#open-protocols

#open-protocols

I agree with Berners-Lee's diagnosis. But regulation is not the cure. The web's decline is not merely a design failure; it is also an economic one. Design choices follow incentives, and those incentives have been distorted by fiat money and the advertising model it props up. Cheap credit from the fiat-fuelled venture capital system pushed Silicon Valley away from hacker-led engineering and toward surveillance-driven profit extraction.