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By Futurist Thomas Frey

Great communities are founded on great ideas. At the same time, our most admired communities become a magnet, attracting the brightest minds. The relational effect is clear: Bright minds make a community great, and great communities attract bright minds.

In the future, communities will be designed around ways to stimulate new ideas using such things as creative environments, imagination sparkers, and inspirational architecture.

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Projects based on the elimination of trust have failed to capture customers’ interest because trust is actually so damn valuable. A lawless and mistrustful world where self-interest is the only principle and paranoia is the only source of safety is a not a paradise but a crypto-medieval hellhole.


Its failure to achieve adoption to date is because systems built on trust, norms, and institutions inherently function better than the type of no-need-for-trusted-parties systems blockchain envisions. That’s permanent: no matter how much blockchain improves it is still headed in the wrong direction.

This December I wrote a w idel y–ci rc ul ated article on the inapplicability of blockchain to any actual problem. People objected mostly not to the technology argument, but rather hoped that decentralization could produce integrity.

Let’s start with this: Venmo is a free service to transfer dollars, and bitcoin transfers are not free. Yet after I wrote an article last December saying bitcoin had no use, someone responded that Venmo and Paypal are raking in consumers’ money and people should switch to bitcoin.

Men should favour weight lifting and running over cycling in order to preserve their bones, scientists have said after a study suggested brittle bone disorders are more common than previously thought.

Scientists measuring the bone density of men and women between the ages of 35 and 50 found 28 per cent of men showed precursor signs of osteoporosis, compared to 26 per cent of women.

The results are surprising because the debilitating condition, which affects around three million people in the UK, is more commonly associated with women than men.

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Our civilization is made up of countless individuals and pieces of material technology, which come together to form institutions and interdependent systems of logistics, development and production. These institutions and systems then store the knowledge required for their own renewal and growth.

We pin the hopes of our common human project on this renewal and growth of the whole civilization. Whether this project is going well is a challenging but vital question to answer.

History shows us we are not safe from institutional collapse. Advances in technology mitigate some aspects, but produce their own risks. Agile institutions that make use of both social and technical knowledge not only mitigate such risks, but promise unprecedented human flourishing.

Watch this video where we investigate this landscape, evaluate our odds, and try to plot a better course.