The Future of Tech and Social Media

The Future of Tech and Social Media

– Wondering what the
future of social media is? Today, you’re gonna find out the unexpected crazy
future of social media. Check it out. (gentle music) Today, I’m excited to
be joined by Joel Comm who is the host of The Bad Crypto Podcast and is a futurist. What do you want to say
to people who are scared of the future of technology? – Don’t be scared of technology. It’s gotten us this far. But, here’s the thing we know, that technology changes, disruption is always on its way. The moment that we get comfortable and think, oh this is always
the way things are gonna be, that is the moment that
you need to start going, oh, I could be wrong and I need to be prepared
for what’s coming next. – [Michael] Right now,
everybody thinks Facebook is the undisputed champion of the world and it’ll be that way forever, what do you see on the horizon? – It won’t always be that way forever. Facebook has all kinds
of problems right now, starting with the very
top, with Mark Zuckerburg, basically being the driving
force and having all the say, we’ve hot Cambridge Analytica,
we’ve got privacy issues, all kinds of crazy stuff, so that means the market
is prime for disruption, for somebody to come along, that captures a heart, soul, and mind, of the people that go,
we’re moving over here. Remember Myspace? We’re old enough to, and we
thought that that was it. Facebook has had a longer reign and I think that they
still have it in them, but the growth has ceased and that should tell them something and that should tell the
rest of us something. Blockchain is not only
gonna disrupt social media, it’s gonna disrupt just
about every vertical, so whatever it is that
people are involved in, they need to be learning about blockchain, ’cause what we’re talking about here is a more efficient,
effective, faster database, a better way to handle data and we’re talking about decentralization. Right now, one of the biggest problems with Facebook, YouTube, Twitter, Google, is that they are so centralized. The power for these Megillah reside with a very small number of people who are making the rules and you don’t have to go very far to ask YouTube content creators the struggles that they might have trying to reach a real human being at YouTube and people loose their accounts. It’s something where
you feel very powerless. But blockchain provides
new decentralized options. We’re already seeing YouTube alternatives. In fact PewDiePie signed a contract with one service called dlive, it stands for decentralized He is now streaming on dlive and has brought over over
a half a million people to watch him stream there already and has earned 10s of
thousands of dollars. We’ve also seen
decentralized crypto based, blockchain based versions of Instagram. There’s one called Karma. Something like TripAdvisor
and Yelp that’s called Bravo. Or instead of just posting your content and only TripAdvisor benefiting from it, you get paid to do your reviews and on the value that you
bring to those reviews. Somebody is going to disrupt
this space in a big way and it’s gonna seem like
it’s happened overnight, but it’s not. This is years in the making. – Talk about alternatives to YouTube when it comes to the
blockchain technology. – There’s a number of them,
one of ’em is called and you can put up videos just like you would on YouTube. A lot of the tools are very similar only you don’t have the
obtrusive advertising, you don’t have the censorship, you don’t have essential
body that can demonetize you, you earn based on the
value of your content and how many people watch it,
and like it, and up vote it. Pure and simple, democratized
content creation. – So, what do you want to say
to marketers who are like, blockchain, what, I don’t get this stuff? – Ultimately, blockchain
provides better solutions that are more about you
as the content creator and the customer as the consumer. Google, Facebook, Twitter, they’re like, they don’t care about us. We are the product, we’re
not paying for their service, therefore we are the product, we are being bought and
sold to the highest bidder and people are starting
to see through that and saying, hey wait a
second, you don’t own me, what right do you have to sell my data, oh I gave you permission, ’cause somewhere hidden
in those terms of service. You can only hide that for so long and now the truth is coming out. People are unhappy with it and we want to be valued as
content creators and consumers, and blockchain provides that. Eventually we’re gonna see more of a flow of people to these solutions and naturally, marketers
are gonna wanna be there. Both content creators and marketers lives are gonna be disrupted in the same way that Netflix disrupted Blockbuster. – If you want to learn more
about all this crazy world, subscribe to Joel’s channel, right here and we’ve also got an
awesome video, right here, by Bryan Kramer on
artificial intelligence. Be sure to watch it, right now.


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