In this engaging discussion, Yancey Strickler, co-founder of Kickstarter and creator of Metalabel, shares his vision for a future where artists lead society. He argues that in a few decades, creatives will not just influence culture but also control capital. Yancey highlights the current exclusion of artists from capitalism and the need for a supportive structure to empower them. He discusses the innovative MetaLabel platform and a new project aimed at transforming the creative economy, making it a space where artists thrive and are fairly compensated.
Yancey Strickler emphasizes the transformation of the creative economy, predicting that artists will become the powerful leaders of society in the future.
Through his project MetaLabel, Strickler advocates for decentralized platforms that promote communal creativity and equitable sharing among creators, reshaping cultural production.
Deep dives
Exploring Modern Philosophy and Entrepreneurship
The episode features a conversation with Yancey Strickler, who identifies as both a writer and an entrepreneur, emphasizing the intersection of creativity and practical action. Strickler discusses his journey with crowdfunding through Kickstarter, highlighting how the introduction of a functional platform made the concept easily understood. By examining the relationship between form and user experience, he reflects on the idea that certain concepts need a physical representation to resonate with people, which he perceives as an empowering structure for creativity. This exploration of form leads him to believe in fostering environments that allow individuals to connect and collaborate, ultimately unlocking their latent potential.
The Emergence of New Creative Forms
Strickler contemplates whether he creates new forms or discovers existing ones, concluding that his work often reveals previously unarticulated ideas. He references the concept of 'idea space' from John Higgs, suggesting that ideas exist around us and can be accessed once we open ourselves to them. Through his project, Bentoism, which provides a framework for self-interest, he has successfully mapped out principles that recognized and validated true concepts within decision-making. The validation from an esteemed academic confirms that his observations are not just personal insights but are reflective of a broader truth.
Building Community through MetaLabel
Strickler introduces MetaLabel, a platform designed to foster collaboration and communal creativity in a decentralized manner. He draws parallels to historical groups like the Royal Society, stating that the most impactful cultural movements arise from communities united by shared visions rather than traditional corporate structures. The success of the Dark Forest Collective demonstrates how implementing automated profit-sharing mechanisms can empower creators while minimizing barriers to entry. This approach signals a shift where culture is produced collaboratively, ensuring that contributions are recognized, valued, and equitable.
The Future of Creative Economy
The discussion forwards the idea that the artist and creative economy is evolving at a rapid pace, driven by the need for operations that financially empower creators. Strickler predicts a future defined by 'many to many' interactions, enhancing the flow of money within creative sectors to create equitable economic opportunities. By establishing platforms that legitimize and circulate wealth among creators, the foundation for a vibrant new ecosystem is being built, shifting away from individuals solely seeking recognition. This interconnected economy fosters a more inclusive and supportive environment, allowing creative individuals to thrive collectively.
Yancey Strickler on Metalabel, Digital Scarcity, and the Coming Creative Revolution
Kickstarter co-founder Yancey Strickler unveils his vision of a radical economic future where artists become society's power brokers. Through Metalabel, he's building the infrastructure for collective commerce and creative ownership that could transform how we value and exchange culture.
“In 50 years, artists won't just influence culture—they'll control capital”
Key takeaways:
{00:13:10} - “The concept of art and creativity that we think of today that we take as givens that we're like, “Oh my God, I have to promote my drop again today,” are incredibly modern inventions.” - Yancey
{00:24;51] - “I believe {this project} will produce a world where 50 or 60 years from now, artists and creative people are the most powerful members of society. They will have the greatest influence. They will have the greatest access to wealth. They will be the most powerful people in society, and this is a structure by which that will occur. And that's a project we'll announce next year.” - Yancey
{00:26:20} - “We all want to be able to homestead and have our own spaces that are ours, but we also want to be part of spaces where we can be discovered. And so how can our catalogs exist in a world like that? Artists right now are excluded from capitalism. Let's change that.” - Yancey
{00:28:53} - “People are still just looking in the dead channel, the dying channels…where we've been trained to look for what is new and what matters. And the answer is that that's not where those things are happening now.” - Yancey
{00:38:09} - “Anyone who's 20 years old today, born and raised on the Internet, there's just like a mentality, a metamodern, just flat openness, super well-curated sort of vibe that I just think lends itself quite well to operating very specific, but I think very successful, small to medium-sized creative businesses.” - Yancey