Tokenomics - the Microsoft worldview as CEO Satya Nadella pitches a loopy vision of human capital gaining value faster than tokens
A slightly different spin on the tokenomics debate from Microsoft CEO Satya Nadella as he argues that the hard cash focus on “token capital” mustn’t come at the expense of building out “human capital”.
It’s ‘human in the loop’ time, but this time approached from a skills and talent perspective to generate AI capabilities that can continuously learn from an organization's needs and inherent expertise.
And it’s about keeping that in-house. Let’s not repeat the false economy of the outsourcing boom, when organizations handed over their needs to a major systems house and found themselves overly-dependent and tied into their vendor of choice as their provider evolved effortlessly into their captor and the client became the hostage:
Think about what happened in the first phase of globalization where entire industrial economies were hollowed out by outsourcing. The GDP numbers looked fine on the surface, but the displacement was real and...
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