The third era of the web is about righting the ship. Social capital becomes economic capital. Value no longer accumulates to brokers and intermediaries.

Even this generation’s superstars rethink old norms. The 19-year-old TikTok star Josh Richards had flirted with being a brand ambassador for Red Bull. When I asked him why he passed, he looked at me quizzically—why, he wondered, should he be the vessel for someone else’s wealth creation? That’s the playbook for celebrities of yesteryear. Instead, R... See more

NFTs and The Act of Ownership  Something NFTs allow you to do is identify that one true super fan who is willing to pay a really high amount and allow a creator to earn a lot off of not that many followers.  Not only can you identify them, but really you’re allowing them to identify themselves...  But it’s interesting that transactio... See more

But as we move towards a world that is more creator direct, subscribers should have the opportunity to literally invest in their favorite creators and share upside in their success.

In the future, the Other Internet also believes we won’t necessarily interact with money as individuals but as collective “wealth squads.” They talk about how fractionalization can create opportunities and group resilience that would previously have been impossible to achieve alone.