...by Daniel Szego
quote
"Simplicity is the ultimate sophistication."
Leonardo da Vinci

Monday, October 10, 2016

Notes on Business Productivity and DAO


Business Productivity means somehow working more efficient, in other words producing as much output for a given time as possible. Considering however from a pure financial perspective human resource is basicaly just a resource that is actually pretty much expensive and risky. We see the tendece for decades that human labour has been actively replaced by software and hardware compontents and noone has ever complaind from the inverstor side.
However if it is really a tendency and a need producing as much output for as little input as possible than we might as well ask the question from the other side, similarly as the question was asked by Ethereum and DAO. 
- Do we actually need humans as work force for value creation ?
- Which activities and Organisation structures can be 100% replaced by algorithms ?
- Which companies and company structures can be fully automated ?    
- How is it possible to invest in a fully automated company ?