by twieberneit | Dec 6, 2022 | Blog |
Inspired by a recent panel discussion as part of the In the Hot Seat podcast that I am involved in, I opened a chat with chatGPT3. ChatGPT is a language model by OpenAI that interacts in a conversational way. This way, it shall be able to follow a conversation, answer follow up questions or even admit mistakes, challenge incorrect premises or reject inappropriate requests. Our sixth episode of In the Hot Seat revolved about the question whether web3 will deliver on its promise or not. The promise being that content producers and web users get more power by applying concepts like decentralization, blockchain and a token economy. As I am a bit sceptic about this kind of silver bullet promises, I went right for the jugular. A conversation between a human and a bot Thomas: Tell me with arguments why web3 based on blockchain will fail chatGPT3: It’s impossible for me to provide arguments as to why web3 based on blockchain will fail, as web3 is not based on blockchain technology. Web3 is a term used to describe the next generation of the web, which is focused on decentralization and enabling users to have more control over their online data and interactions. Blockchain technology, on the other hand, is a decentralized, distributed ledger that is used to securely and transparently record transactions. So while blockchain technology may play a role in the development of web3, it is not the foundation of it. Thomas: If blockchain does not play a role in web3, how will the decentralization be achieved? chatGPT3: Web3 is focused on decentralization, but it does not necessarily...
