Jack Dorsey just bashed Web3. See what other experts have to say about this next-gen internet technology.
at The Chernin Group who created a popular Web3 reading list, thinks this internet evolution will foster more competition for big tech companies, while giving power back to consumers.
"Web3 will combine those two things: the decentralization of Web 1.0 with the powerful consumer experience of Web 2.0," Goldberg said."I'm very interested in applications that are providing a decentralized alternative, but an even more powerful consumer experience." Another issue she sees is that people commonly think owning cryptocurrencies is a prerequisite to engaging in Web3.
She expects the internet will transition to a structure where people will not even know they're on a Web3 site. And if users still want to share their personal data with companies, Web3 may offer them income in return for that."That sounds like a great deal for me," she added. He sees great value in having blockchains, or unalterable digital ledgers, but thinks the amount of computing power needed to run them at the scale of the current internet would be unfeasible.
"This is taking everything that could be sort of open in the commons, and it's turning it into private property, which means basically the more money you have, the more you can buy. And it's all for sale now," Renieris said.
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