
A Richer World Owned by Fewer People
AI may create extraordinary abundance. The question that matters is: who owns it?
Thinking

A failed consulting pitch, George Washington's losses, and the strange clarity that comes when an old path disappears.
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Two connected bodies of work: the practical shift from AI tools to synthetic teams, and the longer founder thesis behind Stoin.
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AI may create extraordinary abundance. The question that matters is: who owns it?

Capitalism's problem isn't that ownership works. It's that too few kinds of contribution qualify for ownership.

A Stoin is a container for value. A tranche determines how you participate in it.

Distributed ownership without distributed governance can still produce concentrated power.

What happens when customers stop being the end of the value chain and start entering the cap table?

Money is a brilliant protocol for exchanging value. But perhaps it shouldn't be the only one.

The future of AI should be billions of humans making their own intelligences more valuable.

The first internet connected computers. The next one may connect sovereign humans and their synthetics.

You don't build a new economic system by launching a token. You build something useful first.

AI has made plenty of individual tasks faster. Five organizational failures explain why that has not always made the business itself much smarter.

A chatbot answers. An agent acts. A synth persists. That persistence creates a different relationship between intelligence, people, and the business.

Buying AI is easy. Building the context, authority, feedback, routing, and operational connections around it is the real work.

The next evolution of SaaS may not be better software. It may be synthetic workers that execute workflows, operate systems, and deliver outcomes.

A failed consulting pitch, George Washington's losses, and the strange clarity that comes when an old path disappears.