Gabriel Ortiz’s Reviews > Social Physics: How Good Ideas Spread— The Lessons from a New Science > Status Update

In the case of blockchain:Proof of work just consolidates power in the hands of the savy and rich. Proof of stake just consolidates compute in the hands of the rich.

This is a problem which compounds on building a better exchange network as has been proposed to an alternative to open-market mechanisms by Pentland.

Incredible experiments in social engineering at scale. If this was possible years ago with an MIT budget imagine what is possible nowadays. Take the Pokémon go phenomenon for example. A group of game developers at niantic were able to engineer a mass of users to wage territorial battles in real space using social incentives and a mutual love for a franchise.

Think about what could be done with an ideology.

“The largest factor in predicting group intelligence was the equality of conversational turn taking; groups where a few people dominated the conversation were collectively less intelligent than those with a more equal distribution of conversational turn taking.”