fredwilson on Warpcast

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fredwilson pfp

@fredwilson.eth

Hi Casters. I promised a follow up to yesterday's post on AI being the native business model for content. Here is that follow up post https://avc.xyz/minting-is-the-native-business-model-for-web3-and-maybe-ai-too

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Great essay! This could also work the other way around: Creators today add a “collect” button and receive tips from eager supporters. Consumers could also add a “pitch me” button and get approved creators directly feed them interesting results based on their interests, for a small fee given to the user.

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kugusha 🦋 pfp

“liking is called minting” - catching myself on this behavior more and more often. And we already have a design concept for this https://warpcast.com/0xdesigner.eth/0x7d908052

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Sergito pfp

Was a great read! Was thinking along similar lines earlier this week:

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Cameron Armstrong

I appreciate this might be in the next post, but are there any examples in the wild of a median user revealed preference to own their “own” interest graph data (or even do micropayments)?

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Jakub pfp

Spot on. I wish I could quote this on FC

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jesse.base.eth 🔵 pfp

jesse.base.eth 🔵

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Ryan pfp

Hi Fred. Thank you.

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@coopahtroopa.eth

Agreed on the thesis. Biggest challenge is how to make this behavior desirable to a mainstream audience.

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cyrus pfp

I remember using steemit in 2016 (before I lost my key) - I loved the idea of owning my content, being rewarded and also rewarding others vs. rewarding fb etc. 8 years later ‘on-chain UX’ has improved a tonne and is good enough for those who will work things out. When do you think it will be ready for the masses?

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Alok Vasudev pfp

The step I struggle with is where user controlled data (onchain) automatically leads to user controlled AI models. Why couldn’t a private company-controlled model train on public user data?

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winnie pfp

do you anticipate the cost to mint/collect to gradually trend to a few cents?

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Clujso (David) pfp

Only 10 editions of the post — need to be quicker next time :(

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@gabrielayuso.eth

Great post. Aligns beautifully with what I've been thinking about this past couple of years. "My next post will be about how we get more people using these tools. " Looking forward to it. I've been exploring this as well.

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kompreni 🚂 pfp

Even if the user "owns" the data in their wallet, I don't think it's as private as you infer it is. Any AI can train on the data collected by a wallet.

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McBain pfp

I'm starting to think of Farcaster like "/costco internet". You pay to get in but it's a better deal

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Degenerate Disciple 🎩

How does one create a blog that ppl can mint like yours?

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SeeingBlue pfp

If you missed minting this article, here's a quick primer on how you can still collect a version of the article (via quote highlighting.) https://zora.co/collect/base:0xa87a95c32cdcb368f7437987af452224d26bc691/2

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Dan Nolan pfp

I don’t see the average non-crypto person ever wanting to pay to collect posts

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Daikie.eth 🎩 pfp

Daikie.eth 🎩

I'm a bit worried about the malicious incentives that come along with monotizing posts but web3 social is definitely an exciting development. Really cerious where it will all end up.

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