From Techno Feudalism to Crypto Enlightenment

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.

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