Web Three

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There are suspicions. Most of the people in the space think it was a combination of peoplei it was. It was deep technological break through, and it built on 30 years of prior work. This isn't wat they're going to do. We're jutgoing to keep going. What percentage of your time and commitment of resources at this point is focused on web three? Ye, sulic, it's a very big push for us. S, we've a very big group in ace now. i would say, youknow, e could top line it and say, maybe a third of the firm in terms and combination of people and money,. Or us. Tos, i think

Sam Harris speaks with Marc Andreessen about the current state of Internet technology and culture. They discuss Marc's background in tech, the birth of the Internet, how advertising became the business model for digital media, the three stages of the Web, the blockchain, how successful technology reorders status and power in society, the Bitcoin white paper, the mystery surrounding the identity of Satoshi Nakamoto, the importance of distributed consensus, Bitcoin as digital gold, how society has performed during Covid, James Burnham and managerial capitalism, the principal-agent problem, negative externalities, risk and regulation, trust in institutions, WTF happened in 1971, regulatory capture, banning Trump and Alex Jones from social media, perverse incentives in philanthropy, and other topics.

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