going back to the nineteenth century, and so far this has never materialized.
This time it’s different, machine learning, AI will be a real game changer.
AI possess two particularly non-human abilities: connectivity and updateability. Algorithms will do anything better than any Homo sapiens.
The society will reach a point that will require philosophy, ethics and true decentralization.
What is true decentralization? (Source: Vitalik Buterin)
- The company has multiple competing implementations.
- The technical considerations behind protocol upgrades must be democratized.
- Core developers and researchers should be employed by multiplecompanies or organizations
- Mining algorithms should be designed in a way that minimizes the risk of centralization
I see a lot of startups, companies working on solutions in a fake decentralization fashion.
What the fuck is that?
Fake decentralization fashion is the science of creating an existing thing using some type of decentralized technology with the same purpose of earning revenue, empowering a tiny elite of tyrants and without spending a dollar.
So if we imagine a future of an AI equipped company in a decentralized fashion governed by a couple of nodes running their Blockchain, this is fucking dangerous.
Imagine that an electric company with great profitability, controlling a market of suppliers/consumers in a few nodes without spending a penny and controlled by a few wealthy persons.
Different scenarios:
- Nodes in this Blockchain run the same client software, and the development team of this software turns out to be socially corrupted. (Few nodes controlling everything).
- In a proof of stake Blockchain, 70% of the coins at stake are held at one company.
If we imagine a future where the real free energy market exists, a place where anyone can profit from that, and let individuals move energy throughout the world as easily as possible.
Elon Musk’s dream of producing our own energy with solar panels, saving it with the Powerwall and earning revenue from that will be a reality.
I agree with liberalism. He who tries, and takes risks, gets somewhere in life. However, it is necessary to sacrifice and make good decisions. But we need to protect human rights, to grant everybody the vote, to establish free markets, and to let individuals, ideas and goods move throughout the world.
AL and the fake decentralization fashion won’t allow that. Let’s get to work.
Alex Sicart
