Tomorrow, delegative/liquid democracy could transform the role of elected officials https://en.wikipedia.org/wiki/Delegative_democracy … 11/
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Yes, today I can decide between google reviews or yelp for a restaurant review, but I think this type of business' endgame is a network effect monopoly, so in the future, the choice will be imposed on me.
After a single trust platform hits that critical mass and overtakes its competitors, it's unclear whether regulation or market forces are the determinants of trust market behavior. Fwiw, I think Google will do that to Yelp in the U.S. (search and maps too powerful).
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Dunno. I would not be surprised if the future was heavily fragmented. My trust requirements are different for purchasing shoelaces or for political news. My intuition is that a personal connection of some sort will be central for important stuff. Tech enables this at scale.
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Good point about different verticals having different requirements. What do you mean about personal connection and how tech enables that?
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Have you heard Naval's idea that the endgame for news (another trust arbiter) is a marketplace? I don't have much more to say on the topic, but thought it was interesting.
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Yes. I love Naval. A true free-thinker.
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