a16z Crypto partner: DAOs will open up a new design space under regulatory clarity and AI agents

According to ChainCatcher, Ali Yahya, General Partner at a16z Crypto, stated in an article that during the last crypto era, DAOs (Decentralized Autonomous Organizations) were undoubtedly a failed experiment, but this may have been simply due to bad timing.

Ali Yahya admitted that over the past 10 years, the industry has painfully rediscovered that “direct democracy is a bad idea,” as no ordinary user is willing to wake up early to decide on risk parameters or protocol upgrades. He emphasized that as regulatory environments change, the industry will regain the legal space to experiment and explore representative democracy, bicameral systems, or hybrid architectures of permissioned and permissionless models; at the same time, AI agents can fill many management roles that humans are unwilling to take on, allowing DAOs to become truly “autonomous.” The design space for a new generation of DAOs, as software, will be limitless.