Why doesn't Google split up into mini startups, with more equity upside in doing well? (https://en.wikipedia.org/wiki/The_Nature_of_the_Firm)
How to fight decline in ownership?
Aka Why no mega-apps like WeChat in US?
Animals? AI? Institutions/corporations/nations? Future beings?
See https://aiimpacts.org/we-dont-trade-with-ants/, https://www.thinkingcomplete.com/2022/07/moral-strategies-at-different.html
To a first order approximation, almost no work in the world is accomplished via a bounty or prize. Serious work tends to be done by fulltime professionals.
Problem: how much to value of a thing after already receiving the thing -- proactive payments reveal true preferences; retroactive payments encourage lying
Maybe: representative democracy seems to do a pretty good job; corporations are kind of representative democracy (except votes are mostly dollars)
How do you decide how much to pay under a QF situation?
Vitalik seems to like it, but outside of a few test cases like Gitcoin it hasn’t gotten wider traction. One might expect actually good decisionmaking criteria to be adopted by curious orgs.