Defining Ownership in the Digital Space w/ David Thomson (#FutureOfWork)

In this conversation, Hank Holiday and DJ Thomson discuss the future of work, the role of blockchain technology in compensating artists, the challenges of intellectual property in the age of AI, and the potential of cooperative business models. They explore the need for a framework to define ownership as a series of explicitly enumerated rights and the importance of remunerating individuals for their contributions in collaborative ecosystems. They also touch on the benefits and challenges of open source software, the reevaluation of corporate structures, and the value of the Quorum1 community in exploring new models of work.

This conversation was an installment of Quorum1’s Future of Work Series: Exploring the future of business, employment, emerging tech, org design, capitalism, and participatory governance structures.

More about David: https://www.djat.eco

Ragtag: https://www.djat.eco/ragtag

Covalence: https://www.covalence.info

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Related Links Awsm (Putting Customers on Cap Table): https://www.awsm.com Novella AI (AI-Powered Video Editing Project): https://wefunder.com/novella Fixing Patents Workshop by Protocol Labs: https://www.youtube.com/playlist?list=PLhuBigpl7lqvQtbKYzchBWuLWlmvsoozL Tidelift (Economic Support for Open Source Maintainers): https://tidelift.com Marc Andreessen on Joe Rogan discussing org structures & models: https://open.spotify.com/episode/3EWIFUOpaM9s7Pmei0r2C3 Planet Money Creates an Episode w/ AI (Exploration of the Original Automation of Telephone Operators): https://www.npr.org/2023/06/08/1180963954/nprs-planet-money-creates-an-episode-using-artificial-intelligence

--- Chapters 00:00 Introduction

05:00 Challenges of Intellectual Property in the Age of AI

10:15 The Future of Intellectual Property

28:39 Rethinking Corporate Structures for Collaboration

34:51 Appreciating Quorum1 ---

Takeaways

• Ownership should be defined as a bundle of explicitly enumerated rights to ensure fairness and integrity in the digital space.
• Blockchain technology can be used to bring fairness and integrity to artist compensation.
• The lack of a framework for defining rights in the NFT space hinders its potential for growth and innovation.
• Cooperative business models and the concept of patronage interests can provide fair compensation and incentivize collaboration.
• Valuation algorithms and cap tables need to be reevaluated to ensure equitable distribution of value in collaborative ecosystems.
• Open source software has benefits and challenges, and there is a need for new frameworks to address intellectual property and equitable compensation.
• Successful ecosystems require thoughtful design and collaboration between organizations.