a16z crypto show Money, power, politics, and the internet's next battleground
41 snips
Mar 2, 2024 
Discussions on Internet's corporate takeover, blockchains inheriting open source ethos, AI's role, next global political battleground. Exploring economic moats, network effects, AI communism, and the importance of DAOs in reshaping business.
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Investors Stop Funding Platform-Dependent Apps
- Ben and Marc stopped funding apps built solely on platforms after platform risk became obvious.
- Examples like Zynga showed how building on another network can suddenly collapse.
Infrastructure Enables New App Categories
- Blockchain infrastructure improvements unlock concentric circles of applications as costs fall.
- Lower per-transaction costs expand use cases from finance to social and gaming.
City Metaphor For Open Internet
- Cities succeed because they enable decentralized creativity via shared public infrastructure.
- The early open web acted like city streets enabling entrepreneurship at the edges.