good piece.....but I have seen a similar one in Scott
Galloway's piece last week.....the big question for me is doesn't web3 create a situation economically where 90 cents or more goes to the creators or sellers in the metaverse, nft, crypto, crisper areas where the web 2.0 gave 95 cents or more to the infrastructure? To me that is the big difference.....WEB 3 lets millions of people benefit not just the infrastructure builders yet I don't see anyone talking about this..alread if this article is to be believed we have 50 million creators making a full time living in just 2 years where that never happened in web 2.0..I think we are missing the big point; the infrastucure will only get 10 cents or less of every dollar not 95 cents....it will be decentralized and huge wealth will be decentralized
It seems so far Facebook is building a metaverse lite, but my larger point is that it is trying to get its version to be what the public thinks of as the decentralized metaverse. Most of what they traffic in is an illusory alternative with less features and more centralized control (and if they can win that battle, they really have the ability to set price by designing it). A lot of the reading I've been doing about web3 seems to center on this. There is the definitional and philosophical way of approaching it, and then there's whatever the dominant design ends up being. If we end up with a fully open and decentralized web3, I'm interested in that. I have my doubts, mostly because of who controls content.
good piece.....but I have seen a similar one in Scott
Galloway's piece last week.....the big question for me is doesn't web3 create a situation economically where 90 cents or more goes to the creators or sellers in the metaverse, nft, crypto, crisper areas where the web 2.0 gave 95 cents or more to the infrastructure? To me that is the big difference.....WEB 3 lets millions of people benefit not just the infrastructure builders yet I don't see anyone talking about this..alread if this article is to be believed we have 50 million creators making a full time living in just 2 years where that never happened in web 2.0..I think we are missing the big point; the infrastucure will only get 10 cents or less of every dollar not 95 cents....it will be decentralized and huge wealth will be decentralized
https://www.fastcompany.com/90706541/five-predictions-for-the-creator-economy-in-2022
It seems so far Facebook is building a metaverse lite, but my larger point is that it is trying to get its version to be what the public thinks of as the decentralized metaverse. Most of what they traffic in is an illusory alternative with less features and more centralized control (and if they can win that battle, they really have the ability to set price by designing it). A lot of the reading I've been doing about web3 seems to center on this. There is the definitional and philosophical way of approaching it, and then there's whatever the dominant design ends up being. If we end up with a fully open and decentralized web3, I'm interested in that. I have my doubts, mostly because of who controls content.