Smart People Podcast
The Convergence: Blockchain, AI, Extended Reality, and IOT are coming together with Alex Tapscott
Jan 2, 2024
Join Alex Tapscott, an entrepreneur and author focusing on the intersection of blockchain and AI, as he dives into transformative technologies. He discusses the evolution from Web 1 to Web 3, emphasizing the democratization of digital ownership. The conversation touches on individual freedom in the metaverse, the impact of decentralized transactions, and how blockchain and augmented reality are redefining digital art. Alex also highlights the creative industry's challenges and the inclusivity of the Web3 movement, urging everyone to engage with this digital frontier.
56:20
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Quick takeaways
- Web3 signifies a transformative shift in user interaction with the internet, highlighting the convergence of blockchain, AI, IoT, and extended reality.
- Blockchain decentralizes authority, allowing peer-to-peer transactions that enhance the value and ownership of digital assets, including art and collectibles.
Deep dives
The Emergence of Web3
Web3 represents a pivotal transformation in how individuals interact with the internet, characterized by the convergence of four key technologies: blockchain, artificial intelligence (AI), extended reality, and the Internet of Things (IoT). Blockchain technology allows for the creation of digital scarcity, enabling transactions without the need for intermediaries. This technology empowers users to take control of their assets and communications, suggesting that the future of the internet will increasingly prioritize user ownership and privacy. As these technologies mature, they promise to reshape the economic and cultural landscapes of society.
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