Abstract

In 2008, Patri Friedman, the Google-based grandson of Milton Friedman, came together with Peter Thiel, the Silicon Valley venture capitalist who founded PayPal, the data analytics company Palantir Technologies, and made early investments in Facebook and several other start-ups, to found ‘The Seasteading Institute’ (TSI). As Joe Quirk, the current president of TSI and author of Seasteading, TSI’s manifesto, tells it: Peter is a US-rated chess master; Patri has competed in the World Series of Poker. The two strategic thinkers hit it off. After years of contemplating the laws for governance while writing code as an employee at Google, Patri was able to describe to Peter why law is code and why government is in principle an information technology – which means that governance can progress to serve humanity with unimaginable Silicon Valley speed if only subjected to fluid market competition among anyone empowered to innovate. Peter was sold. The idea that brought together Friedman, Thiel, Quirk, and others involved colonizing the seas by building modular floating structures – houses, office buildings, factory floors, sporting arenas, and so on – that could be arranged into atolls and archipelagos. ‘Seasteads’, as they are called by derivation from ‘homesteads’, are intended to have a dynamic character. TSI suggests that individual units might be detached from one formation and towed to another; and that such formations will, in time, come to occupy many parts of the ocean, including areas just off state coasts – thus within zones of national jurisdiction – as well as the high seas.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.