❗ Arthur Hayes (CryptoHayes) has a new blog post in which he shares his thoughts on AI-powered DAOs! What effect could they have on the global economy? Read more here -
Artificial Intelligence could potentially organize itself using a Decentralised Autonomous Organisation structure, according to BitMEX founder Arthur Hayes.
According to Hayes, the state will not be able to exert control over AIs because it cannot technically kill or meaningfully punish such systems.Such a scenario leaves no reason for an AI economic unit, i.e., an AI DAO, to follow any state-based legal norms. And since the state can’t exert control over DAOs, these entities will resort to fundraising and trade debt, equity, utility, etc., tokens on DEXs that are not hosted on traditional centralized exchanges .
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