Deploying a hybrid approach to Web3 in the AI era

MIT Technology Review 

Against a backdrop of insatiable demand for compute, Web3 principles and technologies offer enterprises transparent, flexible, and cost-effective resource. When the concept of "Web 3.0" first emerged about a decade ago the idea was clear: Create a more user-controlled internet that lets you do everything you can now, except without servers or intermediaries to manage the flow of information. Where Web2, which emerged in the early 2000s, relies on centralized systems to store data and supply compute, all owned--and monetized by--a handful of global conglomerates, Web3 turns that structure on its head. Instead, data and compute are decentralized through technologies like blockchain and peer-to-peer networks. What was once a futuristic concept is quickly becoming a more concrete reality, even at a time when Web2 still dominates. Six out of ten Fortune 500 companies are exploring blockchain-based solutions, most taking a hybrid approach that combines traditional Web2 business models and infrastructure with the decentralized technologies and principles of Web3.