Keynote, Lecture, Conference Presentation
Balaji Srinivasan at Startup School 2013
- Silicon Valley's "ultimate exit" strategy is projected to gain critical importance over the next decade to diminish the influence of Washington DC decisions and reinvent industries currently dominated by "paper belt" cities.
- Mobile technology is expected to evolve to render physical location irrelevant, serving as a primary tool to reduce exit barriers and lock-in imposed by existing geographic constraints.
- The emergence of a world run by software will be driven by increased opt-out capabilities and the development of 3D printing, which aims to transform regulation into digital rights management (DRM) to prevent the banning of physical objects.
- Capital controls are predicted to become ineffective as Bitcoin adoption enables packet filtering, allowing assets to bypass bail-ins and seizures, while property rights may shift toward a network effect based on Bitcoin's "smart property" concepts.
- A potential explosion in the number of nations is forecasted to see the global count double, triple, or quadruple, with new states offering replicable lessons that allow other entities to avoid implementation risks.
- Larry Page is anticipated to designate a specific portion of the world for unregulated experimentation, potentially facilitating the creation of an opt-in society run by technology.
- Medical care is expected to become mobile through the adoption of quantified self-technology, enabling individuals to measure their own health independently.
- Immigration policies are projected to transform into firewall technology using telepresence and remote-controlled robots, while drones and humanoid robots will allow physical presence anywhere globally without the need for travel tickets.
- Governance and conflict dynamics are forecasted to evolve into software-based systems where laws become code and management shifts toward automation via robotics.
- Application development is planned to assist the middle class in creating tax shelters and facilitating easier relocation between cities, contributing to the collective effort to build exit-oriented technologies.