Is the Locus of Intelligence a Combination of Humans? | 3min snip from AXRP - the AI X-risk Research Podcast

Speaker 2
I mean, based on the numbers alone, like last time you mentioned MetaMask has what? 40 million? 30 million now. 30.
Speaker 1
30. 30.
Speaker 2
Okay. 30. I mean, it's only three acts. So, I mean, the difference is really small between MetaMask and Brave. But the other interesting thing to say about Brave is that going back to our whole thesis about the super wallet or the super app thesis of wallets, right? The reason why we're really bullish on wallets, wallets as a consumer facing application, is that they have a lot of power against everything that's on top of it, which is the apps. So you think about the whole stack, right? You have the apps sitting at the top and then wallets, right? The wallets have so much bargaining power against the apps. We mentioned this many times in the past. MetaMask basically built in a Uniswap or one inch for what is worth into the browser extension itself and made a shit ton of money ever since just by charging transactions. But if you think about the stack, apps, wallets, what is below wallets? It's browsers. Yeah.
Speaker 1
Right?
Speaker 2
So browsers have even more bargaining power. And they have more bargaining power against wallets and apps, right? Because wallets can basically say, okay, you're building a browser extension, but I'm not going to let you survive. I'm not going to let you make life easier for your users. And so the browser is at an even lower level and has greater bargaining power. And then at the lowest level is the operating system. It's basically a thing about the App Store, right? App Store basically making or apples App Store making NFT trading very difficult. So the App Store has even more bargaining power against the wallets, against basically everything above it, right? So Brave sits very close to the bottom of the stack and relatively speaking, has a lot of power against the wallets and the
Speaker 1
apps. And you could argue that if everything becomes like progressive web apps as the world wants versus just like actual apps in the mobile store, mobile App Store, browsers could have more and more power over these App stores over time as well. That's the idea that he fundamentally went along with, which is like I want to get away from the Apple and or compete against Apple and Chrome in a different way in a way that gives the power back to the users, allows them to have their own data, self custody, and the whole nine yards. That was like the end vision that he talked about. He also talked about a few other things that that he wants this super app to become. One is messaging. He wants to enable messaging between Brave users. That's that's really obvious.

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AXRP - the AI X-risk Research Podcast

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