Thanks for the comment! I do think DACs are an important economics idea. This post details the main reason why I don’t think they can raise a lot of money (compared with copyright etc) under most realistic conditions, where it’s hard to identify lots of people who value the good at above some floor. AGI might have an easier time with this sort of thing through better predictions of agents’ utility functions, and open-source agent code.
Thanks for the comment! I do think DACs are an important economics idea. This post details the main reason why I don’t think they can raise a lot of money (compared with copyright etc) under most realistic conditions, where it’s hard to identify lots of people who value the good at above some floor. AGI might have an easier time with this sort of thing through better predictions of agents’ utility functions, and open-source agent code.