Web 1.0 was about information links (web pages). Web 2.0 was about social links (likes, follows, shares). Web 3.0 is about economic links (tokens you earn, investments you make, assets you own).
A big hurdle to this stuff happening today is that the banking-as-a-service platforms that exist are so intensive to integrate with, that for most companies
It's actually kind of interesting how little collaborative work is done on the Internet. I mean, we have Wikipedia—that's one of the great ones. There's obviously GitHub... There's Google Docs. You might say, 'Well that is a lot of collaborative work,' and I agree, but I think there's so much more that can be done. Why aren't there more things like... See more
If kids are reading this, depending on who you are, college is probably still worthwhile right now, but 5 years from now, I expect things will be quite different. Peter Thiel has run a really interesting experiment with his Thiel Fellows program whose graduates (including Ethereum founder Vitalik Buterin) have done far better than university propon... See more
web3 is a somewhat ambiguous term, which makes it difficult to rigorously evaluate what the ambitions for web3 should be, but the general thesis seems to be that web1 was decentralized, web2 centralized everything into platforms, and that web3 will decentralize everything again. web3 should give us the richness of web2, but decentralized.