@pmarca @psygnisfive The lawsuits sound terrible. Classic example of "a few bad apples ruining the bunch." THAT needs some regulation.
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@pmarca@psygnisfive I'm thinking I might start to tackle the Sarbox problem soon. Customers pulling for it. "Software eats compliance." - 1 more reply
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@paulbaumgart@pmarca most companies are run like little Soviet planned economies. I wonder what they could achieve democratically -
@psygnisfive@pmarca Profit motive, scope of projects, and smaller size than most nations means it's not so directly comparable. - 2 more replies
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@pmarca@psygnisfive Indeed. Capital always finds a way. But access to wider sources is clearly better, so current can't be stable state. -
@pmarca@psygnisfive What is it about being public that gets in the way so much? Title IV of Sarbanes-Oxley? - 2 more replies
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@pmarca@paulbaumgart indeed, especially after software eats the world. but that might take time, especially in mining, manufacturing, etc -
@pmarca@paulbaumgart there's also the problem of capital. companies can raise capital more easily than fuzzy clouds of autonomous agents
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@pmarca@paulbaumgart indeed! it's a very exciting development that could begin to reshape the whole economyThanks. Twitter will use this to make your timeline better. UndoUndo
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@pmarca@psygnisfive you know it Marc, we recently commissioned a report into how big it will be. You'll like it https://www.volpit.com/press.pdfThanks. Twitter will use this to make your timeline better. UndoUndo
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