# Class 1 / Class 2 Problems

![rw-book-cover](https://readwise-assets.s3.amazonaws.com/static/images/article1.be68295a7e40.png)

## Metadata
- Author: [[Kevin Kelly]]
- Full Title: Class 1 / Class 2 Problems
- Category: #articles
- URL: https://kk.org/thetechnium/class-1-class-2-problems/

## Highlights
- When crypto succeeds that way, it will graduate to Class 2 problems. At that point, entrepreneurs alone won’t solve those. These new problems will require a social imagination to revision what orgs do and what they are for, to re-imagine what transparency in a group means, to re-evaluate the role of money, or even the meaning of money. These in turn will launch new social expectations and norms of behavior, and in turn as a consensus forms, new legislation to codify the norms.
    - Tags: [[tech]] 
- Class 1 problems are caused by technology that is not perfect, and are solved by the marketplace. Class 2 problems are caused by technology that is perfect, and must be solved by extra-market forces such as cultural norms, regulation, and social imagination.
    - Tags: [[tech]]