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These features create new monetization paths for businesses and creators through selling products, providing another way to participate in the Passion Economy. Because brand sponsorships were mainly accessible to creators with large followings, the addition of e-commerce functionality should lower the barrier to earning income from the platform.

Another major potential downside is stifling innovation. While established, profitable companies are able to fund UCI, it’s infeasible for early-stage startups to do the same.

It could be said that the success of our human future requires the pursuit of narrative, reflection and empathy. To be sure, we can move in that direction through education, civic discourse and therapy. But if the design of our digital technologies helped us get to where we are, then design can also help get us somewhere better. Indeed, there are a

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“Media scripts humans just like code scripts machines. Own a media corporation or be owned by one”

To create stronger community ownership, web 3.0 networks should move away from resourcing startup capital from centralized, opaque, and hierarchical VCs

Silicon Valley is the canonical example of economic agglomeration. The knowledge of how to build, program, and operate computer components was a shared, scarce resource in the early 1960’s. Programmers and technicians often moved between companies, transferring best practices. This collaboration caused companies to release products with... See more