Real world problems that web3 could solve--at least for me

Solving the problem of having only one job: Another weird thing about companies is the idea that the best way for human beings to work together on a project is to have all of them work the same, fixed schedule all of the time. If web3 makes it possible to assemble ad hoc, dynamically-rewarded teams more easily, participants can have a portfolio of ... See more

I expect it to become routine--first among younger people in more technical fields--that recruitment will involve looking at someone’s blockchain-backed identity to see a richer picture of the person’s background. If a candidate with an unpromising resume can demonstrate an unusually large number of these Gold Star tokens--in which former bosses an... See more

It solves the problem of creators profiting from the subsequent use of their work

web3 is not good or bad. It just…is

Solving the problem of assembling a good team: When I became the CEO of a new company, every founder I talked to had the same warning: hiring is the hardest thing you will do... Currently, we use approximations: we look at the school a person attended, the jobs they’ve held and the length of time they were there. We might take a look at two or thre... See more

My core argument is not that web3 is this amazing thing that will make all aspects of life better. And it’s not that web3 is a terrible thing that will make life intolerable.

This is a weird question. New tech rarely solves some clear, well-understood problem. Sure, now, we can look back and think of the “problems” that were solved by, say, trains, cars, the telegraph, email, cell phones, etc. (We can, also, think of a ton of problems they created.) But when they were launched, all these new inventions were seen as, at ... See more

There is one complaint about web3 that is surprisingly persistent and which I’ve become a bit obsessed with: what problems does it solve?

Personally, I have little interest in blockchain-backed currencies. I only keep a tiny bit of dough in Ethereum (the more sophisticated younger brother of Bitcoin). I own no bitcoin, no doge coin, no any other coin. I am making no life decisions based on the idea that the dollar is going away and I very much hope it doesn’t!