Why is this an issue?
‌Data is the new gold. With data, you create wealth and power, as tech applications showed us last decade. But these commercial organizations are by design centralized, posing the three risks of centralized systems: dishonesty, exclusion, loss of record. These risks already resulted in multiple scandals like privacy breaches, user manipulation, and so on. But even if these risks would not exist, and everything would be rainbows and sunshine, users are by design still the product. Users do not own the product they use. The product owns them. Therefore, this design is limited/flawed because users do not fully benefit from owning their data and owning the product they use. And do you want something as important as learning & education in the hands of one or a few parties?
But this does not need to be anymore. Since its inception, the internet has been developing very fast. It connects people across the globe and is an information protocol. The information distribution enables us to learn from each other and build upon each other's shoulders. Faster than ever before. We already went from inception to Web 1.0 and Web 2.0. And now Web 3.0 is knocking at the door. It is a systematic redesign. A migration from Master-Slave structure, where the application and company catch most of the value ("all for one"). Towards a Peer-to-Peer network where active users acquire most of the value ("one for all"). Instead of centralized and closed-off data silos, we move towards decentralized and open networks—a migration from egosystems towards ecosystems. ‌
Learning, connecting, and sharing knowledge can be so much better stimulated if people and entities receive rewards like currencies, reputation, partial platform ownership, voting rights, etc. Suppose we would be active in a transparent, open-source environment, where we can build upon each other's shoulders. And are rewarded for doing so. Because Web 3.0 applications enable users to send and receive those values, they are much better suited for designing these incentives. Moreover, they add more efficiency, transparency, accessibility, and privacy to the mix due to removing the centralized controlling party.
How fast could we increase the quality of learning if we joined forces together and incentivize people worldwide to contribute knowledge, skills, and network? Or how quickly could we improve the quality of questions & find possible answers to the challenges we face as a species? And would you be willing to receive those answers from MegaCorp, operating in commercial and closed-off environments?
Last modified 3mo ago
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