Ahri's unqualified thoughts #22
Random articles, quotes, videos, musings. Easy to consume content: 1 quote, 1 tweet/storm and 1 article/video.
On today's menu: a tweetstorm about DAOs and their perfectly flawed model, and an article about EA restructuration.
1 quote
"Only the educated are free" Epictetus
1 tweet/storm
You are now aware of my strong aversion to DAOs, and I take solace in the fact that I am not alone in this team. The model is fundamentally flawed and falls way too short of the utopia that is often peddled by some snake-oil salesmen in our industry.
In this thread, pseudonymous user 0xSydney addresses the same concerns as I do and provides an insightful analysis using ApeCoin DAO as an example. She systematically breaks down her thought process, highlighting several key issues:
Voter apathy
Misaligned incentives
Easily rigged
Slow Moving
Frontrunning
To be honest, she articulates my thoughts better than I ever could. Therefore, I ask you to read carefully the thread to gain a better understanding of my stance on this topic.
1 article/video
In this piece penned by Andrew Wilson (well, by Corpo I mean), CEO of EA, the company discusses the corporate changes they are implementing to address present and future challenges. These changes include:
Creation of Two New Entities:
EA Entertainment, led by Laura Miele, who now oversees Technology & Central Development on top of being President of the entity - she previously held the title of Chief Studios Officer.
EA Sports, headed by Cam Weber, formerly EVP at EA and GM of EA Sports.
Leadership Assignments under Laura Miele:
Vince Zampella takes charge of studios responsible for Apex Legends, Star Wars games, and Battlefield.
Samantha Ryan focuses on lifestyle franchises and single-player experiences (pls pls pls a solid Dragon Age 4 from BioWare).
Jeff Karp continues leading the mobile division.
Operational Adjustments:
David Tinson assumes the role of EVP and Chief Experiences Officer.
Stuart Canfield assumes the position of EA's new EVP and Chief Financial Officer.
Departures:
Chris Bruzzo and Chris Suh have left the company.
As Naavik rightly points out in their article, these changes come on the heels of EA's recent workforce reduction of 6%. Additionally, the timing coincides with the upcoming launch of EA Sports' first non-licensed football game, following the end of their agreement with FIFA.
Me thinks that these changes may be in preparation for a potential acquisition, although the recent ATVI/Microsoft deal and all regulatory hurdles around the world raise questions about its feasibility.
In conclusion, Andrew Wilson shared his thoughts on the matter, but his statement was not provided in the article.
Over the coming months, Stuart, Laura, Cam, and David will partner closely with studio leaders to implement these organizational changes, further embedding dedicated capabilities into franchise teams and driving operational rigor. Chief Strategy Officer Mihir Vaidya will now report directly to me, and together with Chief People Officer Mala Singh and Chief Legal Officer Jake Schatz, our entire management team is focused on executing our core strategies to drive results.
Our business remains strong, and I could not be more excited about our future as we bring more amazing games and experiences to more people around the world. Thank you for your creativity, passion, and all that you do, as we write the next great chapter of our story together.
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