We Voted on It, and You’re Fired. Welcome to the New World of DAOs

In democracies, Fortune 500 companies, blockchain DAOs, and other large organizations, few stakeholders actually contribute thoughtfully to governance. This isn’t a moral failing; rather, it’s a practical challenge. For example,I own shares in S&P 500 index funds, but I couldn’t possibly track the range of open issues at even a fraction of companies in the funds.