I think comparisons to YouTube are apt, but they’re missing one key differentiating factor. YouTube had a 10-year head start as the dominant player in user-generated video. It wasn’t until the mid-2010s that platforms like Facebook Watch, Twitter video, IGTV, and TikTok entered the picture.
Over the past century, technological advancements have massively reduced the cost and time needed to create and circulate content. Though this has liberated artists, consumers are now drowning in a virtually infinite supply of things to watch, listen to and read. The answer to a world where attention is the key constraint, not capital or distributi... See more
This is about giving people tools to reshape their spaces to mirror their most rewarding social relationships. And if enough people do this it will start to reshape cities themselves.
Facebook has a long history of attempts to move into payments and commerce, and this latest iteration is happening amid an accelerated transition from offline sales to e-commerce and a softening ad market.
Cryptoart recreates some of the worst aspects of existing art markets, pitting the super-stardom of those who have gotten lucky or who already had money and connections to play with against the realities of countless others who will see no such return.
Our individual comfort about whether we are left alone is no longer the only, or even the most salient part of the story, and we need to think about privacy as a public good and a collective value.