Recently, I feel that the industry has fallen into financial nihilism. There are not many new narratives and hot topics to lead the market. Everyone is talking about the fair distribution of memecoin and airdrops. The short-term carnival excitement brought by the pump and then numbness. The new technology seems to be very good, but it seems to have nothing to do with our lives.
Just like in 1879, Edison improved the tungsten filament, allowing electric lights to illuminate most streets. Everyone realized that electricity was a good thing, but it was not until 40 years later that electricity gradually entered ordinary people's homes and various factories. Although electric motors have higher energy efficiency and lower maintenance costs, they faced excessively high replacement costs and the entire factory building design that was powered by steam engines at the time (the closer to the steam engine, the faster the power is obtained and the lower the energy consumption). In the end, factories based on electric motors were able to get rid of distance restrictions, thus giving rise to the modern assembly line workflow and bringing about increased productivity, which made this technology more popular;
We humans have been using various tools to conquer nature since the beginning of agricultural civilization. We then learned the laws/models from nature and summarized them into more efficient tools. We entered the industrial revolution. The standard models of various machine parts are like modularization and API in software to meet the needs of upstream and downstream machines. In order to adapt to this modern production, we invented scientific production, assembly lines, accounting standards, company systems, school education, etc.
In the Internet era, the production cost and marginal cost of content have been infinitely reduced. In the past, it may have been necessary to hire editors and market promotion, but now it has been replaced by the platform's traffic distribution logic (value is also captured by these platforms), which has led to a huge explosion of content/information. Similarly, current software still needs people to develop and maintain it. Developers translate human needs into machine language and iterate products according to various needs. If AI, as a new quality of productivity, greatly reduces the cost of software development, it will lead to a huge explosion of software;
Have you ever thought that we don’t need to use software, but tools to help us achieve our intentions? Large software is decoupled/modularized into various microservices. Microservices go to places with high APY (sufficient incentives) just like liquidity. We have gradually felt that Crypto is developing in this direction. By then, the commission, advertising, and SaaS business models brought by software services will be abstracted into various token settlements/bribes.
So I wonder if Crypto is also like our more efficient factory design towards large-scale AI (a catalyst towards the electric age), and a more reasonable distribution mechanism design for silicon-based civilization. $BTC $ETH #币安用户数突破2亿
