Companies of the future: No CEO, no boss, managed by blockchain

We can get rid of bad bosses once and for all. At least that’s the promise of a radically new type of organization based on blockchain technology.

It’s called a Decentralized Autonomous Organization and it has no CEO, CFO, or VPs.

In fact, there’s no hierarchy at all. Of course, any time you bring people together in a group, there are bound to be politics, but it won’t be the “command and control” structure that most of us are used to.

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The Rise of Technological Unemployment

HERO-botlr

A machine that administers sedatives recently began treating patients at a Seattle hospital. At a Silicon Valley hotel, a bellhop robot delivers items to people’s rooms. Last spring, a software algorithm wrote a breaking news article about an earthquake that The Los Angeles Times published.

Although fears that technology will displace jobs are at least as old as the Luddites, there are signs that this time may really be different. The technological breakthroughs of recent years — allowing machines to mimic the human mind — are enabling machines to do knowledge jobs and service jobs, in addition to factory and clerical work.

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