Web3 Won’t Fix Social. How About Web4?

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Web3 Won’t Fix Social. How About Web4?
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Web3 and blockchain won’t fix the problems that ail social media, says internet OG and Tim Berners-Lee confidant Mark Weinstein. But ...

Author Mark Weinstein with his new book, Restoring Our Sanity Online.Web3 and blockchain won’t fix the problems that ail social media, says internet OG and Tim Berners-Lee confidant Mark Weinstein. But some of the principles embodied in web3 could help break through the monopolies that today control, he says, big tech and big social. And restore the kind of digital social discourse that builds up nations rather than tears them down.

Usually when we talk about the challenges of social media, we segment based on unique challenges for each network, like mental health for Instagram, disinformation on X, performative hustling on LinkedIn, or privacy and international political challenges on TikTok.But Weinstein lumps them all together: all tech created and controlled by big tech.

The Microsoft antitrust case took years to resolve, and most of the issues that were huge and important early on in the case faded in importance later on, as tech evolved and the business world in some ways resolved some of the monopolistic challenges that Microsoft represented. Something similar could occur here, with big tech having deep pockets to appeal decisions they disagree with and tying up action for years if not decades.

Data portability do you can opt out of a social network at any time and not lose your contributions or your communityPay it forward principles that ensure social companies don’t become monopolies

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