Re:On Web3 Infrastructure
by cormacrelf on Sunday January 09, 2022 @10:49PM
(#29870377)
If Facebook were the only player in the metaverse, it would have no value whatsoever. They need other people to invest, because it is too big to build themselves, and it is therefore necessary for others to participate for there to be a market at all. Simply doing it because it’s a trend is incredibly vapid. If you don’t think it’s a good idea, don’t give them your investment. Your choices matter; your thoughts on whether a trend is worthwhile matter, because your participation determines its success. Take some responsibility.
I think there is a misunderstanding here, I'm not involved in any web3 stuff I am just discussing it. I think whether or not you or I think it is a good idea or not is irrelevant because the reality is that there are people that are working on things because they think they are good ideas, and there are people investing in those things similarly, even things you would consider ethically questionable. It happens and will continue to happen.
Facebook doesn't need to build it all themselves, they just have to make the platform that everyone else will want to build on, just like what all of the current tech giants have done for the past 20 years. The idea isn't about chasing trends (or even something specific like a "metaverse"), it is seeing where innovation in happening and hopefully avoiding further concentration of power in the future of the internet.
The point is that nobody knows what the future tools of the internet will be, they can only see trends and act on those. Most are probably stupid and most will probably be useless, but innovation will inevitably happen. Its fine if you think places like facebook can have the metaverse to themselves, just like it is fine for people to think they shouldn't.