Greylock general partner Reid Hoffman and his Blitzscaling co-author Chris Yeh examine the current development of Web3, focusing on how basic human nature is driving some of the innovation.
This discussion was sparked in part by an article by Bloomberg reporter Joshua Brustein, who interviewed Hoffman about his recent essay on his experience as a Web 2.0 entrepreneur and investor. In that essay, Hoffman described the ways the “wild idealism” of the era led to major advances that both positively and negatively impacted the world, and how the “seven deadly sins” of humanity form the basis of many technological pursuits. You can read a transcript of this conversation here: https://greylock.com/greymatter/vices-and-virtues-in-web3/
You can read Joshua's story here: https://www.bloomberg.com/news/articles/2022-01-12/web3-silicon-valley-s-new-obsession-looks-a-lot-like-last-one?sref=ojgukC4T
Chapters
0:00 Introduction
0:16 Similarities Between Web3 & Web 2
8:26 Wild Idealism
13:56 User-Generated Value
18:45 The Original Deadly Sin
25:04 A Moral Choice
30:33 Decentralization
35:14 Rethinking the Current Digital Architecture
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