The Growth of Decentralisation with Travis Kling - WBD473

Travis Kling is the Chief Investment Officer and Ikigai. In this
interview, we discuss the need for decentralization, Bitcoin as
pristine collateral and whether we’re living in a simulation.


- - - -


Google, Facebook and Amazon are still relatively young companies,
formed in the slipstream of the internet. They rose from a mass
of competition to dominate not just the internet, but to become
some of the most powerful organisations in the world. Such is
their power that they are changing society in profound and
concerning ways.


At the same time, there has been significant erosion in trust.
The Iraq War and the sub-prime mortgage crisis combined to
generate widespread disillusionment with the status quo. This was
funnelled into social media’s new echo chambers with algorithms
that stoked fear and anger. We are still struggling to deal with
the results.


A major issue of concern is that the next wave of technological
innovation is expected to be overwhelmingly disruptive: AI and
robotics in particular have potentially unlimited capacity to
revolutionise society. If we don’t resolve the issues caused by
centralization now, the future for democratic governance looks
bleak.