Absolutely FABulous – Teething Troubles for the Fully Autonomous Business

The FAB (Fully Autonomous Business), or DAC (Distributed Autonomous Corporation), is the self organising cloud platform of the future.

Based on Block Chain technology the FAB will implement a set of algorithms. Running, the algorithms will provide a service which creates value. The FAB uses this value to compensate those that provide its compute and network infrastructure.

As customers leverage its services it will grow.

It will incentivise the market to expand its infrastructure; concretely this will be people downloading and running its client.

It will scale and expand while demand grows.

A service like AirBnB is a good candidate for FABification. The company owns non of the objects it manages (properties), it only owns (or leases) the data centres it runs on. Re-implemented as a FAB the crowd, rather than the cloud, could provide the infrastructure.

It will be a huge challenge to build this right, but also another opportunity to build back in some of the fairness and friendliness, of the early internet; before it got all filled up with SpamBots and Shills.

Teething Troubles:
http://www.wired.com/2016/06/biggest-crowdfunding-project-ever-dao-mess/

Gartner calls them Autonomous Business, and has a good article too:
http://www.gartner.com/smarterwithgartner/algorithms-autonomous-business/

Image: PAVEL KOLOMEYETS –  https://www.artstation.com/artwork/Ql08

Denial (Singularity’s Children Part 1)

Part 1 of Singularity’s Children.
available for pre-order and scheduled for publication: July 28, 2016
Available at Amazon.

An oblique
but familiar future. Biotech and neural interfaces have given voice to
locked-in intelligences, mosquitos are subsidised and the internet is
dying. It is a world desiccated by soulless algorithms, pacified beneath
the battle-suit’s boot and numbed by the bewitching voice of computational
propaganda. 
Struggling
for dignity and against irrelevance, rebellious minds must seek meaning beyond
the cultural desert:
Stella Sagong struggles with poverty and
exploitation, while living above a brothel on a huge floating tuna farm.
Niato Musiani, rejecting privilege allows
himself to be recruited into a life of eco-insurgency.
Keith Wilson attempts to cling onto his archaic
sense of ethics while grinding against suffocation by corporate morality.