Science & Technology
Could a DAO Build the Next Great City? | Scott Fitsimones | TED
Could DAOs, or “decentralized autonomous organizations”, be the key to building the next great city? Experimental urbanist Scott Fitsimones shares how these mission-driven, blockchain-governed, collectively owned organizations could increase the speed and efficiency of building cities (among many other applications) — all while pooling decision-making power in a radically collaborative way. Hear about how he…
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rainbow98982 meedikerisrinivas
July 28, 2022 at 3:20 pm
Unless the world disarms nuclear weapons, Earth should be considered on the brink of danger.
How to protect the world’s nature….. ?
………………………………………✍
Mikhail Mikhasev
July 28, 2022 at 3:33 pm
The main problem with all these the far-fetched attempts to find uses for blockchain is that they completely miss human psyche out of the equation. Systems function the way they do for a reason. Regulations are for a reason, mostly. I see this DAO bubbles as another try to pump crypto assets for rich people to gain their profits. You can’t manage anything with low-level democracy-like organization. People have to be qualified for a reasonable vote.
+ the way this man tucked his shirt, is this a thing in the States now? )
Gaasuba Meskhenet
July 28, 2022 at 3:35 pm
Cool. Why did you have to take wild land tho ……. Do not like
Joy Lassell
July 28, 2022 at 4:24 pm
Well, Yellowstone? nightmare number one…yes North American Craton, do you know anything about what’s happening on this planet?
galaxy
July 28, 2022 at 4:38 pm
who plans, and how do 95% stupids vote for projects? this is either scam or suicide.
Xaro Xhoan Daxos
July 28, 2022 at 4:51 pm
Yes, I want to live in a city where money doesn’t just buy influence, it buys actual votes. Sign me up.
Vadorin
July 28, 2022 at 5:05 pm
Building and governing a city through a DAO sounds like a horrible, dystopian and anti-democratic idea. It basically means that money rules everything – even more than it already does.
Vadorin
July 28, 2022 at 9:56 pm
@TheWhiskeyDouble I have to disagree with you there. I’m neither against DAOs nor crypto in general. I was just talking about this specific use of a DAO.
Yes, some cryptos are scams, but others like Bitcoin and Ethereum certainly aren’t. And they do have interesting and useful properties. Of course there are pros and cons, but I see both of them (and others) as a net positive.
Rabidmonkey73
July 28, 2022 at 5:25 pm
So basically more money = more votes. Crypto smooth-brain go brrrr
Psivast
July 28, 2022 at 5:30 pm
Interesting thought, but I don’t think this could overtake the cities we already have in America. It feels a bit like a techno dream for people to get excited about, and invest lots of money and time into, but has very little real world value. It’s taken hundreds of years for American cities to grow to the point they are now, and imho we need to go back in time to relearn the lessons that past generations learned, and get away from the ‘woke’ entitled soft attitude that most people have today. It takes serious hard work, sacrifice, grit, and dirt under your nails to build something as vast and complicated as a city. Just my 2cents anyway…
Hânia Nogueira
July 28, 2022 at 6:46 pm
🇧🇷🇺🇸
Chevrium
July 28, 2022 at 8:15 pm
Sad to see what Ted has become. Crypto is the future of infrastructure and finance the same way AVON is the future of cosmetics.
Vanessa Raeder
July 28, 2022 at 8:36 pm
Someone already invented this game decades ago, it’s called Monopoly. Really, TED?
S.B.G
July 28, 2022 at 8:55 pm
yes it can and its already done
FloatingSpark
July 28, 2022 at 9:48 pm
No. The answer is No.
Exquisitane
July 28, 2022 at 10:20 pm
Grifter alert
Cool Girl 007
July 28, 2022 at 10:42 pm
Anyone believe that Elon Musk can bring us to Mars ?
RightRightRight UhHuhUhHuh
July 28, 2022 at 10:47 pm
Power and money aggregate into new influence and control structures no matter what the original intent was. Socialism by blockchain cedes control to the authors of the algorythm
Mike Flair
July 28, 2022 at 11:02 pm
The bubble world of white paper thoughts.
🔴THANKS FOR YOUR HELP🔴
July 28, 2022 at 11:31 pm
👍👍👍👍👍👍👍👍👍👍
MrEinJulian ???
July 28, 2022 at 11:36 pm
this is actuelly nice xD
Evan Bradford
July 28, 2022 at 11:46 pm
Ah yes, let me live in the city where decision making power is directly correlated with how much money someone has at their disposal. That won’t immediately amalgamate power into the hands of a wealthy cabal with vastly different priorities from myself.
Boomtowndogs
July 29, 2022 at 12:29 am
It depends. If this was mainstream, you could pick a city whose leaders goals align with your goals. Could be run like a company. Long term growth & prosperity vs short term profits
Boomtowndogs
July 29, 2022 at 12:29 am
And you’re allowed to delegate votes to individuals you think represent you
pyrrho314
July 29, 2022 at 6:26 pm
@Boomtowndogs well, right now you can chose a country whose leaders goals align… oh wait… why do you think such cities would exist? Especially if you don’t want to live in an explicit oligarchy
Boomtowndogs
July 29, 2022 at 8:05 pm
@pyrrho314 Incentive alignment being explicit vs implicit
Mathematics 21st
July 29, 2022 at 12:34 am
Good idea good presentation
Alexandros Gascon
July 29, 2022 at 1:16 am
Well, i find the idea a bit ludicrous, but im glad that its being experimented with. Interesting talk!
🇬█ 𝔎𝑎𝑟𝑒𝑒𝑚 𝔎alisari│
July 29, 2022 at 1:23 am
*TED* | Maybe yes! 🤔
*ECONOMIC DEVELOPMENT* 🇪🇺
” _Sustained _*_ECONOMIC_*_ omic growth is indispensable to the achievement of our goals of reconstruction_
_and _*_DEVELOPMENT_*_ , in particular the eradication of poverty_ .”
_BY_ 🇿🇦 *NELSON MANDELA* ✍️
..
🇬█ 𝔎𝑎𝑟𝑒𝑒𝑚 𝔎alisari│
July 29, 2022 at 1:25 am
Maybe yes! 🤔
*ECONOMIC DEVELOPMENT* 🇪🇺
” _Sustained _*_ECONOMIC_*_ growth is indispensable to the achievement of our goals of reconstruction_
_and _*_DEVELOPMENT_*_ , in particular the eradication of poverty_ .”
_BY_ 🇿🇦 *NELSON MANDELA* ✍️
..
adokadanla
July 29, 2022 at 2:13 am
Good video!! Very attractive from start to finish. However, the wisest thing that should be on every smart individuals list is to invest in different streams of income that are not dependent on the government to generate money, especially now business and investing is the easiest way to make money regardless of what party makes it to the oval office.
wood ofw
July 29, 2022 at 2:18 am
It is always good to be social and this is why I like reading many comments here to learn, thank you for sharing such info at least I will be doing this together with my partner
Javier Mendoza
July 29, 2022 at 2:19 am
I guess y’all saw his winning stripes last week it was really blast and mind blowing up success, I have made my 1st and 2nd profits,trading with him has no cause for alarms
Khayone Mpho
July 29, 2022 at 2:19 am
Wow! I invest and buy cryptocurrencies but Mostly waiting for the rise to sell, but currently am at lost due to the current downfall in price of crypto currencies. This is a great opportunity for me to start my trading crypto so i can regain the money I have lost.
Maharasu jp
July 29, 2022 at 2:19 am
Reading this comment threads just encourage me a whole lot. I’ve come across this Expert Arjun B Jagat name so much in reviews: I’ll certainly be imploring his services. Thank you for sharing.
Vaz Trevor Knox
July 29, 2022 at 2:20 am
This is an opportunity for newbies and old holder to capitalize on, It’s quite a shame people can’t see this, trading is everything right now.. I’ll stick to using his signal, Mr Arjun is ahead of the curve, many have not realized this yet.
RightRightRight UhHuhUhHuh
July 29, 2022 at 7:28 am
Remember when vacation time share schemes suckered everyone?
Yijuwarp
July 29, 2022 at 8:47 am
what’ stopping the wealth & power in a DAO from accumulating to a single or group of individuals? Nothing at all, its basically the same as shares in a company.
Land Shass
July 29, 2022 at 10:05 am
I’m poor and college dropout, Can I join?
M
July 29, 2022 at 12:44 pm
Sounds like socialism
pyrrho314
July 29, 2022 at 6:31 pm
the power of your vote is equal to your bank balance sounds like “socialism” to you?
M
July 29, 2022 at 6:56 pm
@pyrrho314 not all of what he said but it DOES have hints of it.
pyrrho314
August 4, 2022 at 11:13 pm
@M oh yeah, they’re branding aristocracy as socialist, but there is nothing socialist about it.
M
July 29, 2022 at 12:48 pm
Where’s your privately owned houses that you can pass down to your kids so they can start wealth in the family doesn’t look like you have that
M
July 29, 2022 at 12:50 pm
First, we are not going to do what COMMUNIST CHINA does, over here, second,
Sounds like they require you to “own nothing and be happy”. I sense the “schwabmeister”🤭
Socialism isn’t going to work this way either, no matter how many times you try it, re-label it, it’ll never work.
Because of the good ol’ standard condition.
We’re all different maybe we won’t want to participate like that in a city if they were everywhere. Don’t fall for the progressive or leftist thought that you can engineer humanity to all think the same ain’t going to happen either.
Metacognition88
July 29, 2022 at 3:03 pm
Dao”s are the bees knees
RAHUL KARIYA
July 29, 2022 at 5:23 pm
TED MOSBY
Leo
July 29, 2022 at 6:04 pm
So the city is worth nothing now? Just like crypto? Hahahaah
Travis Grant
July 29, 2022 at 11:48 pm
This guy should talk to the people at both the auravana project and come up with a future city.
Noukz
July 30, 2022 at 4:22 pm
This so eerily similar to the book that I’m currently writing! Scott, have you been rummaging around my laptop recently?! 😃
Alon Shapiro
July 30, 2022 at 5:21 pm
This is such a scam. The main thing for a city is jobs, build a factory and you’ll have a town. You treat it as only housing problem. People need to earn a living. I also think parking is very important, Especially in congested cities your whole ideology is upsidedown.
Michael Dalton
July 31, 2022 at 1:50 am
Very forward idea, great talk, are the members “Required” to vote?
Asher Gavin Cole
July 31, 2022 at 6:18 pm
why not buy an island ?. Currently ,US can shut you guys whenever they want
rose
July 31, 2022 at 7:09 pm
صرت مدمنه قناتهم
TRAMWAJAZ1
August 1, 2022 at 12:10 pm
Do I understand it correctly that thanks to DAOs now regular people can put money into some ground breaking projects and if they are in fact successful big fish can arrive at already made business opportunity and just buy enough of tokens to overrule the rest of participants? Can I withdraw my money from DAO if I don’t like the path that is taken by the majority of voters?
Peteruspl
August 2, 2022 at 8:33 am
No worries, much more than 99% of these crypto project doesn’t succeed and than the hopeful investor who didn’t find a bigger fool to offload onto, can hold the empty bag. And if by chance this one does, likely founders have written the program so that they retain majority of power anyway.
HiImKaz
August 1, 2022 at 10:22 pm
this sounds cringe but im curious to see what happens
Jack Sparrow
August 1, 2022 at 11:53 pm
What a shattered dream; this is sad to watch. To think we were all naive enough to believe this block chain stuff could free us, unite us and pave the way to a better future.
But we all know the truth now; surveillance has won, data theft is killing privacy; and the corporations and governments are growing too powerful. Goodbye human rights and liberties; hello digital serfdome.
Darrell
August 2, 2022 at 4:15 am
Why did they call it Discord? Discord is not something I want. I keep my guitar tuned and a discord is something to avoid? I avoid DISCORD!
Thomas Bohn
August 2, 2022 at 6:38 am
“In a 2020 study, Wyoming was ranked as the 25th hardest state for citizens to vote in.” and a DAO wants to make it even harder by linking voting rights to capital which also gets abused a lot. This won’t end in a city but in a disaster.
Peteruspl
August 2, 2022 at 8:28 am
Crypto contributes nothing to this. You can do almost all of this via legal contracts, and the few things you can’t do we’ve learned from experience are usually end points for criminals. Yeah you speed some things up, that’s nice but if you loose your code or get it extorted there’s no recourse. Having a human authority allows some gaming of the system but so does any possible combination of the rules of the DAO. You could have almost exact same functionality with a normal database run by CityCompany (where people can buy shares, vote on issues, pay with shares for in-kind labor etc) instead of ledger run on crypto and used for CityDAO. The only real difference is there’s hype on crypto, with 99% of buyers are not in it for the alleged purposes but to eventually sell to a bigger fool for more dollars. For the purpose of wasting a bit of money to scam millions likely never even digging any foundations CityDAO is indispensable, while for the purpose of building a private city a company would do just as well or better.
Gerald Merkowitz
August 5, 2022 at 1:45 pm
I was intrigued, until the last minute… that would mean that influencers would fight not for popularity, but for power. While there’s a logic to it (the people we say we like represent us better than our “representatives” we elect) I don’t want my world to be ruled by a bunch of kardashians and logan pauls, to caricature a bit.
Lieve Leysen
August 6, 2022 at 11:29 am
💖