Unlike Spotify, it lacks a payment system, so it has no mechanism to enrich those who participate in its ecosystem. It relies on one single source of income — advertising, whose growth is showing signs of fatigue as monetizable daily usage is starting to plateau.
There are a couple reasons for this. First, crypto is massively market expansionary (e.g., how many thought Uber’s addressable market was the size of the pre-Uber taxi market). And second, Crypto will absorb the monetary premia of many non-money assets that act as an inflationary hedge."
It is now possible to create Hyperstructures that run for free, forever—so we should use that logical extreme as our starting point, not something we should avoid or ignore. With new paradigms comes new value systems, and with Hyperstructures we have the opportunity to create public goods that can remain free forever, whilst rewarding the builders... See more
Digital Immersive Learning / Therapies + Ambient ComputingCan we build interfaces that respond to a multi-sensory input?Can we build systems where users can feel or experience an environment?Can we make knowledge available at the speed of thought?Can we provide directions to computers based on thought?Can we improve interfaces so we don’t lose the... See more
If you notice the thread across all these activities, it’s human labor: and a lot of it. A mathematician on campus needs a blackboard and some chalk to teach a room of students. In the digital world, now they need a producer, a director, camera crews, audio engineers, software engineers to integrate online platforms, technical support staff to... See more