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RE: The Third Industrial Revolution: A Radical New Sharing Economy

in #environment7 years ago

Definitely, we need a new way of doing things. Continual economic growth is not a sustainable future. However, I am a little pessimistic, I think we will colonise other planets before we change our economy (barring some huge technological innovation).

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we're at a point of open sourcing....from closed market monoplies to open source networking internet protocols...we're in the internet of things...and it's really just a matter of optimizing efficiency...we optimize efficiency by insuring we have very good distribution....what that means is that we have good decentralized exchanges in compliment to centralized networks...it's harmonizing the best of both worlds.

might have over simplified a little bit....but essentially its all about smart contracts....from energy to transport to communication...networking all the layers together as a platform as the internet of things here.

Recognizing that it's not about just having mega corps....but it's about distribution...and it's easier to have wide spread distribution in many instances...with many micro scaled networks...kind of meshed together.

all about aggregate efficiency...and thus effectively distributing....hence the third industrial revolution is called the "sharing economy"...digital age of "smart contracts"...smart everything...no more dumbass ways of business. We creatively collaborate in a combination of ways which includes....public/private/social...trifecta of interoperability.

Thanks for your comment - enjoyed going into things a bit here - definitely inspired to dig deeper into writing and research reporting these topics.

Exciting times.

Steem On!

Yes, I think that there is a lot of potential gains to be found in increasing efficiency. We waste a great deal of resources for no gain. Crypto and the way it can potentially aid the development of technology that will need trustless and decentralised computing/verification/identification will be a central part (I hope) of this revolution.

Like you said, a mix of centralisation and decentralisation is ideal. Effective decentralisation is really in it's infancy at the moment. Interesting times ahead!