I have to admit, I’m stealing a lot of the ideas in here, but wanted to post as someone recently alerted me to Mr. George Gilder’s work and how “The Age of Google”, built on big data and machine intelligence, has been a great achievement but is coming to an end. Silicon Valley is having a nervous breakdown as its chaotic advertising models and simplistic and centrist “aggregate and advertise” program has turned the internet into a “wasteland of ads”.
The dream of machine learning and artificial intelligence ruling the world has some logic, but in crowning its omnipotence and transcendence the Giddy Princes of the Digital Age have given up on security and authenticity. Passwords and personal information are hopelessly permeable. The “cryptocosm” then would be the new architecture of the blockchain and its derivatives. It will provide the Internet a secure global payments system, ending the aggregate-and-advertise Age of Google.
Silicon Valley is now dominated by a few giants and will face the day of reckoning, the “great unbundling”. When everyone is finally done being oohed and awed by slick digital imagery and finally asks why we are all paying tribute to Mammon for the right to surf (or should I say ‘serf’) the web, that is when the cryptocosm will explode, appealing to the individuality of our collective unconscious, and be the victory of dispersed and decentralized computer power and commerce to positively transform the economy and the Internet.
Life after Google is coming in 2020.
Peace @ClumsySilverDad
