#9: The Economics the New Internet

As AI, Nuclear and Space Industries create abundance of labor, energy and resources, the scarcest resource now is the ability to create new knowledge.

The new internet allows a new era of entrepreneurship which we call cultural capitalism in which content creators and curators make content, communities and products based on unique cultures

The economy of the new internet is based on the fundamentally scarce resource of attention

The new internet needs to provide new primitives for truth-seeking so that individuals and communities can contribute to finding truth for themselves.

To bring the power of blockchains to mainstream internet applications which are data-heavy, we need to shift from the current paradigm of general-purpose blockchains to application-specific…