Blockchain revolution tv shows
For instance, Airbnb or Uber collect equipment or people through their centralized platforms then sell their services for sizable fees. No key exchanges and tiny fees. Disputes would be avoided, or easy to settle, because transactions could be retraced each step of the way.
Such co-operative blockchain ledgers will replace Airbnb, banks, Uber and social media companies, the Tapscotts say. Blockchain technology could also be used to protect intellectual and artistic property — destroyed by the Internet.
Artist, musicians, writers, journalists, academics, film makers, photographers, translators, scientists, architects and engineers could register their works on a digital ledger to establish ownership and royalty entitlement. Entries would be transparent, time-stamped and could be used as evidence in court or as a basis to receive micro-payments for usage. Globally, a blockchain ledger of physical assets could eradicate fraud and corruption in countries where property titles or other documents are collected and controlled, sometimes stolen, by governments or bureaucrats.
Clearly, not only will traditional intermediaries be eliminated — from banks to stock markets, lawyers, accountants and search or social media giants — but a fairer organizing principle will be established online. I have a background in mathematics and computer science, so that was double spending and operating research, data structures, algorithms.
Those were things that really interested me at the mathematical level. To then think that those principles could be applied for social change, it was kind of a love at first sight of blending these things together.
I started programming when I was 12 or 13 and got into Blockchain around when I read the Bitcoin whitepaper written by Satoshi. Then I was one of the first people to get into Ethereum and from then on it just grew more and more. Regarding AI and Blockchain, I would say one of the biggest issues probably is how we decide to structure the algorithm and the incentive mechanisms that we put into the system because, in the end, you get your reward. Now we have a system where there is a huge centralization of power, centralization of capital, centralization of risk, and in particular, the big players are de-risking everything by hedging the risk on the small guys particularly in developing countries.
I think every time that you have a shift in technology or dramatic shift, you have the ability to change things by creating a new incentive structure, by changing the rules of the game.
Right now that is that moment that seismic event that can change the incentive structure and the mechanisms underneath. Are we ready for above-mentioned inventions or do we have to evolve further? We are still in the very very early stage of the protocols and of the mechanisms that we are building. Where a single entity might die or go bust, the overall network captures some of that value, and then you can increase the value again, again and again. We should do that for the economic system, and also for decision-making and everything.
Since we know that we are going to make mistakes- we should design a system that gets better as we make more mistakes because we learn from them, instead of just repeating the same shit over and over and not learning from it, which is mostly what has been happening recently.
I wrote a few books. I wrote it six years ago. Then, two to three years later, professors from MIT and Oxford have written the papers that say exactly the same things with exactly the same numbers, but using different methodologies, so they were kind of validating everything that I was saying.
Thus I went from a charlatan to an oracle. It was kind of weird, but you know, same stuff just has caused different reactions from people. It shows two different paths we can take.
One where things have taken the decentralized, open source model and a more sensible approach on how to use technology to better society and the other is this hyper-capitalistic narrowly focused, mindless, repetitive work that leads to a dystopian society. The third book I wrote was a book for Italians about how to build startups because in Italy no one knows how to build startups.
Very few people know and the few people who do they leave the country and go elsewhere and they never tell anyone back in town. Now, they call startups everything, like if a pizzeria were a startup.
To kind of give the idea that we are not even step one we are at step zero, we should get the basics first and understand them. So I have been doing that a lot of that. In the end, they would do both. Despite initial interest, electric cars never reached wide distribution. Who Killed the Electric Car? The movie portrays an industry unable to innovate and disrupt from within. Watching Kaleil deal with the day-to-day, nuts-and-bolts difficulties that face many CEOs as their company grows is an educational and cautionary story.
This is the same spirit that animates our Startup Post-Mortems list. Released in , e-Dreams is a documentary following Kozmo. Pirates of Silicon Valley is a semi-historical depiction of the famous rivalry between Steve Jobs and Bill Gates over three Shakespearean acts. The second act of the film covers the revolutionary development of the PC and the fall of Jobs at Apple in the mids. Directed by Francis Ford Coppola, Tucker: The Man and His Dream follows the upbeat title character, Preston Tucker, as he attempts to create a better, safer automobile in the late s.
Moonshots are called moonshots for a reason. Strapping men to an explosion-fueled rocket and pointing it toward the sky sounded like as bad of an idea in the s as it does today.