I honestly wonder if we are not witnessing some embrionic state of "digital direct democracy" technology ...
https://medium.com/sora-xor/the-sora-parliament-af8184dae384
Also, the "central bank" aspect of it, re: actual digital coins ... Maybe a "mixed" solution with delegation or only on special issues or, heaven forbid, some form of AI-assisted delegated voting ...(However ...
... we are also more capable ourselves, and capable of dealing with greater amounts of information - that famous 1800's vs now information consumption stat ...
Or, perhaps, tech could help us "digest" and process that complexity ...
... though witnessing recent "disinformation management failures" - to put it mildly - does not point to much hope in that regard, to be exact ...)