What’s the Best Use for Crypto? Let AI Find Out: Tyler Cowen

June 9, 2023, 11:30 AM UTC

Remember Web 3.0? No? Allow ChatGPT to refresh your memory: Web 3.0, according to GPT-4, is “the next frontier in internet technology, characterized by decentralized, user-centric applications that prioritize data privacy and foster seamless, interconnected experiences.”

Today Web 3.0 stands as one of this era’s most discredited ideas, an “innovation” that was hyped for years — until crypto prices collapsed and brought down many crypto projects with them. As with crypto, advocates for Web 3.0 have never quite been able to make a real-world use case for their technology.

And yet. There is a reason I asked GPT-4 for a ...

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