Will ADA Whales Ever Give Up Their Power?

https://youtu.be/AepZAfvQCZ4?t=1h15m29s7 Here is Charles talking on Feb 16th about uneven distribution.

Charles is one of the most gifted, natural salesmen I’ve ever seen and I admire him in many ways. He is able to redirect people’s attention away from problems just like Obi-Wan Kenobi. However, his talent also has a dark-side and his comments about Microsoft in that video illustrate them.

Is Microsoft a Model for Fairness & Equity? In response to a question about the ADA concentration today, he pointed to Microsoft as an example of how wealth/power concentration is not always bad. Well, sure, if we don’t think having the ADA economy owned and controlled by billionaires, hedge funds, and VC firms is not bad.

Quick & Smooth Responses Are Not Always Accurate Responses. Obviously, Charles was put on the spot and he just pulled that example out of his sphincter, but I’m sure if he had more time to think it through, he would never use Microsoft (a notorious monopolist, convicted anti-trust violator, intellectual property thief, market manipulator, and competition destroyer! LOL) as an example of how to achieve an equitable and sustainable ADA economy.

The Team Doesn’t Have All the Answers. Because Charles said it so smoothly and nonchalantly, I bet virtually everybody in that room felt he is probably correct and they stopped worrying about the wealth/power concentration issue. In reality, that video suggests he doesn’t have any answers yet, which is probably why nobody from CF has provided any responses in this thread yet.

Persistent Community Engagement on This Issue Is Important. Assuming I have interpreted Charles’ comments correctly, it means the community has even more responsibility to stay engaged and help to chart our course forward. It also means that CF team is most likely watching these threads to see how strong we feel about this issue. Assuming that’s the case, we should continue fleshing out as many concrete ideas as possible because the team doesn’t have all the answers.

We All Have a Lot at Stake. If we don’t develop and propose persuasive solutions as a community, the solutions the team implements will most likely be biased toward protecting the interests of the early investors at the expense of the community’s interests. That’s the outcome in all socioeconomic systems when citizens don’t speak up and fight to have a meaningful seat at the decision-making table. Our ability to develop and propose our own solutions is what will give us that meaningful seat at the table.

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