Industrial Revolution IV
A study of shifting sands
TheCryptoStew as a community believes in the use of power, capital, wealth, and position to serve people. Our team entered the bristling blockchain environs in order to support the decentralization and openness of the projects at the center of these markets.
We have a strong belief in free markets, transparency, and winning (a lot). We believe providing the world’s people with equal opportunities is a central responsibility to the role of human development. We have spent years delivering security for a number of blockchains aimed at accomplishing just these things, and more widely working to provide education surrounding their implementations.
As such, it is crucial that we understand the role we each play in the current industrial revolution, appreciating the gravity of responsibility that goes with receiving the scepters of wealth, power, and position.
Make no mistake, the fourth industrial revolution is here, and it is big.
Blockchain
Bitcoin aside, the liberation and freedoms related to the adoption of blockchain technology are promising, though anything but guaranteed.
Blockchain is a protocol with which we can secure, verify, broadcast and transmit data across a widespread network of computers being operated by different parties, and in different locations, while maintaining the integrity of a central constitution or set of guidelines the network must follow.
In order to secure the powerful technologies of creating digital governance, decentralized financial systems, and removing parasitic third parties from human lives (injecting wider transparency and trust), disruptors must be the holders of the keys (literally and figuratively).
This capability has far and wide-reaching effects outside of the ideas of decentralizing and liberating currency and the way we transmit value (BTC). This changes entire industries from supply chain, to gambling, to risk management and insurance. Anything that requires two parties to trust each other, or a third party, is potentially in the cross-hairs.
Understanding and investing time and energy into blockchain protocols ensures the openness and decentralization may continue, granting access to a greater number of different entities worldwide.
At launch, the number of operational ETH2 Validators was somewhere in the neighborhood of 20,000 +/-. In contrast, the number of people on Social Media by 2021 is expected to reach 3 Billion.
Computing & Data
Computing has always been an area built for disruptors by disruptors, and one that has been wrangled into the folds of the old paradigm by big tech. Computing and data ownership at a high level is now a means of control and authority. Most of the world’s population is still unable to perform even basic functions with computers, instead relying on the authorities to make life easier, a proposition which can be detrimental to human adaptation.
Technology courses now focus more on securing the old paradigm of dinosaur equities with loyal and reliant user-bases. They are cementing the legacies of those who’ve usurped all the data.
Decentralizing data is of highest priority. Controlling data, computing, all searches, all functions and realities within one or two massive central authorities is an idea that will not last, nor should it.
Our schools, parents, and administrations must adopt the desire to lean into the disruption and intensify education within these shifts that are gaining unending momentum. We should move away from the same old tired ideas like Microsoft Word certifications of how to create hyperlinks, instead focusing on something from this decade, or something with greater relevance.
Word processors are a great thing to learn to use, but why Microsoft? Why Google? Why not the wider knowledge of what a word processor is used for? The deeper concepts behind the button clicks, the reasons for communication, and fundamentals where we’ve become lost.
We are a human people losing our ability to be smarter than the robots inevitably becoming part of our lives. Can you speak binary?
Robotics & AI
Speaking of the singularity…
…joking.
With certainty, robotics and Artificial Intelligence are two genies that have already blown the proverbial popsicle stand.
Unless we can catch up to this lightning fast revolution, cramming the genie back into some sort of Ghostbuster spirit trap (I don’t know how ethereal capture devices work), we as humans risk becoming overly reliant upon them and the small number of humans capable of managing these technologies.
With every industrial revolution, we often see labor destruction for jobs that are eliminated, never to return. If we remain underprepared and blindsided, there will be pain.
The good news is, typically we see the creation of jobs that had previously never existed. This trade-off may appear as a tumultuous shock to our world’s or nation’s economies; disruptors in this space will be poised to absorb the demands placed upon several industries, and sectors.
And absorb it they most certainly will.
Final Thoughts — Adaptation & Beneficiaries
Having resources invested and the ability to hang with technologies like AI, robotics, blockchain and computing are both increasingly valuable. Even a small amount of coding or foundations can ensure that the widening technological gap is not so wide as this fourth industrial revolution screams into its zenith.
Participating as an investor, owner or participant creating open, fair, and decentralized disruption is exciting and rewarding.
It will volley stock prices higher for Disrupter Incorporated, and also make glaringly obvious the missteps of the tired behemoths.
Choose where your resources of time, capital, and energy will be placed during the coming decade; follow the beaten and muddied path of gridlock, or dare into the frontier towards a new horizon.
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