So I've been prophesizing lately that AI crypto for the masses is going to completely reshape the world in ways we can't possibly imagine yet. It will slowly take money out of the hands of the powerful and redistribute it.
This theory is balanced on the notion that AI will leverage cognition to the point where it can compete with the big businesses with their millions of bots making the markets, allowing regular joe to play with the big dogs as he sleeps.
But like anything the big dogs wont go down without a fight.
I've walked this earth long enough to know and understand that the death throws of the previously powerful usually take many down with them in their wake.
You can see this happening with the mainstream media right now -- a dying medium, locked in the horrible spiral of their death; resorting to sensationalism and falsehoods that drive those angry clicks to their advertisements.
It's rarely about truth anymore.
They have had to resort to arranging with YouTube to getting prime spots for the masses -- less people trust the mainstream media than ever before, but that is because people stopped giving them their attention.
Less eyes, less money.
Attention is everything.
Money is everything.
That's why artists get paid so much if they manage to generate a huge audience. There's a big value in that.
30 years ago information (and subsequently attention) was highly controlled and gatekept, but not so much since the rise of the internet and the decentralization of information.
I don't think many in the world realize how far we have came since the beginning of Internet access for all.
You see at first it was fun, and most people enjoyed the idea of everyone connecting to each other without boundaries and sharing information.
But eventually it got a little out of hand.
Think WikiLeaks.
Distributed information that would never have seen the light of day had it not been for the internet and the ease of access to sites like this.
Do you ever remember the Occupy Wall Street movement?
Well, the democrats have co-opted that now, but initially it was a bi-partisan movement where everyone from all over descended on the power structures. The internet spread coverage far and wide and people from all over the world joined it.
I remember once, when Facebook was relatively new and people started to share their grievances over several stores in the UK. One notable group that was created:
"Cash converters, turning televisions into Heroin since 1988"
This gained quite the notoriety over several weeks and gained 100's of thousands of fans very quickly. It was massive reputational damage for Cash Converters and Facebook had to shut it down eventually.
That's when the cracks in Utopia started to happen.
Soon after that President Trump got elected through his smart use of internet personalities and that's when the power structures knew they had lost control of the narrative and had to pull it back.
That's when it was no longer a cute thing for the masses -- it was a competitive edge to be controlled.
The same thing will happen with finance I expect.
It'll be cute at first.
People will share stories about how joining web3 has changed their lives and they now spend their time working on themselves and being free to pursue their interests.
Wealth creation events will start happening all over the place -- and AI will sustain the flow; meaning smart money can't "upper hand" it anymore like it usually does.
Eventually, everyone will begin to have enough. People will be able to sit back and have their money work for them.
It will be true decentralization of money.
And it will be way more power to the people. Way more powerful than the freedom of information ever was.
Combined? Information and wealth is going to wreak havoc on the power structures of this world.
Whole integral institutions that were built on the premise of keeping us poor will crumble and fall in almost no time at all.
Governments will have to appeal to the people again, rather than lobbyists, because the people will have way more power -- and will be aware.
Jobs and businesses will have to adopt the bottom up management style where employees are seen as value to the company, rather than replaceable the following day -- as businesses for the first time ever will have to compete for employees, and not the other way around.
But it won't go smoothly of course.
Power doesn't dissipate without going out with a bang. They will try and grab and clutch and claw at every string in their arsenal, and it won't be pretty. It'll also happen slowly too -- so much so that you might not even notice it happening in real time.
It might just happen like a slow nudge every month. Like how the massive censorship machine creeped upon us to control the flow of information.
So get ready for an amazing, yet probably rocky decade or two as those in power wrestle to keep hold of it.
All in all?
Web3 will win, though.
Information can be controlled with lots of money and people power, however it's way harder to control money. Especially if way more people have it.
Money and finance is at the core of society.
It's going to be a wild 10-20 years folks.
Buckle up.
Starting 2025.
Peace!