web three

“Go forward 10 years and the two of them sort of merge. In that, you know, if everyone is doing, if they could both work, and everything that you do in the metaverse will be web three, will be running on web three.”

“In a web three model, you as a, you know, you would own both who subscribed to you, and you would also, in a sense, own what you subscribed to, because it would, It's sort of transparent and composable. You know, any bit of it is addressable. You can point it …”

“And, you know, if one looks at, you know web three, it's sort of realistic to say, you know, what point are we going to see hundreds of millions of people using a consumer, mass market consumer app that's built on a blockchain? Well, not next year. And sort of…”

“And so I sort of just, I mean, I just kind of think like with all of the attention and all the buzz and hype around like metaverse and web three and crypto and DeFi and VR, we kind of stopped paying attention to AI.”

“And in fact, web three doesn't exist yet. And it would not be possible to build Instagram on a blockchain today.”

“So, you know, if VR and AR work, VR and AR might or might not work, that has nothing to do with whether Generative Machine Learning works, and very little, a little bit, and very little to do with whether Web three works.”