Sustainability And Web3

in LeoFinance10 months ago

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This is something you would think is common among different Web3 projects. Unfortunately, it appears to me that teams would rather monkey with the tokenomics rather than build.

In this video I discuss the idea of sustainability and how essential business building practices are required. The best tokenomics will not overcome a lack of vision, product, growth, or services.


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I wouldn’t buy an EV right now. Their batteries still suck in brutal cold; not much of an issue in most of the country, but very much of an issue in Minnesota at -15°F.

But in a few years with next generation batteries, take my money.

Anything getting into the negatives is going to be an issue. Diesel doesnt like the cold either.

We will see how much advancement they have going forward. A lot of money going into battery research.

you always come up with incredible stuffs,

Unfortunately, it appears to me that teams would rather monkey with the tokenomics rather than build.

Yup!

The best tokenomics will not overcome a lack of vision, product, growth, or services.

I wish this would penetrate into folks minds!

I think people in power are almost always late to realizing new technology. A lot of laws are still from the pre-internet days, and it is baffling how they will adapt once Web3 comes through their door. I guess it is also due to them wanting to retain the status quo. Change is disruptive, and the longer they can make things stay the same, the longer they feel they are relevant.

That goes without saying.

We also have a lot of protectionism taking place, something that is hard in a global economy.

We are going to see technology make a lot of things obsolete...including many (if not most) jobs in my opinion.

The knowledge you are sharing is great! But why folks have it had to embrace new technological advancement like Web3 amazed me.

I believe that Web3 will be sustained. People should be enlightened to accept the decentralized network. I'm glad you shared this.

I have no doubt that hive has a potential of sustainability. Everybody should embrace the Web3 innovations. The future shall be great.

Summary:
Task delved into the topic of technological advancements and refuted accusations against Tesla and EVs, citing Gary Black's opinions as an example of misconceptions. He highlighted the evolution of discussions around Tesla's energy division, the growth of charging stations, battery technology advancements, and the future potential of robots in various industries. Task emphasized the need to understand technological progress and the importance of keeping up with advancements in the field.

Detailed Analysis:
Task started by pointing out how societal opinions can be swayed by individuals professing knowledge but lacking a deep understanding of technological advancements. He used Gary Black as an example, mentioning how Black's awareness of Tesla's energy division came late compared to retail investors. Task underscored the progress in charging station infrastructure, noting Tesla's 10% increase in chargers and the potential for businesses like hotels and retailers to provide charging facilities.

Furthermore, Task discussed the continuous improvement in battery technology, mentioning the reduction in cobalt usage and the advancements in lithium reduction. He highlighted Panasonic's technology enhancing battery density, weight reduction, and increased range as examples of ongoing innovations in the field.

Task contrasted historical opinions on technological feasibility, like the skepticism towards smartphones in 1988 compared to their widespread use by 2008. He stressed the need to anticipate future technological shifts and adapt to changing reference points in evaluating market trends and company performance, drawing comparisons to the unsuccessful merger of Kmart and Sears.

The discussion then shifted to the rise of robots in industries and the importance of understanding technological progress beyond mere bits and bytes. Task highlighted the necessity of studying the hype cycle, recognizing ups and downs, and staying informed to decipher technological advancements effectively.

In wrapping up, Task encouraged viewers to deepen their understanding of technological progress and its impact on various sectors. He concluded by underscoring the importance of following and studying technological advancements to stay abreast of the evolving landscape.


Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.