We're surrounded by smart devices, but how smart are they really? Siri and Alexa sometimes answer the wrong question. Embarrassing autocorrect mistakes happen. Many a robot floor cleaner has bashed repeatedly into the same wall.
Mistakes are usually harmless, but as autonomous technology spreads, the consequences grow serious. In recent years, 12 Teslas on autopilot have crashed into emergency vehicles with blinking lights. Something about the lights drew the vehicles in. The drivers, whose quick reactions are what Tesla's neural network relies on, weren't in a position to change direction.
There's a point of caution to be made here: Don't completely trust your "smart" devices. They are, after all, still being developed. This brings me to a second—and bigger—point. The delays and dangers will increase until smart devices interoperate on a data network. The most clever and useful innovations will only work if machines can communicate without human intervention. That, in turn, will only happen on a common data network.
Disconnected Pieces
Think of something most of us take for granted: HTTP. Web 2.0 uses HTTP to exchange data, which is why we're able to navigate online at all. Moreover, the HTTP we use today is not the same HTTP that Tim Berners-Lee proposed during the invention of the web in 1989. It evolved over time.
Similarly, there are three ingredients for a Web3 data network: self-verifying data, zero integration and data policy. The technology for each one exists. Web3 is so early in its evolution that all three are not being used together.
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2022/06/30/the-three-requirements-of-a-web3-data-network/?sh=2fe647ae6f00
Mistakes are usually harmless, but as autonomous technology spreads, the consequences grow serious. In recent years, 12 Teslas on autopilot have crashed into emergency vehicles with blinking lights. Something about the lights drew the vehicles in. The drivers, whose quick reactions are what Tesla's neural network relies on, weren't in a position to change direction.
There's a point of caution to be made here: Don't completely trust your "smart" devices. They are, after all, still being developed. This brings me to a second—and bigger—point. The delays and dangers will increase until smart devices interoperate on a data network. The most clever and useful innovations will only work if machines can communicate without human intervention. That, in turn, will only happen on a common data network.
Disconnected Pieces
Think of something most of us take for granted: HTTP. Web 2.0 uses HTTP to exchange data, which is why we're able to navigate online at all. Moreover, the HTTP we use today is not the same HTTP that Tim Berners-Lee proposed during the invention of the web in 1989. It evolved over time.
Similarly, there are three ingredients for a Web3 data network: self-verifying data, zero integration and data policy. The technology for each one exists. Web3 is so early in its evolution that all three are not being used together.
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2022/06/30/the-three-requirements-of-a-web3-data-network/?sh=2fe647ae6f00
