Daniel Kuhn is a deputy managing editor for Consensus Magazine. He owns minor amounts of BTC and ETH.
There is a growing divide between techno-optimists and pessimists. Growing up I vaguely remember a public debate between bible thumpers and people who wanted evolution taught in school. The same sort of argument is playing out in a number of different ways today — a media “Techlash” vs. Silicon Valley, humanists vs. nerds, progressivism vs. material progress — but recently, in hisventure capitalist Marc Andreessen boiled it down to a war between deccelerationists and accelerationists.
It might take a techno-optimist to think that blockchain can reverse the consolidation of the web, considering the trillions of dollars at play, how little adoption has taken place so far and the industry’s battered reputation in the mainstream. But for Dixon, apart from crypto’s ability to hand back control to everyday users, blockchains also offer a space for permissionless development.
Facebook may be a platform, but it's very shaky. There's a long history of entrepreneurs who tried to build on top of Facebook and Twitter, and felt essentially robbed because they changed the terms-of-condition and APIs. I think we see this going on with Apple right now withand companies like Netflix and Spotify not creating apps for the Meta Quest Pro or Apple Vision headsets.
I'm very bullish on VR. I think it's going to be a big deal. I just worry we're going to keep repeating the same cycle. Everyone initially dismisses technology as a toy, then they suddenly wake up to the fact that two companies control a very important resource — like social media. We should put up the alarm bells earlier this time.
The video game industry is the most pioneering in that it has figured out it’s a better business to, instead of charging for the game, charge for compliments to the game like virtual goods. League of Legends and Fortnight, two of the most successful games, are free. I suspect, as AI enables anybody to create high-quality illustrations for free, that's gonna put downward pressure on the prices of illustrations.
You describe blockchains as “near-Turing complete” computers whereas others often just call them Turing complete. Why split hairs?
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