Is DAO outdated?

Could you elaborate on your perspective that the concept of a Decentralized Autonomous Organization (DAO) is outdated? Do you believe that the advancements in blockchain technology and the growing demand for decentralized governance solutions have rendered DAOs obsolete? Or is there a specific aspect of the DAO model that you believe is no longer relevant in today's cryptocurrency and finance landscape? It would be interesting to hear your insights on how the evolution of the industry has impacted the role and relevance of DAOs.