Good post ! Web 2 created a situation where small businesses were crushed by monolithic corporations. I may have a small business, but it's like working for a corporation without any of the safety nets of PAYE employment. If I don't obey policies created by Google, Amazon, Microsoft, Facebook etc entirely for their benefit, my business becomes invisible to the world.

There's a bit of a race between Web 3 and AI to determine the impact of each. AI under the control of corporations is terrifying (Google have used it to push natural SEO out of existence). But AI used by independent, decentralised Web3 businesses could be amazing.

A lot of jobs will be destroyed by AI (from memory I think it was IBM who reckoned 2 billion jobs would be gone by the end of 2026), but we'll still need plumbers, electricians, farmers and any other trade that can't be done at a desk. Hopefully Web 3 will allow those jobs to be done by independent small businesses not minimum wage corporate slaves. But it'll require a few governments to be overthrown first.....