The Atlantic

The Battle for the Soul of the Web

Long before the NFT boom or the Web3 backlash, an unglamorous movement was under way. Where does it stand now?
Source: Erik Carter / The Atlantic

Recently, at a fancy arts complex in Manhattan, the billionaire Frank McCourt led a three-day series of talks and workshops about the future of the internet—part of his expensive effort to “fix technology, save democracy.”

In the lobby, attendees networked in a cocktail bar created by the superstar restaurateur Danny Meyer; in front of the main stage, they held up blue and orange glow sticks to record their votes in polls like “Which will kill us first?” (AI or climate change) and “Who would you rather take care of your children?” (a surveillance robot or TikTok stars). The agenda for this conference, Unfinished Live, was almost random in its diversity: Attendees could learn about how Indigenous communities were using decentralized technology to create their own maps, and they could also learn about importing products into the metaverse, starting with a sweater that has a microchip in it. (This allows the sweater to “accrue value based on who owned it last.”) The Facebook whistleblower Frances Haugen invoked several times the necessity of a Mothers Against Drunk Driving for social media. Nadya Tolokonnikova, a founding member of Pussy Riot, vaped onstage and responded coolly to questions about how blockchain tech is used to fund the defense in Ukraine. “There’s nothing particularly magic about cryptocurrency,” she said. “It’s a tool, like a road or a gun.”

The disparate threads could all be tied to the same point of origin: It feels like things have gone wrong is being tugged around in a strange culture war; and where the rich get richer.  

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