Increased command over your data. zero blockchain. Also, you can have a personal AI helper like ChatGPT.
Sir Tim Berners-Lee, the man of the internet, and John Bruce, CEO of Inrupt, discussed these in an Trade Algo interview.
They jointly formed the business Inrupt, which tries to carry out the web creators' initial idea for how the internet ought to function.
As Berners-Lee put it, "if you were sufficiently switched on geeky, you could get yourself a computer" when he created the web in 1989. Also, you could connect it to the internet and install a web server on it. You might also run a website.
The web's spirit, he claimed, "was very empowering to individuals."
The concentration of power in the hands of huge internet businesses, in his opinion, has since caused something to go wrong. "Oh, everyone's on Facebook, so they don't have the website," he said. All of them access Mark Zuckerberg's website, according to Berners-Lee.
"When people search for you on Facebook, you actually have no control over what they see... According to him, Mark Zuckerberg's algorithms determine what news is provided to users when they are viewing your content.
"That's really demoralizing. Facebook can benefit greatly from it. They have a ton of information on people, which they use to target them with ads. Nevertheless, we no longer have the capacity for individual power.
In charge of the data
His response? a product that gives users control over how their data is used. Nowadays, accessing an internet company's services requires customers to provide data about themselves by default.
However, the start-up Inrupt founded by Berners-Lee and Bruce is focusing on a different strategy. The goal is for customers to use a single sign-on for various internet products and services.
Data will be kept in so-called "pods," which are essentially containers for an individual's personal data saved online. Instead of websites automatically taking data, users can permit a website or service access to their pod, or data silo.
The system is based on the internet's open Solid protocol.
And there's the personal empowerment that makes up the "yin" and "yang" of Inrupt. And the chance for people to have more control over their position online," Bruce told Trade Algo.
It would be necessary for major internet players to support such a notion. Yet, Bruce claimed that businesses are making a "endless trudge" to get more information about users so they can market to them. Yet, he claimed that businesses are seeing dwindling benefits from the endeavor.
"The alternative method is, you know, rather than assuming 'Are you the likely candidate for my product or service? 'How about if I just ask you in a proper manner? And you tell me," Bruce continued, alluding to the notion that customers would be able to provide businesses the data they require from their pod.
Users will also need to alter their behavior, and they must want to have this kind of control over their data. Berners-Lee acknowledged that this transition will happen "bit by bit," not immediately.
Your own individual AI. assistant
Bruce and Berners-Lee discussed a new artificial intelligence application called ChatGPT that was created by OpenAI in the expansive Beyond The Valley episode.
ChatGPT, an AI-powered chatbot supported by Microsoft, answers user questions.
According to Berners-Lee, when individuals have their own data pods, they can operate their own AI, much like a customized version of Apple's Siri or Amazon's Alexa.
Because users will have a variety of data saved in their pods in the future Berners-Lee envisions, including information about their online shopping habits and fitness information, this is the case. All of these information might be used by the AI to train itself and help a user.
"There are times when you have access to the full range of data, including information about your projects, goals, coffee dates, and collaborations. The novels you are reading, as well as... The entirety of your life is contained in your pod. On that, AI is run. It may be nice, Berners-Lee suggested.
Web 3.0 vs. Web 3.
All of the projects Berners-Lee and Bruce are working on at Inrupt are essential to the internet's future.
It has been referred to as Web3, and its proponents claim it will be a decentralized version of the internet that is not dominated by a small number of strong firms like Amazon, Microsoft, and Google.
Several supporters of Web3 predict that it will be based on blockchain technology. The blockchain technology was introduced with bitcoin but has since developed.
Berners-Lee, though, is eager to use the term "Web 3.0," emphasizing the dot.
He declared, "It's not blockchain."
Blockchain, according to Web3 proponents, might serve as the internet's foundation in the future. But, Berners-Lee claimed that neither the technology nor the level of anonymity it offers is quick enough.
As well as calling cryptocurrencies like bitcoin "just speculative," he added.
The phrase "Web 3.0" was created by Gavin Wood, creator of the blockchain infrastructure business Parity Technologies.
In a prior Beyond the Valley broadcast, Wood discussed his predictions for the future of the web with Trade Algo. He promoted blockchain technology as a component of the structure of the web to come.
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