df
@df
Had a call with an industry titan in product management yesterday. He asked me in which ways web3 social can be: Cheaper, Faster or Better than web2 social? I had an answer that I thought was compelling, but his follow up questions were challenging. I'd be (genuinely) curious of what you think is the strongest answer
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Mitch
@off-fleek
imo, the primary issue is that most/all _production_ of consumer goods and services still occurs in large-scale manufacturing/marketing sectors operating on legacy hyper-centralized organizational structures. Both buying & supplying need to be significantly decentralized before web3 benefits are to be reaped
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df
@df
What benefits are those, and why does buying and supplying need to be decentralized for them?
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Mitch
@off-fleek
it's primarily about information, know-how and access-to-infrastructure. think about what a single developer can do today because of AWS. Now imagine what someone could do w/ an AWS for various manufacturing and distribution processes. Couldn't happen in a centralized manner, legal complexities would be insane.
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df
@df
Let's say 3D Printing is incredibly high quality, super cheap for all materials, distribution is cheap and very low skill cap. In this world, what % of consumers do you think earn a meaningful income from selling products or services?
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Mitch
@off-fleek
in that lovely future, income will not be what it is today. imo, especially with the "super cheap for all materials" and "distribution is cheap and very low skill cap", we're in a totally different economy at that point (which is fantastic, and _the_ point, imo)
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