[HN Gopher] Three Steps to the Future
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       Three Steps to the Future
        
       Author : uptown
       Score  : 30 points
       Date   : 2021-12-06 16:53 UTC (6 hours ago)
        
 (HTM) web link (www.ben-evans.com)
 (TXT) w3m dump (www.ben-evans.com)
        
       | jonny_eh wrote:
       | Innovation has reached a local maximum if tech elites can only
       | think of cyrpto-currencies and VR as near or long-term
       | opportunities. What a depressing time to be in technology.
        
       | jkingsbery wrote:
       | I think this metaverse/VR emphasis is a passing fad. We've been
       | talking about VR for decades. Engineers focus on technology, so
       | focus on how the technology for VR keeps getting better. But
       | outside of very specific domains, no one wants VR.
        
         | holoduke wrote:
         | If at one point a VR/AR headset looks the same as ordinary
         | sunglasses with 16k per eye , I am sure it will be a new
         | revolution. The amount of information you can project on those
         | glasses while walking around in the normal world is beyond
         | imagination. you can show the world as it is plus a ton of info
         | at every object you look at. Those glasses will slowly evolve
         | to the size of eye lenses and it will be a necessary item in
         | order to participate in modern society. Just like living
         | without internet isnt possible.
        
           | ok_dad wrote:
           | > living without internet isn't possible
           | 
           | Sure it is, my MIL doesn't do anything on the internet other
           | than entertainment (TV and music) and maybe email or texting.
           | If she wanted to, she could cut it out completely and get
           | along fine with landline phone calls and mailing bill
           | payments and such.
        
           | jazzyjackson wrote:
           | what is your life where living without the internet isn't
           | possible?
           | 
           | also, you seem to think projecting more information onto the
           | world is a Good Thing, this is not obvious to me.
        
         | ok_dad wrote:
         | I want VR, but not Oculus because of the FB linkage (I don't
         | have FB). I also want it to be self-contained, so I don't need
         | a fancy PC to run it, but it should still connect to my PC as a
         | display device or something. I also want it to be open source,
         | or at the very least it should not have telemetry, account
         | logins, or anything like that for the hardware. It also has to
         | work on any OS, it should work with my game consoles, and my TV
         | output as a virtual screen. I just want a "dumb" VR display,
         | effectively. An AR display would be nice, too, if I could put a
         | "mask" over it to turn it into a VR display.
         | 
         | Right now, I am pretty sure there is nothing to fit that bill.
         | If there is in the future, I definitely want this, if only to
         | be able to play games while lying in bed or to have several
         | virtual computer screens for coding and work.
        
         | Escapado wrote:
         | Growing up with a specific, media influenced vision of VR(Ghost
         | in the shell, .hack, sword art online) where lots of of the
         | current technical challenges to create something truly
         | immersive are solved, I really want VR to succeed. I got to try
         | the original Oculus Rift and later Quest and I would argue that
         | visually we are maybe 5 or so years away from a pretty decent
         | experience (like 4k by 4k per eye with decent latency, 120hz+,
         | no screen door and maybe even proper foveated rendering).
         | Sound-wise I don't even think there is much missing. Form-
         | factor/comfort-wise I also believe that we are not far off. And
         | experiences which make use of "just" that are ok or fun even.
         | 
         | IMHO however, movement and tactile feedback are still lacking
         | so far behind that I don't even know if they can be solved in a
         | non-invasive, average user friendly manner. I mean sure, you
         | can strap yourself to a treadmill contraption and use
         | controllers or gloves to track your hands and maybe even wear
         | some suit which vibrates here and there. But you won't feel
         | real collisions, let alone texture, realistic force and
         | acceleration. And somehow when I tried VR I felt like this was
         | missing so much that it limits my enjoyment big time.
        
         | ignoramous wrote:
         | > _But outside of very specific domains, no one wants VR._
         | 
         | Parallels with early computing industry? The very nature of
         | technology adoption is such that it always appeals to a niche
         | first aka "no one but a handful want it". Then, depending on
         | incentives, an ecosystem crops up that continues to add value
         | as it grows. Computers had internet to fallback on for network
         | effects, with web and email help add value. For VR, that could
         | be gaming, crypto-currencies, social networks... who knows what
         | else.
        
         | jimbob45 wrote:
         | Personally, it's just not comfortable. I know it's petty but
         | that's a huge negative for everyone I try to show it to.
        
         | 0_gravitas wrote:
         | Speak for yourself, I've desperately wanted a VR setup for
         | years, but have never had access to the real estate. I tried it
         | once a long time ago, and long for the day I can have my own.
        
       | arbuge wrote:
       | I think Web3 is still a solution in search of a problem at this
       | point. I personally remain unconvinced. This presentation
       | proposes Helium as a suitable application but it seems to me you
       | could do everything Helium does just as well with an old-
       | fashioned centralized network controlling the whole thing.
       | Collect usage fees on one side from the users, and pay them out
       | to the "miners" (AP providers) on the other... and you don't need
       | any stakers. If the network is too stingy with paying out the
       | proceeds to the AP providers, you won't attract AP providers, so
       | the whole thing self-balances in the same way Google Adsense
       | does.
        
       | Animats wrote:
       | _The most exciting themes in technology today are transformative
       | visions for 2025 or 2030: crypto, web3, VR, metaverse... and then
       | everything else._
       | 
       | Ugh. Is that all we get? Not even self-driving cars?
       | 
       | The big trend in cryptocurrencies is crackdowns. In June 2021,
       | China dropped the hammer on crypto mining. They started with
       | "please stop doing that" in 2018-2019, and progressed to turning
       | off the power to hundreds of Bitcoin mining operations and
       | arresting people. This stopped the big use case of Bitcoin in
       | China - evading exchange controls on capital. In the US, we're
       | seeing much more involvement by the IRS, SEC, FBI, and New York
       | State authorities. The US government seized US$3.3 billion in
       | cryptocurrency in 2020. Cryptocurrency operations are being
       | forced into either bank-like regulation (UK, Canada) or pushed to
       | the usual regulatory havens (the Cayman Islands is popular). The
       | SEC stopped most ICOs back in 2018. Currently being looked at
       | hard, stablecoins. Next, NFTs. Most legit countries are now
       | requiring Know Your Customer identification, and many of those
       | countries share that data between tax authorities. The legit use
       | cases of cryptocurrencies being somewhat absent, this doesn't
       | look like a transformative technology.
       | 
       | 2019 was the year of VR. Like 3D TV, it works, but it's just not
       | that interesting. AR, though... For that, see the "Hyperreality"
       | video I've mentioned before. That's where Facebook probably wants
       | to go.
       | 
       | Much as I like virtual worlds, I don't see them as being a big
       | thing. 3D social worlds go all the way back to Quantum Link,
       | which predates AOL, and continue through to Second Life, which is
       | sluggish but has all the features people claim metaverses should
       | have. They are only useful to people with too much free time.
       | 
       | The technology most likely to change the world in the next decade
       | is vaccine engineering. Not just COVID. Vaccines for AIDS,
       | tuberculosis, all variants of influenza, and Alzheimer's are in
       | development. Some of them will probably work. Creating new
       | vaccines is now done by sequencing and then synthesizing a
       | candidate vaccine. There's much less trial and error involved.
       | 
       | Batteries are going to get cheaper from production economies
       | alone. This will quietly change the whole energy landscape.
       | 
       | And we're going to get self-driving cars. Waymo and Cruise test
       | in San Francisco routinely now, and they have few accidents.
       | Usually they get rear-ended at slow speed because they're
       | cautious about left turns. That will get better as most manual
       | cars get auto-braking.
        
         | naasking wrote:
         | > Batteries are going to get cheaper from production economies
         | alone. This will quietly change the whole energy landscape.
         | 
         | Indeed, and even better, I think this will finally be the
         | decade of grid storage. There are something like a dozen pilot
         | projects for all kinds of theoretically scalable grid storage
         | solutions being built and tested right now. This will make or
         | break renewables as a viable source for baseload power.
         | 
         | It will also see the revival nuclear because grid storage can't
         | be built cast enough and many governments don't want to invest
         | in the infrastructure improvements that will be needed.
        
         | jazzyjackson wrote:
         | wrt biotechnology, don't forget at-home desktop-pharmaceuticals
         | via engineered yeast. It's a good thing vaccines will provide
         | profits because their over the counter drugs will soon be
         | subject to pirating.
        
       | mrfusion wrote:
       | Anyone want to explain web3 like I'm from 2007?
       | 
       | I haven't been able to tell what it is?
        
         | noir_lord wrote:
         | Neither has anyone else which is the brilliance of calling
         | something by a deliberately nebulous name.
        
         | JeremyReimer wrote:
         | I don't think there's a good explanation out there.
         | 
         | From what I've read, the main idea is decentralization, either
         | of website databases using blockchain (which seems wildly
         | impractical and ludicrously expensive), or of payment of
         | advertising revenue to website users and contributors (which
         | seems like an impossible business model)
         | 
         | The main issue, I think, is that "decentralization" means a
         | different thing to every person, therefore "web3" can mean a
         | different thing to everyone. This makes it hard to define it or
         | to argue for it or against it.
         | 
         | I read a blog post linked on HN recently on "the architecture
         | of a web3 application" [1] and it was so long and complicated
         | that I honestly thought it was satire. I don't think the
         | methods described in the post were at all practical.
         | 
         | Ultimately, web3 might simply be a rebranding of blockchain and
         | crypto technologies in order to make them seem more democratic
         | and transformational than perhaps they are.
         | 
         | [1] https://www.preethikasireddy.com/post/the-architecture-
         | of-a-...
        
           | helloworld11 wrote:
           | So, many people here complain and whine about how the
           | internet has become too centralized and ad-rev driven by the
           | big tech behemoths and all the little shitty fish that follow
           | their tactics, but then when a bunch of people come along and
           | at least propose a certain type of possibly workable solution
           | that's particularly friendly to avoiding major centralized
           | arbiters, they get booed down because some of them also
           | happen to be pie in the sky or scammers (where does either o
           | these two not exist in any tech?) The same people booing
           | these types themselves work for the giant tech behemoths,
           | which are themselves some of the absolute most parasitical,
           | mendacious, lying, perpetually damaging agencies on the
           | entire web and in the wider world of digital technology.
           | 
           | Tell you what, as full of scams and cons as the world of
           | crypto is, i still sympathize with it much more than I do
           | with any random argument in favor of a real monstrosity of
           | dishonesty and prying scumminess like Facebook or today's
           | Google. Those and so many of their modern digital cousins are
           | the real enemies of so many good things.
        
           | zbyte64 wrote:
           | Another fast and loose term is "User". The claim OP makes is
           | that Users will control the network and money created. Seeing
           | how you can't directly transfer an NFT from opensea to a
           | different marketplace, I find this claim dubious. But that
           | aside, the "user" is a programmer, not your Aunt and Uncle.
        
         | cgh wrote:
         | Stephen Diehl to the rescue:
         | https://www.stephendiehl.com/blog/web3-bullshit.html
        
         | [deleted]
        
         | grey-area wrote:
         | It's the latest problem invented so that cryptocurrencies can
         | fix it, after egold, currencies, payments, micropayments, apps,
         | smart contracts, icos, asset tracking, nfts, now we have
         | communities of bored apes and pudgy penguins who pay someone to
         | be members of an exclusive club of pixel receipt owners.
         | 
         | Web 3.0 didn't exist, so it was necessary to invent it to give
         | cryptocurrencies value again.
        
         | cblconfederate wrote:
         | Ethereum's javascript API was named web3. It enables people to
         | login with their wallet anywhere. From there it exploodes to a
         | universe of possibilities.
        
         | openfuture wrote:
         | Some people found out that legitimacy is implied by
         | coordination and started using cryptography to build various
         | ways to coordinate multiparty computations that can simulate
         | various banking/finance protocols.
         | 
         | Web3 is normal web development where you use some APIs to
         | interact with these protocols and condition access to
         | {functionality,resources,..} in your webapp on the current
         | state of the multiparty computation. You can also participate
         | in coordinating the computation.. idk maybe I'm taking the 2007
         | constraint a bit too far.
        
         | tild3 wrote:
         | It's just a rebrand of the term "blockchain" and the ecosystem
         | of apps built on top of various blockchains. It's trying to
         | presume that these ecosystems are the next iteration of the
         | internet.
        
         | kingcharles wrote:
         | Serving web sites from a blockchain (which is decentralized,
         | exists in pieces across the whole Internet), instead of serving
         | them from a single computer located in a data centre.
         | 
         | i.e. makes web sites harder to switch off/censor.
         | 
         | p.s. Freenet has been doing this since Satoshi was in diapers.
        
         | gumby wrote:
         | In a nutshell:                   Web3::web 2.0
         | 
         | as                   IPFS::filesystems
         | 
         | You may interpret this as praise or criticism depending on your
         | point of view.
        
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