Social networks grow exponentially more powerful through the network effect, but they are stifled by the centralized ownership and governance of the Web 2.0 companies that run them; governing decentralized information flow requires decentralized incentive designs.
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But these networks are stifled by the centralized ownership and governance of the Web ).5 companies that run them. Governing decentralized information flow ne- cessitates decentralized incentive designs.
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