As of now the transition towards web 3 has already been started but this is in the early phase where it might not be visible much. I believe people will observe a significant shift in next few years once things are grown up and more people are aware of web 3 and how it is going to change the way we use internet and social media.
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Web3 is already making waves at infancy, I think with better publicity and engagement people will definitely come to be aware of the possibilities present here and the growth will be massive.
Yes, the transition is already happening but not on scale and this is why most of the people are not aware. This can improve with better publicity and this is expected to happen in next few years. It's big change so obviously it can take some time to have significant user base.
I guess you're right, alot of infrastructure has to be put in place first of all.
Still a lot of challenges. People want to put the cart before the horse. We need ease of use, infrastructure, and a ton more applications before we can even imagine appealing to the masses.
So far, Web3 have very little to sell people.
I believe that improvements are happening so quickly and although it may not be all ready as if now, in the near future we will experience a huge influx of people into web3 and massive migration from web2 to web3
With technology, the tendency is to overestimate the impact in the short term and underestimate it in the long term.
That is the case with Web3. It is going to be years for the masses. We have a lot left to do.
I do agree Web 2.0 is done. It will simply take a while.
It is miniscule so very difficult for most to see. This is going to take some time to build just like the Internet. We need a lot more infrastructure and a ton more applications.
The rest of the decade requires a massive buildout.