If I ever gave the impression that I think the Network Economies model is perfect, that was not the intent I do believe though that this model has both the best explanatory power for the multiple crises we're facing (crisis of trust, automation & joblessness, AI misalignment, corporate race to the bottom, wealth concentration, sensemaking crisis, etc.) and also the best shot at escaping the Economic Vortex we're all being sucked into and putting us on a path to mass prosperity Obviously I haven't worked out every last possible edge case and failure mode, and it's possible the model has bigger issues So if you think there is a better economic model out there, or have ideas to improve or stress test the Network Economies model, I'd love to hear it (can do it in the replies or send me a DC)

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I just nominated @hircani200's cast for its impact on Farcaster Help build the user-centric algo with /impact

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I just nominated @minooart's cast for its impact on Farcaster Help build the user-centric algo with /impact

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Almost 20 years ago I came to the conclusion that sooner or later automation is going to completely wreck our economy. (That was before AI was even a thing.) Since I was in college at the time, that made me wonder — what’s the point of making a lot of money if, in 30–40 years, money itself might lose value once the economy collapses? I started thinking about whether I could actually understand what’s wrong with our system — and maybe come up with a way to fix it. An alien looking at our situation would probably think we’ve lost our minds. It’s not some catastrophic event threatening to collapse our economy, but technological progress itself — the ability to mass-produce almost everything people need and want, with little to no human labor. It just didn’t make sense. So I studied economics in college and did come up with a possible solution. The problem was that what I came up with required a technological component that, at the time, I estimated would take about 80 years to develop. So I decided to focus on a career in architecture instead, hoping that sooner or later someone would figure out a way to avert an economic collapse. Almost 15 years later, I listened to a podcast with @vitalik.eth and realized that Ethereum — or rather, “programmable money” — could be used instead of the tech solution I had originally imagined. What struck me then was that not only had no one offered a serious solution to prevent mass joblessness or economic collapse, but two new challenges had emerged: 1) AI is accelerating the timeline I had once worried about. 2) Our information ecology has deteriorated so much that even a great solution would struggle to break through the noise. Still, we have to play the hand we’re dealt. Almost two decades later, I’m seeing that most of the crises we face today — from the breakdown of trust in media and institutions, to social polarization, economic stagnation, market failures in public goods, and resource conflicts — are all connected to the same underlying problem I was trying to identify back then. The good news is that it can be solved. We now have both the technological tools and the economic framework needed to move toward prosperity instead of collapse. Here’s that framework:

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“Now strangers from across the globe can share value directly and coordinate through software instead of hierarchy. This makes space for a new kind of organization: one that turns shared belief into impact, and impact into upside for everyone who contributes.”

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This may be the most important article I wrote in the past year: https://open.substack.com/pub/abundances/p/building-a-21st-century-economy?utm_source=share&utm_medium=android&r=16vckg what do you guys think?

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this is your reminder to work on what you care about

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Happy 2026 everyone! This year I invite you to join me on an adventure — an adventure to create a better economic reality You don’t need to pack anything, so don’t get too giddy, but I do promise the trip will be worthwhile. This adventure is both an escape and a destination. We are escaping an economic reality that is increasingly threatening us with joblessness, and our children with lower living standards and dystopian nightmares. And while the system can create abundance for all, it can’t do so profitably (since only scarce or artificially scarce goods currently have an exchange value in the market). So it forces us to choose between our self‑fulfillment — creating things that genuinely benefit others — and our livelihood. We now have the technology and the ability to create a better economic reality. A reality where we no longer have to choose between self‑fulfillment and livelihood; where creating things in abundance for all is profitable; and where the race is to make people’s lives better — for us and our children. But while all of this is possible, none of it will happen if people don’t know about it and build it. And that is the purpose of this adventure. So if you’d like to join me on an adventure to create a better economic reality, DC me or follow the link below (https://abundance.id). And if not, well, you can always take the blue pill (or unfollow). See you on the other side, and Happy New Year!

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I just nominated @femmie's cast for its impact on Farcaster Support impactful creators & builders 👇

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I just nominated @xmil's cast for its impact on Farcaster Support impactful creators & builders 👇

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I just nominated @push-'s cast for its impact on Farcaster

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I just nominated @catswilleatyou's cast for its impact on Farcaster

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I just nominated @nazii-kn's cast for its impact on Farcaster Help build the user-centric algo with /impact

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Bernie is proposing an idea that Bill Gates had too: let's tax robots! Unfortunately it's not a long-term solution What happens when the robots produce everything offshore? More importantly, the more corporations rely on robots, the more profitable they become, and w that comes concentration of wealth and power Until one day, govt will have very little say in taxing these corporations. Because corporations will effectively be in control of govt Taxing robots, UBI, "optional work" etc. are all false promises, and futile attempts to apply outdated thinking to a 21st century problem Here is how we can solve this: https://abundances.substack.com/p/your-economy-urgently-needs-an-update https://x.com/BernieSanders/status/2005730698188255575

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I multi-tipped 169670 $TYSM to 7 creators with /impact! Help build the user-centric algo with /impact

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