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Decentralized Autonomous Corporation

A Decentralized Autonomous Corporation (sometimes referred to as a Fully Automated Business Entity or a Distributed Autonomous Corporation, often abbreviated "FAB" or "DAC") is a decentralized (or distributed) network of narrow-AI autonomous agents which perform an output-maximizing production function and which divides its labor into computationally intractable tasks (which it incentivizes humans to do) and tasks which it performs itself.


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