What is Web3, the new Internet that confuses Elon Musk and the founder of Twitter | Technology – Central Valley Business Journal

The web3 seems to be the great Internet revolution, with the permission of the Metaverse. Although not even the great gurus of technology are very clear about what it means

Artificial intelligence, metaverse, blockchain, NFT, cryptocurrencies We are initiating one of the most important technological changes in history, although nobody knows very well how important it will be, and how far it will take us.

These days Elon musk Hes been raving about the metaverse, basically because hes an enemy of Mark Zuckerberg. He does not like to wear virtual or augmented reality glasses, but it seems to him very normal that we all implant a chip in our brain

As Business Insider tells us, Elon Musk has been talking about Web3 on Twitter these days. And has joined the conversation company founder Jack Dorsey, who stopped being CEO of Twitter a few weeks ago.

Chromebooks are very simple to use laptops based on the Chrome browser and widely used in academic environments such as schools or institutes.

The two tech gurus get along very well: they share their eccentricism, and their passion for cryptocurrencies. Its one of the reasons why Elon Musk is always on Twitter, and not in other social networks.

A couple of days ago Elon Musk started a debate on Web3 or Web 3.0, which already has more than 5,000 responses.

He started the talk by uploading a famous video of Bill Gates in 1995, it is where he is ridiculed in an interview, for saying that the Internet was the future:

Elon Musk implies that just as they laughed at Bill Gates when he said 25 years ago that the Internet was the future, they also laugh now at those who say that the Web3, the blockchain are the future.

But, What is Web3?

We can consider the early years of the Internet as the web 1.0: a collection of web pages and services that only worked in one direction: users used those services online, and thats it.

The web 2.0 It is the evolution of the Internet where users can personalize these services, create their own, and collaborate with other people on online projects. Something like the collaborative internet.

The next thing will be Web 3.0 or web3, but no one is yet very clear about what it is.

Some speak of the Web 3.0 as an Internet where you access the network without a browser, through multiple devices: wearables, Internet of Things, household appliances, cars, etc.

But Elon Musk calls Web3 to something else: a new decentralized and ownerless Internet, managed by the blockchain. That is, the equivalent of cryptocurrencies, but applied to the management of the Internet.

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A network in which governments and large corporations such as Google, Amazon, or Facebook, they dont control the data, but are in the power of the users themselves, protected and managed by the blockchain.

In the same thread Elon Musk acknowledges that it is not real yet and wonders what it will be like in 10, 20 or 30 years.

A day later he tried again with another tweet: Has anyone seen Web3? I cant find it.

Answered him Twitter founder Jack Dorsey himself with a coded message: Its somewhere between A and Z:

He was actually referring to TOndreessen Horowitz, one of Facebooks investors, who has shown interest in the Web3.

The founder of Twitter explains in another post that a decentralized website can never escape investors, which always end up keeping everything.

The web3 is a centralized entity with another label , he concludes A response that the defenders of the decentralized Internet have not liked, who claim that he is wrong.

Will cryptocurrencies and blockchain be able to take control of money and the internet from banks, governments, corporations and investors?

It is, surely, the greatest utopia in the entire history of mankind

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What is Web3, the new Internet that confuses Elon Musk and the founder of Twitter | Technology - Central Valley Business Journal