A creator-led internet, built on blockchain | Adam Mosseri | TED Tech

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Business, Modupe Akinola, Ted Business Podcast, Business Leadership Podcast, Ted Talks Business, Ted Modupe, Ted Talks

4 • 1.2K Ratings

🗓️ 12 September 2022

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

As digital assets like cryptocurrency and NFTs become more mainstream, design thinker and head of Instagram Adam Mosseri believes that creators are uniquely positioned to benefit. These blockchain-enabled technologies could remove the need for a "middleman" in the form of large social media platforms, allowing creators to more freely distribute their work and connect with their audiences. He explains how this new age of the internet will give way to "the greatest transfer of power from institutions to individuals in all of history." After the talk, TED Tech host Sherrell Dorsey digs into what blockchain and cryptocurrency could bring to the creator economy. If you'd like to hear more ideas on how tech is transforming humanity, follow TED Tech wherever you're listening to this.

Transcript

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0:00.0	Ted Audio Collective
0:09.5	Hi everyone, it's Madue Beth.
0:11.7	We're taking a break this week, but we'll be back with new episodes very soon.
0:16.2	In the meantime, we're sharing another Ted Audio Collective podcast, Ted Tech.
0:22.1	Every week, hosts and tech journalists, Sherrell Dorsey explores a Ted Talk that shows
0:27.3	how technology is changing humanity and the way we live.
0:31.7	Here's one we thought you'd enjoy.
0:33.7	If you like it, get more episodes by following Ted Tech or every year listening to this.
0:44.5	In March 2020, the COVID-19 pandemic shut down.
0:48.6	Well, just about everything.
0:51.2	School, work, shopping centers, public parks, even strip clubs.
0:56.5	Stick with me here, as the world grappled with how to continue moving while simultaneously
1:01.9	being stuck at home, one of society's most lucrative and communal creative environments
1:07.4	was left severely in the lurch.
1:10.0	But it turned out that difficulty was actually the pathway to reinvention and innovation
1:17.2	on an internet that for all its streamlining still offers a space to creative close communities
1:23.5	of every flavor.
1:25.7	First, exotic dancers and other performers and sex workers were left without a livelihood.
1:31.7	But some got creative and turned to the internet.
1:35.2	They flocked to platforms like Olyfans.
1:37.7	They accepted payments on cash-app, Venmo, and even Bitcoin.
1:42.3	And some, like the dancers from a club called Jumples Clown Room in East Hollywood, created
	...

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