There is a willingness in this world for people to adopt new things because they are told to do so. There is also a willingness for people to sit back and let the course of human evolution be decided for them.
Who said that merging with AI is inevitable? It’s only inevitable if we decide to do it. If we made a collective decision to start picking berries and hunting deer with bows and arrows, we could do that, too.
The idea of inevitability has been programmed into us. It’s form of brainwashing. Nonetheless, as a society, we are on the precipice of a revolution – a change so big that it could irreversibly alter the very structure of human society and the way we form relationships, as well as completely redefine the nature of transaction and exchange.
Yes, I’m talking about the “metaverse”, the blockchain, decentralised cryptocurrencies, and the thing that started it all – Bitcoin.
But to understand how all of these things fit together, it’s necessary to first examine “Web 3.0” – what it is, how it’s being marketed and how it will affect us.
Web 3.0: The Next Iteration of the Internet
Unless you work in tech you’ve probably never heard the term “Web 3.0” before (also written as “web3”).
To understand web3, a quick history lesson is in order: When the internet was first made available it was “read-only”, in other words, it made information available to the public but in static format; regular people did not have the know-how to publish new content, as this required technical expertise and deep knowledge of code. This initial form of the internet, we will call “web1”.
The next iteration of the internet, which we experience today, allows regular users to both read content and publish it. With “web2”, the internet became interactive, paving the way for the creation of social networks, allowing users to connect and create.
The problem with web2 is that information is controlled by central authorities that collect and productise it. In exchange for the ability to create, we’ve allowed large corporations to establish ownership over our personal data.
That brings us to “web3” which seeks to solve the problems created by web2 while also providing the infrastructure for new, disruptive technologies.