In this DAO-heavy episode, we sit down with nintynick, a core contributor at Hats Protocol, to discuss all things decentralization, AI, and coordination.
Nick initially got into coding and finance with the goals of working in gaming, but has since pivoted whole-heartedly into the web3 space.To lay some groundwork, he tells listeners how he defines a DAO. We then dive right in by comparing DAOs with traditional companies, analyzing when a traditional company should and should not decentralize, and we flesh out the ins and outs of progressive decentralization.
Nick shares his thoughts on how to successfully start and maintain a DAO, emphasizing the need for values alignment. Nick is quite bullish on DAOs and believes that by 2034 (we forced him to pick a date) DAOs will become more effective than traditional organizations.
Digging deeper into the intersection of AI and tech, Nick explains agent-based modeling in AI, and we explore the automation of work, automated constrained delegation, Hats Protocol, and compare AI to human capability.
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⌛ TIMESTAMPS
0:00 Intro
0:31 Sponsors!
5:16 Nick’s background
8:18 Nick’s DAO definition
10:32 Traditional companies becoming DAOs
13:03 Companies that should not decentralize
14:54 When are companies better than DAOs?
17:51 Progressive decentralization
21:27 Progessive decentralization roadblocks
23:54 How to DAO successfully
25:56 Values alignment
28:11 When will DAOs surpass traditional organizations?
34:00 Agent based modeling in AI
36:37 Automation of work
40:05 Automated constrained delegation
42:43 AI and Hats Protocol
45:13 Humans vs. AI
50:31Fun questions!
54:52 Follow Nick!
🤝 SPONSORS
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DISCLAIMER: The information in this video is the opinion of the speaker(s) only and is for informational purposes only. You should not construe it as investment advice, tax advice, or legal advice, and it does not represent any entity's opinion but those of the speaker(s). For investment or legal advice, please seek a duly licensed professional.
