I am getting my head around DAO in Ethereum. In a magazine I read:
In principle you could programme a taxi company that bought cars and paid drivers to run the cars to make a profit in order to buy more cars. [...] The point is that the management, what would normally be the brains of a corporation, the control structures of a corporation, can now exist autonomously in the cloud, so to speak.
So, if I understand correctly, someone with some level of capital can set up a private, for-profit company in the DAO, use that capital to buy taxis, hire drivers, and, if the business is good, make profits? The benefit of this being that contracts are run automatically, fully transparent? If so, how is this related to descentralisation? What if, for instance, Uber is set up in Ethereum, but still owned by a few people? Does it matter? Perhaps more deeply, are DAOs fully compatible with the standard firms in capitalism (for-profit PLC)?