From Techno Feudalism to Crypto Enlightenment
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Some authors have been vocal comparing to feudalism the current economic system concentrated in the hands of few digital behemoths. That’s a result of the Web 2 architecture of the Internet. Web 2 is also contributing to a deep crisis in democracies, which are not prepared for the inexorable post-modern low trust era. However, integrating blockchain and AI, societies can produce intelligent, but selfless entities. In this context, Web 3 may be much more than an economic alternative. Societies have the opportunity to adapt the set of Enlightenment principles to this new reality and make institutions and rationality great again.

LFDT Riyadh
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From Techno Feudalism to Crypto Enlightenment