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diff --git a/2022/talks/maint.md b/2022/talks/maint.md index 927e5d84..e573ba65 100644 --- a/2022/talks/maint.md +++ b/2022/talks/maint.md @@ -142,11 +142,11 @@ The rest of these questions will be categorized under "ABE Now" -- relating to t Q: How is this different from splitting donations to my project with my partners? -A: It's like that, but on a grand scale, formalized, and "automated" in the sense that creators are not required to participate in this process. Rather, it is a service provided to members of the community by members of the community. In addition, it also: +A: In one respect it is dramatically different from that, and that is that *creators are not required to participate in this process*. Rather, it is a service provided to members of the community by members of the community. This shift may seem small on the surface, but it is precisely what lends this idea the power to solve the big problems I mentioned in the talk. There are two other differences, as ABE: 1. Recognizes antecedents in both directions. It's not just sharing proceeds from your project with your buddies, but also sharing with creators whose works and ideas are reflected in yours. And likewise, it's others sharing proceeds from their projects with you. -2. Encourages investment. It's easy enough to write a small project with your buddies, but when you have big dreams, you need big resources. If you are doing a startup in today's system, you divide "ownership" shares with your buddies and also with investors with deep pockets who can help you scale your project up to provide the maximum value. It's the same in ABE, except that anyone can be an investor simply by paying money to the project. This allows you to scale up your project by the support of ordinary mortals and not only "angels." It also means that every project will scale up to the right extent -- not too much and not too little -- because there are no incentives to wring value out of projects when there are more efficient ways to get the same amount value -- there are no barriers to becoming an investor, after all. If your particular horse isn't winning, there is no cost, and indeed an incentive, to pick another horse. Of course, in an ABE system, these horses aren't even competing, and there usually wouldn't even be a clear boundary between them! +2. Encourages investment. It's easy enough to write a small project with your buddies, but when you have big dreams, you need big resources. If you are doing a startup in today's system, you divide "ownership" shares with your buddies and also with investors with deep pockets who can help you scale your project up to provide the maximum value. It's the same in ABE, except that anyone can be an investor simply by paying money to the project. This allows you to scale up your project by the support of ordinary mortals and not only "angels." It also means that every project will scale up to the right extent -- not too much and not too little -- because there are no incentives to wring value out of projects when there are more efficient ways to get the same amount of value -- there are no barriers to becoming an investor, after all. If your particular horse isn't winning, there is no cost, and indeed an incentive, to pick another horse rather than force your horse to win at any cost. Of course, in an ABE system, you don't own these horses, they aren't even competing, and there usually wouldn't even be a clear boundary between them! Q: How is this different from SourceCred and OpenQ? When there are technologies and services like these around, why do we need ABE? |