What industry do you work in and what is your role?
What are your responses in your role / position?
Can you describe to the function of your workplace / company?
How many departments, how many offices. National or International?
What are the minimum requirements for employment ie Education or Experience?
How many opportunities are there to ‘move up the ladder’?
What is the process for changing job roles ie Interview? Test?
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General discussion about your workweek:
Current projects? Deadlines? Opportunities?
Anything of interest happening?
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Article
1.
DO YOU EVER find yourself wondering, “What is Web3?” You’re not alone. The idea is having a moment, whether you’re measuring by VC funding, lobbying blitzes, or incomprehensible corporate announcements. But it can be hard to tell what all the hype is about.
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To believers, Web3 represents the next phase of the internet and, perhaps, of organizing society. Web 1.0, the story goes, was the era of decentralized, open protocols, in which most online activity involved navigating to individual static webpages. Web 2.0, which we’re living through now, is the era of centralization, in which a huge share of communication and commerce takes place on closed platforms owned by a handful of super-powerful corporations—think Google, Facebook, Amazon—subject to the nominal control of centralized government regulators. Web3 is supposed to break the world free of that monopolistic control.
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At the most basic level, Web3 refers to a decentralized online ecosystem based on the blockchain. Platforms and apps built on Web3 won’t be owned by a central gatekeeper, but rather by users, who will earn their ownership stake by helping to develop and maintain those services.
How has the web changed since you began using it?
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Gavin Wood coined the termWeb3 (originally Web 3.0) in 2014. At the time, he was fresh off of helping develop Ethereum, the cryptocurrency that is second only to Bitcoin in prominence and market size. Today he runs the Web3 Foundation, which supports decentralized technology projects, as well as Parity Technologies, a company focused on building blockchain infrastructure for Web3.
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Wood, who is based in Switzerland, spoke with me last week over video about where Web 2.0 went wrong, his vision of the future, and why we all need to be less trusting. The following interview is a transcript of our conversation, lightly edited for clarity and length. WIRED: As I understand it, the idea of Web3 at its most basic level is that the current setup, Web 2.0, is no good. So before we talk about what Web3 would entail, how would you describe the problems with the status quo?
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Gavin Wood: I think the model for Web 2.0 was much the same as the model for society before the internet existed. If you go back 500 years, people basically just stuck to their little villages and townships. And they traded with people that they knew. And they relied on, broadly speaking, the social fabric, to ensure that expectations were credible, were likely to actually happen: These apples are not rotten, or this horseshoe doesn’t break after three weeks.
Do you believe a centralised and moderated internet would be better? Why, why not? Please provide details?
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And that works reasonably well, because it’s difficult and very time-consuming and expensive to move between towns. So you have a reasonably high level of credibility that someone is going to stick around and they don’t want tobe exiled.
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But as society moved into something larger-scale, and we have cities and countries and international organizations, we moved on to this weird kind of brand reputation thing. We’ve created these powerful but regulated bodies, and the regulators, in principle, ensure that our expectations are met. There are certain statutory requirements that, to operate in a particular industry, you must fulfill.
9.
This is not a great solution, for a few reasons. One of them is, it’s very hard to regulate new industries. The government is slow, it takes a while to catch up. Another is that regulators are imperfect. And especially when they work closely with the industry, oftentimes there’s a bit of a revolving door relationship between the industry and the regulator.
