The GaryVee Audio Experience

“Who Owns That?” is about to become a social norm | Interview on Cheddar

Mar 10, 2021
The conversation explores how new technologies, especially NFTs, are transforming the job market and creating exciting new roles. It highlights the shift towards digital ownership and social currency, granting artists greater control over their work. The unpredictable nature of the NFT and cryptocurrency markets is analyzed, drawing parallels to past financial bubbles. Additionally, the impact of evolving currencies and the roles of major institutions are examined, setting the stage for future shifts in financial landscapes.
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INSIGHT

New Technology, New Jobs

  • Technological advancements create new jobs, like social media content creation.
  • Focus on the job creation potential of new technologies instead of job displacement.
INSIGHT

NFTs: A Sea Change

  • NFTs represent a significant shift like Web 1.0 and Web 2.0, enabling creators to control their work.
  • NFTs empower creators to get economics with the metadata on secondary transactions and provide social currency.
INSIGHT

NFT as Social Currency

  • Checking what people own via NFTs will become a social norm.
  • This is similar to how Googling or checking Instagram became commonplace.
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