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AI Is a Shrink Ray Aimed At Web3

TL;DR

  • “Web3 is not so much about keeping your data private. It’s about owning your data and having more choice in what to do with it.”

  • J-Tro is optimistic about blockchain technology’s ability to solve economic problems, but thinks there’s a lot of bullsh*t in the space.

  • And finally, JT outlines how AI will help accelerate the development of quality Web3 apps. “What AI will do is improve company and project time to market, pointing to productivity tools, including AI that can write and audit smart contracts.”

Full Story

We just read an interview with Google Cloud’s Engineering Director of Web3, James Tromans, so you don’t have to.

Here’re three points ol’ J-Tro makes, that are worth paying attention to:

  1. “Web3 is not so much about keeping your data private. It’s about owning your data and having more choice in what to do with it.”

    This is a pretty wild statement considering it’s coming from/being supported by someone at Google. Their entire business model is built around owning and selling access to user data.

    What happens to Google if Web3 puts users back in control of how their data is used and who gets to profit from it?

    Our guess: they enter an ad profit sharing agreement with users in exchange for their data (similar to the way they trade ad dollars for creator content on YouTube).

  2. J-Tro is optimistic about blockchain technology’s ability to solve economic problems, but thinks there’s a lot of bullsh*t in the space.

    He didn’t word it quite so eloquently, but the gist of it was ‘not everything needs Web3 technology added to it.’ Amen J-Tro, amen.

  3. And finally, JT outlines how AI will help accelerate the development of quality Web3 apps. “What AI will do is improve company and project time to market, pointing to productivity tools, including AI that can write and audit smart contracts.”

    Translation: AI is a shrink ray. It reduces the time and money needed to develop tech products. When pointed at Web3 apps, AI will allow developers to build and test ideas more rapidly.

    As per usual – the bad ones will fail, while the good ones will succeed. The difference is, it’ll happen at a faster rate.

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Alright, that’s it.

Go forth and ponder, folks!

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