Ideas from books, articles & podcasts.
If we stay in the current paradigm, we will move further and further into a realm where a small handful of companies run by a small number of people run our experiences in cyberspace, and in that world, the problems of Big Tech are exacerbated.
Another issue, of course, is government oversight. Blockchain-based tokens are now in a regulatory netherworld, but that could soon change as the Biden administration begins the process of setting new rules for the industry.
MORE IDEAS FROM THE SAME ARTICLE
Blockchain-based social networks, transactions and businesses can and will grow and thrive in the coming years. Yet knocking out Facebook, Twitter or Google completely is not likely on the horizon, according to technology scholars.
Web 3.0 is an iteration of the internet where new social networks, search engines and marketplaces crop up that have no company overlords.
Facebook recently rebranded itself Meta, and said its priority would be to build the "metaverse," a digital future where everyone is living and interacting and working together in virtual reality.
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