Faced with opaque systems operated by wealthy global companies, it is hardly surprising that many assume the lack of transparency exists to serve the interests of technology elites and not users. In the long run, people are only going to feel comfortable with these algorithmic systems if they have more visibility into how they work and then have... See more
-The tech isn’t there yet: If you’re building in web3, you’ll know this secret; behind the shiny exterior of the future is a tech world that is very, very early. Key products are yet to be built, documentation for existing tools is sparse, APIs are raw or nonexistent, and so much of the tech that does exist is narrowly focused on NFTs and tokenized... See more
In summary, while tokenized access was the first type of social primitive that showed the potential of tokens, it alone lacks the ability to create meaningful sustainable social token communities. Here are the problems it suffers:
Digital products are real-time by default. Incumbent financial products, on the other hand, are not natively digital products. Remember, banks have “operating hours” online and payments can take days to process. Because finance is not natively digital, the use of digital products is decoupled from the economic activity (like revenue) generated from... See more
So to answer your question: it’s early. We are barely a decade into the modern era. The most popular applications are early and, I would argue, fundamentally flawed. Take Twitter, which is probably the most visible example of both the good and bad of the modern internet. On the good side: I can look down on my phone and see the most interesting... See more
A few decades ago, it was rare for anyone but men to work in the business of funerals; the stereotypical mortician conjures an image of an older man who has been running the family funeral home business for decades. But today, 65 percent of funeral service education students are women and the emerging “death positive” movement is mostly attributed... See more