Learning crypto and the decentralized ledger known as #blockchain.... Tinkering with Artificial Intelligence. Posts not financial advice. #web3 word of the day.
Have thought about this as well.
Oil created more jobs, cars created more jobs, manufacturing created more jobs, computers created more jobs, the internet created more jobs, the smartphone created more jobs…. AI will probably do the same thing.
“If AI can make employees more productive, which is widely accepted as fact, then companies are going to want as many productive units of labor as possible. This is a key reason why I am changing my mind.”
This is why jevons paradox is really important to understand with AI right now.
And counterintuitively, this trend is going to increase as AI gets better. The better AI gets at performing tasks, the more companies can take on those tasks, which leads to hiring more people to do the surrounding work of those tasks.
Think about the small business that can’t afford to build complex software. When AI is only a little good nothing changes for them. When it’s really good they can finally hire engineers that have the impact of 5-10X, so they can finally invest in engineering.
The sales team that can automate customer intelligence and outbound demand gen will hire more sales people because they have more leads to go after. The marketing team that can now do higher-end video production than before will hire a video editor. And so on.
This is going to happen in more and more surprisingly ways.
#ETH is changing. Sounds like the L2 plan might be pivoting to keep more transactions on the actual ethereum blockchain. Will be interesting to see how this transpires….
4/5: The Big Picture for Web3/AI Fans
- These aren't just bets; they're hedging tools for DeFi risks & AI predictions (e.g., next big model release odds?).
- Emerging rivals like Opinion are eating share with $100M raise, but Poly & Kalshi dominate.
🧵 1/5: Prediction Markets in 2026: Polymarket vs Kalshi – Who's Winning the Race?
As a crypto tinkerer diving into web3 trends, I've been obsessed with how prediction markets are evolving. Polymarket (on-chain powerhouse) and Kalshi (regulated beast) are crushing it this year, with combined weekly volumes hitting $5.9B – mostly from sports and politics bets
3/5: Kalshi's Strength: Regulation & Mainstream Appeal
- CFTC-approved, it's pulling in normies with $11B valuation & media integrations (CNN now shows their odds!)
2/5: Polymarket's Edge: Decentralized & Crypto-Native
- Built on Polygon/Eth, it's all about on-chain transparency & global access.
- Recent raise values it at $9B, with plans to reclaim the US market (45% chance of surpassing Kalshi's volume by June, per traders).
#web3 word of the day - Suit Coiners
A slang for those in traditional finance, Wall Street Executives, institutional investors who are entering the crypto space.
Aka suitcoiners
Web3 word of the day - x402
A way for the internet to charge and pay automatically using crypto instead of credit cards. Websites, apps, or even AI bots can request payment instantly and you only pay for what you use — like paying by the sip instead of buying the whole drink.
No accounts, no checkout page, no monthly subscription — just quick, automatic, little crypto payments in the background.
The way the internet would have been built if internet advertising hasn’t taken off.
🔹 Example 1 — News Websites
Instead of paying $10/month, you pay 10¢ to read one article, instantly.
You get what you want, and the site still gets paid fairly.
🔹 Example 2 — Streaming Movies
You don’t buy Netflix for the whole month.
You pay 5 minutes at a time — only for what you watch.
🔹 Example 3 — AI and Agents
Your AI assistant needs weather data or sports stats?
It sends a tiny bit of crypto (like a penny) to access it automatically, with no human involved.
🔹 Example 4 — Airport Wi-Fi
You just need 20 minutes before boarding.
Instead of buying a full day pass, you pay 25¢ for 20 minutes of Wi-Fi, and it unlocks instantly.
Feel free to ask questions or let me know what you think. Some say this will eventually be the common way humans and AI use the internet and pay for usage.
#x402
@tferriss If privacy technology can meet government regulatory requirements while allowing companies and individuals the privacy they need, then this will revolutionize how organizations due busoness.
The Ethereum whitepaper was published 12 years ago today.
Ethereum changed the course of crypto by giving builders greater tools - including a Turing complete language!
Shoutout to @VitalikButerin, the Ethereum co-founders, and the entire Ethereum community. So many of the products responsible for where our industry is today wouldn’t have happened without your vision.