Internet Economy

Internet Economy

 

Ryan Lechner shares an article on the current status of Blockchain, a look into Web3.0, and the future of a user-centric online society.

For the last year and a half, I’ve done my part to convert Web 3.0 from promise to reality. I’ve looked at hundreds of blockchain projects, spent countless hours evaluating the space, and helped ConsenSys build out various aspects of its business.

These past 18 months have been the greatest intellectual journey of my career. Every day was a Talmudic investigation into the foundations of the internet and the faulty structures underpinning our online lives. ConsenSys was a training ground, my Dojo, for building a new and fairer internet.

Despite the awesomeness of this adventure, I’ve decided to duck out for a little while. For anyone who follows the space, the reasons should be obvious and are likely not worth long form explanation: dApps lack adoption, blockchains are still janky, few use cases beyond ‘store of value’ are proven out, etc.

 

Points covered in this article include:

  • Online networks
  • Design markets
  • Internet economies

 

Read the full article, I’m leaving Blockchain (for now.) Here’s what I’ve learned, on Medium.

 

 

Jason George provides insight on the changes that may emerge after the current crisis.

 

A good strategy should be responsive to the various scenarios that could plausibly materialize, but even the most tightly crafted ones get blown apart when their subject is hit by an asteroid. In our current situation the object wreaking havoc on a planetary scale happens to be a microscopic bit of encapsulated genetic information containing less data than an image used as website filler.

Starting in an animal market in a city that is larger than many globally prominent ones and yet unknown to the average person outside China, the newest coronavirus variant has managed to vaporize years of effort and planning. Retail, hospitality, and travel businesses have watched their markets disappear overnight, the wealthy are packing off to second homes away from the urban crush, and politicians are unleashing fiscal and monetary interventions at a scale unprecedented in history.

 

Insights on the future of the new normal include:

  • Behaviour changes
  • Humanity exposed
  • The fragility of supply chains
  • Robust systems
  • Relationships 

 

Read the full article, Strategy, disrupted. Everything has changed, on Jason’s website.

 

In this TEDX talk at Columbia University, Kaihan Krippendorff discusses employee innovation within the model of disruption, and how it helps activate lean, agile innovation and growth in your organization. 

 

“Employees are the number one source of innovative growth options and the only remaining source of true competitive advantage. Arming them with the skills and tools necessary to innovate on a continual basis is of paramount importance to organizational survival.”

 

Points covered in the talk include:

-The path of the entrepreneur

-Disruptive innovation

-The innovation myth

 

Watch the Ted Talk, Change the World without Quitting Your Job, on Youtube.