So Long, Internet. Here Comes Web3.

I’m not a doom-and-gloomer.

I’m enthusiastic about how know-how has the potential to transform our future for the higher.

And few applied sciences right now are as compelling as synthetic intelligence.

I take advantage of AI just about day-after-day now, and I see a path ahead the place it makes life simpler and extra fulfilling for everybody.

So that you gained’t hear me say that AI is about to finish the world.

However synthetic intelligence is about to vary how we use the web.

Right here’s how…

Web1… 2…

In case you’re like me, you’ll be able to recall the previous days of the web.

Again within the early Nineties — an period generally known as Web1 — most net pages have been read-only static websites. You discovered a web page, you learn it and also you moved on.

However that’s not how you utilize the web right now.

As a substitute, you usually use a search engine like Google to discover a listing of internet sites that cater to the subject you’re enthusiastic about.

Most web sites right now are dynamic read-write pages the place content material is created by different folks, promoting creates income and consumer data will be bought as a commodity.

That is Web2.

It’s a spot the place social networks, blogs and dynamic content material have turn out to be the norm. A spot the place on-line content material is being produced continuously, and the place these content material creators usually become profitable from adverts while you go to their websites.

At the very least, that’s the best way the system has labored for many years now.

However AI is shaking issues up.

That’s as a result of new AI instruments can create their very own content material and sum up data with out ever sending you to different web sites.

You might need already skilled this in your cellphone or a search engine. It’s like having a super-smart assistant that reads all the things for you and offers you the details.

And it may be extremely handy.

Personally, I like how I can now ask Siri a query and get a abstract response with out digging by way of hyperlinks for extra data.

However my comfort comes at a price to others. As a result of fewer clicks and fewer cash from adverts makes it more durable for writers and web site homeowners to earn a residing.

And it’s simply one of many methods AI is shaking up the web right now.

We’ve talked concerning the international belief deficit. As AI will get higher at making deepfakes of movies, pictures and textual content it’s going to get tougher to know what’s genuine on-line.

You’ve in all probability already scrolled by way of social media and had a tough time determining if a video is actual or made by AI.

I do know I’ve. And sooner or later this drawback is just going to worsen.

So what can we do about it?

That’s the place blockchain know-how is available in.

Web3

I’ve already proven you already how the blockchain may revolutionize science and even cellular networks.

That’s as a result of the blockchain is sort of a digital report e book that may’t be modified with out everybody agreeing.

And that’s a key issue behind the following section of the web.

It’s referred to as Web3.

And it’s a revolutionary new web centered on possession and decentralization.

That’s as a result of the blockchain might help show who owns what on-line.

This may assist creators management how their work is utilized by making it traceable even when it’s altered by AI.

What’s extra, the blockchain may show if one thing is actual or pretend.

It may well monitor if pictures or movies have been modified, which is able to make it tougher for pretend content material to unfold.

It may well additionally assist show if you happen to’re an actual individual and never a pc program.

And that’s essential for regardless of the web turns into going ahead. We have to know who’s making content material… what’s actual… and who has possession of what’s on-line.

In an ideal world, Web3 will probably be like going from a number of huge buying malls owned by giant corporations to having plenty of impartial shops that comply with guidelines set by the group.

Which is rather a lot nearer to the unique purpose of the web: to be an open and free area for the alternate of concepts.

After all, we don’t stay in an ideal world…

However that doesn’t imply Web3 is a far-off fantasy,

As you’ll be able to see from this chart:

Supply:.thebusinessresearchcompany.com

The blockchain is already being quickly built-in into the web.

I consider you’ll begin noticing quite a lot of these modifications taking place in 2025.

And with an estimated compound annual development fee of 42.6% over the following 3 years…

I consider there’s a possibility right here for traders to get in early on Web3 corporations centered on knowledge and privateness points.

Regards,

Ian King
Chief Strategist, Banyan Hill Publishing