Will DAO upend the traditional Centralized Organization and their owners?

We worry a lot about automation. Automation will create massive unemployments. About 80% jobs can be automated with current and near future technology. The benefit of automation will goes back to top 1%, or will it?

Automation is basically a large number of codes running on computational devices such as CPUs. In cases, automated devices may have moving elements such as car assembly line. It is rumored that TESLA tried to automate most parts of its assembly line which caused delays since it was almost unachievable with current technology. GM took similar attempt in 1980s.

However, due to Moore's law, computing devices are becoming cheaper and cheaper. Today one can buy a computer with $200 which more powerful than supercomputer of 20 years back.

With advent and improvement of 3D printing and ancillary technologies even moving assembly lines will follow Moore's law which means cheaper every year.

Now most of the automation software and hardware will be open source. Or, somebody make opensource version of any popular automated device.

It means that a single person or a group can make an organization that would require expensive hardware and thousands of people. Again, why build an expensive centralized datacenter use the cheaper Decentralized Clouds. It means that centralized organization can become less competitive since they will lose monopoly of capital, expensive hardware and finally, talented people. Why a bunch of talented people will work 9am to 9pm for goal of a centralized organization, most cases, an elite.

Even people may not work anymore for Centralized Organization since most of their needs can be fulfilled by the automated processes.

Due to open, creative, owner-model (e.g. DPoS) of DAO with explosion of automation tech, they can easily replace the centralized owners and their organization. Therefore, in the long run, the upcoming automation can be destroyer of centralized Organization.

Now think of Steem chain, we can make literally make Facebook, Youtube, Instagram, Reddit, Twitter, Ebay, NASDAQ etc. With few more techs such as 3D printing, nanotech, VR etc. future Tesla, Boing, or Apple can be made by DAO.

How long it can take? Due to exponential nature of technology such as Moore's law, this can happen in our lifetime.

Disclaimer: This opinion is not a financial advice, it my personal perspective and opinion. Please seek professionals for financial decisions.

Image sources: Most images are open sourced (e.g. Pixabay, Wikimedia etc.) with Creative common license. Some images are used with due courtesy to respected owners.

Thanks for reading.
@riseofth
Cryptominer since 2013, occasional trader and tech blogger