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In this episode, we’ll explore the concept of The Network State with Balaji Srinivasan. As the world becomes more digital, it also becomes more distributed. This is obvious on the individual level – how you order goods, the way you chat with friends, and the news you consume… all from a handheld computer. It’s also becoming more obvious at the company level. The pandemic shook the world into remote work and many companies have decided that maybe work can be done in ways they never imagined. But what about the state – whatever that means? Could the network rival the state? In this episode we’ll explore what a nation state even is and how it may be challenged by a new Leviathan: the network. We also cover the difference between a nation and a state, how constants become variables, the cloud continent, digital power, your identity stack, calibrating risk, polycentric law, cloud regulations, building fast with atoms, founding vs inheriting, the powerful vs the powerless, and just about everything in between.Timestamps: 0:00 - Introduction2:41 - Nation vs state14:38 - Constants becoming variables16:12 - The cloud continent20:10 - The three leviathans30:00 - Digital power37:20 - The identity stack53:22 - Cloud first, land last55:49 - Diplomatic recognition1:01:47 - Root access to land1:06:35 - Calibrating risk as society1:16:13 - Regulatory harmonization1:28:15 - Polycentric law1:34:49 - Building fast with atoms1:38:57 - Looking to history1:42:00 - Founding vs inheriting1:50:46 - The one commandment2:17:33 - The powerful vs powerless2:28:46 - The competition for people2:33:45 - Historical lines2:42:23 - v3 of governance Resources: Balaji’s Twitter: https://twitter.com/balajisBalaji’s website: https://balajis.com/The Network State: https://thenetworkstate.com/ Stay Updated: Find us on Twitter: https://twitter.com/a16zFind us on LinkedIn: https://www.linkedin.com/company/a16zSubscribe on your favorite podcast app: https://a16z.com/podcastsFollow our host: https://twitter.com/stephsmithioPlease note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. For more details please see a16z.com/disclosures.