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Dawn of Autonomous Corporations Powered by Bitcoin

4 points| singularityyy | 12 years ago |btcgeek.com

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[+] lukeqsee|12 years ago|reply
Could someone boil this down to what he's really saying?

I think I understand it as: a corporation that exists via code (written by humans, the only need for humans in running this corporation) in the cloud that provide some service to real people (e.g., an autonomous Über). Am I right?

[+] exratione|12 years ago|reply
Emergent, not autonomous.
[+] singularityyy|12 years ago|reply
Still autonomous. Why are they not autonomous as described in the article?