Autonomous bots

Blockchain, the end of public oversight ?

The reason [traditional governance] hasn’t worked out that well is that people end up gaming the systems for their own advantage. And the reason why this might be different is because it’s a tool…that we explicitly can’t control. It’s a tool that we put outside of our jurisdiction in order to have it govern us. That is a hard-core thing we have never done before. Society has never created something that is not human in order to govern society.

Ethereum Developer Explores the Dark Side of Bitcoin-Inspired Technology – IEEE Spectrum (June 2016)

 

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