Yes, our institutions are in decline and have failed us in many ways, but this is not the only reason we need new governance systems.
In the coming decades, we are headed towards a radically different, weird, and complex society, which will inevitably require completely different institutions, in nature, structure, and content.
We are on the cusp of reaching AGI and living (probably in symbiosis) with highly intelligent machines.
We are going to reverse engineer DNA, enabling us to easily change the code of life, overcome our biological limitations, and live hundreds of years.
Traveling while working around the world will be easier and cheaper, becoming the main lifestyle for most people. Current visa and passport technologies will become obsolete.
Education and healthcare are being digitalized and democratized by AI and smartphones, disrupting the current systems.
The world will be 100% covered by ultra-high-speed free internet, allowing us to communicate and exchange information in real time like never before. High-fidelity VR, the Internet of Things (real-time sensors for everything, including your body), and many more.
Do you really think our paper-and-politician-based institutions, which were brought to their knees during the pandemic, will be able to solve the issues of such a complex society?
Evidently not.
That's why trying to build new digitally-native decentralized governance systems is one of the most important challenges of our generation.
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