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Azeem Azhar's Exponential View

How Web3 Is Changing Commerce and Governance (with Not Boring’s Packy McCormick)

Azeem Azhar's Exponential View

EPIIPLUS 1 Ltd / Azeem Azhar

Openai, Intelligence, It, Society, Technology, Review, Ai, Investing, Science, Economy, Business, Artificial Intelligence, Automation, Robots, Exponential, Future, Tech News, Work, Government, Exponential View, Economics, News, Gpt, Azeem Azhar

51.1K Ratings

🗓️ 4 May 2022

⏱️ 46 minutes

🧾️ Download transcript

Summary

Web3’s ability to attach value and incentives to almost every part of human activity has radical implications not only for how businesses engage with their customers, but also for how people can self-organize to drive social change. Web3 investor and analyst Packy McCormick makes the case, in conversation with Azeem Azhar, that an optimistic outlook rooted in market dynamics can enable new sustainable businesses that operate for the public good.

Transcript

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0:00.0

Puerto Rico, more than a tropical paradise, the island is a fast growing hub for innovators

0:06.4

with tax incentives, world-class talent, and a thriving entrepreneurial ecosystem.

0:11.7

Visit investpr.org today.

0:14.9

Game changers, welcome home.

0:30.4

Hi, I'm Azim Azar, and this is the exponential view podcast.

0:33.8

Now, since I first owned a computer, it was 1981, and I was nine years old,

0:38.1

I've lived through a few technology revolutions.

0:40.5

The spread of personal computing in the 1980s, the growth of online services in the 1990s,

0:46.2

my own entry to the pre-browser internet with its GoFa user-net groups and FTP servers

0:51.2

came in 1991, a decade after I unboxed that first computer.

0:56.8

Then came Web 1 and the promise of a user-owned worldwide network of knowledge and possibility,

1:02.0

which was then superseded by the social commercially driven Web 2,

1:06.3

which brought with it a mass adoption of the internet.

1:09.6

And it might be the case that we're currently experiencing another revolution,

1:13.5

the emergence of Web 3 driven by blockchain technology.

1:17.6

All these tech revolutions promised new ways of interacting with each other,

1:20.8

with businesses and with institutions. Web 3 is no different.

1:25.6

In today's conversation with Web 3 analyst and investor,

1:28.8

Paki McCormick, we explore what the implications are outside of finance,

1:33.2

where blockchain technologies have so far found their firmest footing.

1:37.6

Paki has been sharing his Web 3 journey via his own excellent newsletter,

1:41.5

Not Boring, which lives up to its title, doing deep dives on a wide range of companies and

...

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