Genius Andreas M. Antonopoulos on:
Ethereum Q&A: Scaling a decentralized organization
Instead of DAOs, how about decentralized autonomous societies (DAS), decentralisation at a societal scale? These are still very immature technologies.
The use case for smart contracts and DAOs will first be in small-scale corporate governance and associations, before they could influence the structure of large-scale models of organization.
The problems are super-state entities are due to those in power being removed from the consequences of their decisions. Why are there so many sharks and scams in these areas? Decentralization is the poison pill of large organizations designed to centralize more and more power.
CORRECTION: At 5:00, I mention "the difference between democracy and demarchy." What I meant to say was "pure democracy," not demarchy, which is 'rule by the randomly selected.'