At Praxis, we want a radically better future. We believe that technology, in coordination with institutions, can deliver it. Today, we’re excited to share with you a new type of Special Economic Zone (SEZ) that harmonizes the goals of technology with government: Acceleration Zones.
Acceleration Zones (AZs) are a new type of Special Economic Zone that accelerate technological progress in service of national priorities. Acceleration Zones do this by attracting technologists and developing an institutional structure that guides technological development and the reinvestment of proceeds. The key features of Acceleration Zones are:
Acceleration Zones are designed to be attractive to Government, Companies, Capital, and Residents.
Governments (especially elected officials): AZs are simple to implement (generally passing one law is sufficient), and offer an immediate winning popular narrative:
Companies: AZs unlock technological progress and economic opportunity via regulatory change, economic incentives, and new infrastructure. Further, successful AZs will have top talent and offer Silicon Valley business norms in new markets.
Investors: AZs will make money on golden visas for residents, land value appreciation / monetization (the companies are clustered on a single site), and corporate and income tax revenue. Investors will include the governments, corporate strategics, bilateral strategics, partner developers, and residents.
Residents will move to Acceleration Zones because they offer an opportunity to build the future. Some residents will be returning to their homeland with a feeling of patriotic duty; others exploring a new frontier. AZs are an opportunity to found a new company, found a new culture, and found a new city with the most talented, ambitious, optimistic people in the world.
Opportunities unlocked by Acceleration Zones generally take the shape of new technologies with significant regulatory burden. Examples include:
There are a ton of companies that could help build AZs, and benefit from them::
These companies are building the future in a diffuse sense; people should be able to visit the future. Acceleration Zones unlock that possibility.
The aggregate impact of Acceleration Zones is the acceleration of AI, energy, biotech, and everything else. AZs will quickly deliver the benefits of Silicon Valley to the world, in a real, practical, visible way to impact the everyday lives of people. Further, they do so in an institutionally aligned way to avoid friction and blockers. Long term, Acceleration Zones may be our path to the stars.
Praxis is Developing Acceleration Zones.
Praxis is actively developing special zones for technologists, in partnership with governments.
Praxis’ first project will be a new city on the Mediterranean in an Acceleration Zone. The City will accelerate technological progress by supporting those solving the world’s hardest problems, and foster a culture of vitality.
If you represent a government and want to develop an Acceleration Zone, reach out (email@example.com). Our Government Relations team is happy to speak with you.
If you represent a company and want to build the future in an Acceleration Zone, reach out. We want to help you unlock progress.
And if you believe in techno-optimism and want to see it implemented, help us build Acceleration Zones by joining the Praxis community and moving to the first one. It’s time to build the future. It’s time to kickstart a new civilizational technology program that will deliver us the final frontier, infinite wisdom, and eternal life.