<transcript><audio_66>it's it's highly centralized the further up you go the fewer entities there are so it is not a good optimization structure and and worst of all is that it's not composable you don't have a good way to stagger funds and to propagate funding across different different</transcript><transcript><audio_67>to build a network of funding structures so going back to this we want something like this we want to have a version of this that works to do this kind of public good funding not just funding the creation of a private cash flow as</transcript><transcript><audio_68>the stock market values but a funding structure that can enable the broad production of public goods and ideally with a feedback mechanism that that enables a prediction market to form in to optimize that surface so let's look in detail at public good</transcript><transcript><audio_69>organizations then they tend to kind of create a public good and they sort of give it to to the broad public and usually what comes back in the other direction is kind of like some sense of mission accomplished some goal has been done that is often one of the primary reasons why people do this kind</transcript> it's it's highly centralized the further up you go the fewer entities there are so it is not a good optimization structure and and worst of all is that it's not composable you don't have a good way to stagger funds and to propagate funding across different different to build a network of funding structures so going back to this we want something like this we want to have a version of this that works to do this kind of public good funding not just funding the creation of a private cash flow as the stock market values but a funding structure that can enable the broad production of public goods and ideally with a feedback mechanism that that enables a prediction market to form in to optimize that surface so let's look in detail at public good organizations then they tend to kind of create a public good and they sort of give it to to the broad public and usually what comes back in the other direction is kind of like some sense of mission accomplished some goal has been done that is often one of the primary reasons why people do this kind
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