I agree. The environment in which this must function is corrosive to the very idea, hence why I’m asking it openly here. It’s a pretty dense minefield.
I’m no lawyer, but I’ve mused a lot about some kind of legal “dead man switch” that somehow renders the company value-less if it deviated from the intended path. Something built into the company’s charter and founding documents, not unlike some kind of constitution.
Having seen OpenAI’s trajectory of becoming a for-profit and not being “Open” in any serious sense of the word, I genuinely think market forces can absolutely pry open any chest they perceive as containing gold.
My personal conclusion is that you genuinely have to deal with human beings. Take federation for instance: we can try to decentralize these things and make an incredibly solid system, but we still depend on people coming to the realization that this is a good idea and adopting it for their personal/professional internet use.
Now I’m wondering if there such a thing as a decentralized private company? I can’t think of anything beyond having subsidiaries in different countries, but that still requires a parent or at least a main point of contact in the form of the owner. So we’re back to humans.
Now I’m wondering if there such a thing as a decentralized private company?
I’ve been thinking about this all week. I have no idea if that exists or not. A few things sprang to mind though:
It might be possible to have lightweight companies that all adopt the same incorporation boilerplate, not unlike a computer operating system. That, in turn, would be developed by a distinct entity and would publish updates to improve said OS over time. So, open-source but for legal docs that matter. This would make companies unified in principle, but ultimately, distinct.
It’s possible for companies to operate “at arm’s length” but still share useful information or coordinate towards similar goals. One must be well-versed in anti-trust law to do this though.
A franchise is the only existing model I can think of that comes even close. But that’s still centralized. I suppose a non-profit parent company and for/non-profit franchise operations might come closer.
I agree. The environment in which this must function is corrosive to the very idea, hence why I’m asking it openly here. It’s a pretty dense minefield.
I’m no lawyer, but I’ve mused a lot about some kind of legal “dead man switch” that somehow renders the company value-less if it deviated from the intended path. Something built into the company’s charter and founding documents, not unlike some kind of constitution.
I really don’t know if you could.
Having seen OpenAI’s trajectory of becoming a for-profit and not being “Open” in any serious sense of the word, I genuinely think market forces can absolutely pry open any chest they perceive as containing gold.
My personal conclusion is that you genuinely have to deal with human beings. Take federation for instance: we can try to decentralize these things and make an incredibly solid system, but we still depend on people coming to the realization that this is a good idea and adopting it for their personal/professional internet use.
Now I’m wondering if there such a thing as a decentralized private company? I can’t think of anything beyond having subsidiaries in different countries, but that still requires a parent or at least a main point of contact in the form of the owner. So we’re back to humans.
I’ve been thinking about this all week. I have no idea if that exists or not. A few things sprang to mind though:
It might be possible to have lightweight companies that all adopt the same incorporation boilerplate, not unlike a computer operating system. That, in turn, would be developed by a distinct entity and would publish updates to improve said OS over time. So, open-source but for legal docs that matter. This would make companies unified in principle, but ultimately, distinct.
It’s possible for companies to operate “at arm’s length” but still share useful information or coordinate towards similar goals. One must be well-versed in anti-trust law to do this though.
A franchise is the only existing model I can think of that comes even close. But that’s still centralized. I suppose a non-profit parent company and for/non-profit franchise operations might come closer.