a16z Crypto partner: DAOs will open up a new design space under clear regulations and AI entities

a16z Crypto General Partner Ali Yahya stated that in the previous crypto era, DAOs (Decentralized Autonomous Organizations) were undoubtedly a failed experiment, but this may simply be due to "being born at the wrong time."

Ali Yahya admitted that over the past 10 years, the industry has painfully rediscovered that "direct democracy is a bad idea," as no ordinary users are willing to wake up in the morning to adjudicate risk parameters or protocol upgrades. He emphasized that with changes in the compliance landscape, the industry will regain legitimate space for experimentation, allowing exploration of representative democracy, bicameral systems, or hybrid architectures of licensed and unlicensed systems; at the same time, AI agents can fill many management responsibilities that humans are unwilling to undertake, thus allowing DAOs to truly move towards "autonomy," with the design space for the new generation of DAOs as software being limitless.