Can decentralized technology create a fairer version of capitalism?
In short: Technologist Yat Siu explores how the 'open metaverse'—or web3—is moving beyond hype to build a foundation for digital ownership and a new creator economy.
The presentation examines how a decentralized internet can facilitate a freer and more prosperous society by shifting the power dynamics of the digital world. Siu argues that web3 provides a necessary update to modern capitalism by enabling true ownership of digital assets.
By focusing on the creator economy, the open metaverse aims to provide individuals with more agency over their work and property. The talk frames these technological shifts not just as innovations in software, but as structural changes to how we interact with value and equity online.
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Sources
- Summary by Intellect · source: The Dream of Digital Ownership, Powered by the Metaverse | Yat Siu | TED
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