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Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly.

Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly.

2 comments

[–] Dii_Casses 2 points (+2|-0)

Bah. Is the taxi app api going to code itself?

[–] CDanger 0 points (+0|-0)

That work still has to be done and requires skilled labor.

It could conceivably automate away some CEOs, lawyers, and other rent seekers, however. Whether that is how it actually plays out is far less certain in my opinion.