#45: Decentralized Talent Networks — How the Blockchain is Disrupting the Gig Economy

This week we welcome Adam Jackson to the podcast. Adam is a serial entrepreneur (Dr. On Demand, DriverSide.com, MarketSquare.com), startup advisor, and technology investor (Cambrian Asset Management). Adam’s most recent venture, Braintrust, is the first and largest decentralized talent network completely controlled by its users.Topics include: the distinction between user-owned networks and corporate-owned networks, the concept of a “rake” as it relates to talent networks, why middlemen tend to extract an increasing amount of value over time, the case of DoorDash and stolen driver tips, how blockchain tokens help keep rakes low (or negative), the role of governments in regulating the gig economy, the historical purpose of corporations and the coming “unbundling” of labor, how elastic workforces benefit employers and workers alike, the likelihood of finding job security in the gig economy, the question of who “owns” a freelancer’s work history, and how the Braintrust token serves as both an incentive mechanism and a governance system for the Braintrust network.