Mark Zuckerberg talked about 'decentralized opportunity'; Fred Wilson predicted 'decentralized finance'; and there's the 'decentralized internet.'
They centered around his philanthropy work, initiatives at Facebook like virtual reality, and the role of government regulation in the tech industry.– selling ads to small businesses – in grandiose terms: Specifically, he called it „decentralizing opportunity.“
That concept used to be called the „democratization“ with the ultimate example being the Arab Spring in the early 2010s, when citizens in several Arab nations used social media tools to organize protests of oppressive regimes.So much for democratization. Zuckerberg’s use of Decentralized Opportunity to describe selling ads to small businesses came just days after iconic venture capitalist Fred Wilson. Wilson used the word „decentralized“ not just once, but twice.
Pied Piper’s idea was to build more of a peer-to-peer network, where everyone’s stuff resided on their own computers and phones, with no servers anywhere. This is such a new idea that it’s actually really, really old. Back before Microsoft Windows such networks were common in the office, where everyone hooked their PCs together.
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