Twitter’s founder admits that shutting down the API was “worst thing we did”
There&#x27;s so much talk about web3 - it&#x27;s a bit overwhelming - and almost feels a bit toxic by all the people shilling it without any actual proof (in the form of new products or services).<p>I have yet to see any product or service that actually leverages &quot;web 3 technologies&quot; - whatever that means to you - to create something that can&#x27;t be done with web 2 or that is either marginally or substantially better.<p>This doesn&#x27;t mean they don&#x27;t exist. Rather, I don&#x27;t even conceptually understand what a service built on &quot;web 3&quot; technologies would accomplish that is distinct from what we have today with web 2 technology.<p>Does anyone have examples beyond crypto currencies as an investment and NFTs - which is just digital art?<p>Fundamentally, many of Web 2.0 is distributed, FB, AWS, Google and most tech companies all do massive amounts of working in creating distributed systems - distributed databases, distributed serverless infrastructure, CDNs etc.<p>The &quot;centralization&quot; is that there are companies that operate these services.<p>Is the goal of Web 3 to not have companies but have individuals&#x27; machines running these?<p>I certainly don&#x27;t want my personal computer, phone, Alexa etc running and supporting someone else&#x27;s &quot;decentralized application&quot;.<p>What is the goal of web 3? I haven&#x27;t seen any articulate answer that clarifies this question in any meaningful way. I&#x27;m hoping someone here can shed some light for me.<p>ETA: The only interesting use case I can think of is to simplify transfer of ownership of digital assets - ebooks, video games etc. Maybe blockchain would be good at simplifying lending of these digital assets between friends, stores, etc without the need for DRM?<p>I&#x27;d explicitly include TV, movies, and music but very few people purchase these 3 categories since streaming came along.