Web 3.0, AI+NFT, Data2Vec! AI wins Poker, Summarizes research papers, Scans Eyes and Detects Emotions
Illustration by Patricia Doria ( NY Times)

Web 3.0, AI+NFT, Data2Vec! AI wins Poker, Summarizes research papers, Scans Eyes and Detects Emotions

Web3 is an umbrella term for ideas of eliminating the big middlemen on the internet.

To better understand Web3, let’s go through Web1 and Web2 first and have a comparison of the features.

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Web1: Read-Only

The majority of users using the internet in the ‘90s were consumers on static web pages and rarely produced content. People came onto the internet to consume read-only content. There were a few “internet companies” controlled content on the internet.

Web2:?Read-Write

Web2 is what we mostly engage these days took over in the early 2000s.

It made space for everyone to become a content creator and consumer simultaneously on social networks, i.e. Linkedin, Twitter, and Facebook, who can leverage or sell personal data to generate impressive amounts of revenue because centralized companies have ownership over user data and all user-generated content.

Users can:

  • Classify and sort information
  • Create and develop APIs for interoperability across different software
  • Create and share dynamic and responsive content with others
  • Send and receive information from different sources
  • Access content from mobile devices, multimedia consoles, televisions, and more

Web3: Read-Write-Own

The shift from Web2 to Web3 is largely due to infrastructure advancement and a mindset shift for developers as governance will be much more user-centered. With the removal of a middleman and data living on immutable infrastructure, there is no control over data and less risk of data loss.

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One of the most significant implications of decentralization and blockchain technology is in the area of data ownership and compensation. As we move toward Web 3.0 and the technologies that support it mature and become scalable, I believe the web will reflect its original intent.

Non-fungible tokens (NFTs) will also play a huge role in reshaping the gaming industry by allowing players to become the immutable owners of the items they accrue.

Some believe that starting with Web3 is by setting up your crypto wallet (i.e. MetaMask) connected to decentralized apps to interact and conduct transactions.

Web 3.0 is a leap forward, it creates the infrastructure needed for humans and machines to interact, create, find, and share distributed data, make accurate predictions with artificial intelligence, and be empowered to control one’s identity through a web of trust, security, and?privacy.

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See you next week ??Steve


??This newsletter is read by more than?588,000?followers weekly. Thanks for your support, we are trying to keep everyone updated with the latest trends in AI and Web3.0. For any collaboration inquiries, feel free to reach out [email protected]

So insightful! Thank you for sharing this content.

回复
Wasiu Azeezat

Attended linsy college

3 年

Thanks for taking us through very interesting for sharing

Simukai Whande

Digital Strategist | Lead Generation Strategist | Content creation advocate

3 年

Blockchain technology is really playing it's part to shape up Web3. But credit to NFTs because ever since they started stirring up so much interest, more people have been learning about blockchain tech.

Alina E. N.

Streamlining processes, fostering value.

3 年

Loved the comparison. Cool times ahead!

Maria Bernard

Merchant Processing company

3 年

Good information to share.

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