This chapter explores the transformative potential of technologies like nuclear energy and nanotechnology while addressing the societal barriers that hinder innovation. The speaker shares their enthusiasm for these advancements and introduces an investment fund to support early-stage tech companies, reinforcing the ideas presented in the book.
This episode is a replay of episode 22 of this podcast.
Links:
Eric’s Blog
Eric’s blog post on digital scarcity
Eric’s Blog post on The Cost of Trust
Technological revolutions and Financial Capital by Carlota Perez
Topics:
(0:08) - Introducing the Web3 discussion
(4:13) - What is the Blockchain?
(6:06) - Lowering transaction costs across Web1, Web2 & Web3
(9:46) - Creating cheap, digital scarcity
(12:12) - Why does the blockchain matter? Trust & Decentralization
(18:50) - What happens when blockchains are deployed? Digital and Physical impacts.
(26:26) - Technological Revolutions & Financial Capital by Carlotta Perez
(28:23) - DAO: Distributed Autonomous Organization
(30:51) - Predictions: The biggest networks will be bigger than the biggest companies
(39:03) - Wrap Up: What do you have to do?
(42:02) - Web3 is supposed to be fun!