The farther you see, the higher the chances you win.
The world has new masters.
Ones that do not dictate your destination, but choose your path anyway.
We might own our homes, our cars, even our identities, but we certainly don’t own our opinion.
We do not even own the spectacles that show us the world.
Can we remember the first time we started believing what we did? Or what did we originally believe in and why?
Web 2.0 carries information to its veins to anybody and everybody that is connected to it. But there are few who dictate the nature of information, the quality, and correctness. There are very few who dictate how and for what we use the amazing machinery of Web 2.0.
The world has chosen democracy. The world needs a bigger decision to achieve this choice.
Web 3.0 will be the long tunnel leading to that door.
With the promise of open, trustless, permissionless internet, Web 3.0 promises a new world order.
How Will Life Change?
Power To Many
With and post the dot com bubble some companies could be now called digital gatekeepers. By virtue of the digital layer they serve, or the eyes they have accumulated, FAANG and Twitter together hold the deciding power to the number of eyes on a piece of digital content. The digital gatekeepers not only control the power to show you what they want but also the ability to erase your voice off the internet.
The disparity of power between the gatekeepers and the rest of the internet is fairly large and ever-increasing.
Decentralized internet will lay the power of internet in the hands of the people.
5.9 million people depend on what Android decides developers could develop on and 2.8 million on IOS. How much value, the millions of applications could provide to its users, is controlled by just a few minds. The number of developers in the world exceeds 40 million. A trusting community of developers pushing together towards the sole goal of technological advancement obviously has a huge potential.
Decentralised networks will generate a consistent stream of “Sparks Of Innovation”.
I however would like to add a tinge to my brand of pessimism. Whether big groups of innovators and developers can achieve big things without the guidance and leadership provided by bigger organisations remains to be seen.
Decentralised systems tend to move towards low entropy centralisation.
A new group of developers will choose a leader. A newly formed country immediately chooses a leader.
Our own personal data fuels the Free Internet today. We know all there is to know about is already known. Sometimes it feels like a violation.
But so what?
Google owns the best Email, and Maps and not to mention the Search. Facebook owns Facebook, Instagram, and even WhatsApp. We, the general consumers, are not in the best bargaining position. We take what they give, and give what our Tech Giants take. Open internet lures us with the promise of a stream of products, one better than the next.
Maybe we get to choose.