Episode 13: The Economics of Blockchain with Joshua Gans

In this episode, we speak with Joshua Gans who is a professor of strategic management and the chair in technical innovation and entrepreneurship at the Rotman School of Management at the University of Toronto.

Major Topics Include:

The economics of technological innovation as it pertains to blockchain and artificial intelligence
His work on the book Prediction Machines and the paper “Some Simple Economics of the Blockchain”
How blockchain reduces the cost of verification and what this means for evaluating the potential of future blockchain uses and projects
The Creative Destruction Lab’s blockchain stream and its growing network of tech startups
The tradeoffs for startups between ICO fundraising and traditional venture capital
Third party verification, regulation, security tokens vs. utility tokens, bitcoin mining, smart contracts, etc.