I’ve been writing thinking, and even building products for free agent work for over a decade. Even have a patent for multilevel recursive auction collaborative marketplaces, which my team actually built and deployed internally at Xerox 10 years ago
https://patents.google.com/patent/US8086501?oq=marketplaces+venkatesh+rao …
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But only now have both the technologies and the free-agent sector matured to the point where you can build out the infrastructure for real. Back then I think I was too early. It was pre-blockchain, pre- Stripe, pre-Freshbooks, pre most of the tools in the “passion economy” sector
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The ideas back then were *really* primitive. Mturk seemed like the bleeding edge. Read books like Tom Malone’s Future of Work (inspiration for elance which eventually got absorbed into upwork) and Dan Pink’s Free Agent Nation for a historical view. A lot has changed since 2010.
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It’s time for a free-agency renaissance. The pioneer days are over. There’s no need to larp a dangerously and unnecessarily precarious cowboy economy. Time to do some settling and town planning.
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Venkatesh Rao Retweeted Cedric Charly
No this is not Metcalfe’s law (network effect). That’s O(n^2). It’s not even Reed’s law (powerset effect), which is O(2^n). It is Reed’s law *as a lower bound* on possibilities https://twitter.com/cedricgc/status/1279511408317591552?s=21 …https://twitter.com/cedricgc/status/1279511408317591552 …
Venkatesh Rao added,
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I once actually tried to compute a formula for the size of this space in closed form and failed. If somebody wants, it is *at least* the set of all possible graphs, directed and undirected, defined on every component of every partition of every subset of the universal set.
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Informally, it is the “number of ways n people can organize into teams” (with only full membership; fractional head counts make thid even bigger). The space of “organizations” is so huge and high dimensional, the part of it we occupy is barely a degenerate crumpled corner.
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Venkatesh Rao Retweeted Venkatesh Rao
Note on navigating the space. You can't just enumerate and brute force search it for good configs, it is too big.https://twitter.com/vgr/status/1279520092489781248 …
Venkatesh Rao added,
Venkatesh Rao @vgrReplying to @falseworkidolYep, you need good ways to navigate it in emergent ways, but the path dependent degeneracy configurations we know are not necessarily the best ones for the present environment. In some work I did, I used reinforcement learning to identify good configs from work history.1 reply 0 retweets 3 likesShow this thread -
Replying to @vgr
Have you looked at Social Money? I keep saying YakCoin should be an ERC20 because it's necessary to monetize a network and get high levels of coordination. Many people including myself have already minted personal ERC20s.
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Replying to @digital_monad @vgr
Bitcoin now has the coordination of millions of people with almost no central marketing, no central leadership. The scaling of coordination solution is literally right in front of you. This problem is already solved.
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No it isn’t. If you think it is, you don’t understand the problem.
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Replying to @vgr
We'll see! Tokenization provides a free market for opt-in coordination that scales far better than standard methods via contracts, moral economy, etc. Everything that can be tokenized, including you, will eventually be tokenized.
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