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
a16z crypto’s CTO delves into the world of tokens, outlining various token categories — including memecoins, stablecoins, arcade tokens, and network tokens. He shares the differences and similarities between token types, and also the path to progressive decentralization, in this talk (first delivered at our Crypto Startup Accelerator).