AI systems are breaking an internet that was designed at human-scale — by making it cheaper than ever to coordinate, transact, and generate voice, video, and text that are increasingly indistinguishable from human activity. We’re already beset w
Walk through a bazaar as a tourist, and you’ll witness a spectacle: people buzzing everywhere, gawking at merchandise, comparing wares, sampling items, haggling with every vendor, exchanging coins. It looks like one-off commerce — each intera
Web3 ushered in new innovations in governance, from frameworks for organizing people to systems for making collective decisions across distributed systems – but how did we get here? The history of web3 governance systems is an offshoot of the history of governance systems more broadly. In this talk, a16z crypto Deal Partner Porter Smith traces innovations in governance through time; and tracks the emergence of web3 governance through NFT communities, DAOs, and more.