>That seems like an insanely good opportunity for people with actual ~actuarial~ expertise to profit off any retail investors/gamblers in the market btw.
The AWSification of small business is going to have interesting results down the road. I couldn't imagine the hair pulling that Etsy sellers and Youtube creators must go through day-to-day. Having a monolith hand that feeds you, doesn't even perceive you, and couldn't care a bit about you dictate your financial present and future sounds unnerving.
Is there really any good reason that this service is subscription-based? A payment model that is per-export would be far easier to swallow. I'm sure that the founders expect most people to drop the subscription after the first month, but come on.
We can hope that they'll be getting rid of the PWA mess that they've had going for the last few years. Realistically speaking however, the bugs will probably just be swapped for new bugs.
^ Very eye-opening look at the true playbook behind the crypto space. It's very much run by CBOE-derived quant firms running the economy like a casino.
>>how much Fox News and really all media affects people.
The suburban American anxiety of the unknown is a very curious phenomenon. Having recently moved into such an area, it's easier to see how it manifested itself.
Can I make my mortgage? Is my husband/wife cheating? Are my kids getting good grades? Are my kids doing drugs?? Am I going to default on this F-150/C-class I bought on a whim? The life of a cookie-cutter suburbia parent is nerve-wracking because the prospect of everything falling apart is always at the back of their minds. The latest nightly news superpredator or weed scare is the egg rather than the chicken. They know how to grab their audience's attention.
Even as someone who profited well from Uniswap's initial token offering I still have to say that "swapping tokens" is an entirely useless functionality. Gambling, trading, scamming, and laundering are the only realized uses of crypto I have seen since I became involved with the ecosystem a decade ago. The fatal flaw of the decentralization argument is that humans are involved. People want to be able to negotiate chargebacks, even if it is a hassle. People are willing to surrender anonymity in exchange for forms of credit. All organizations require trusted parties. DAOs in a real world would still require forms of centralized trust to perform (AWS, Cloudflare, ...) and little stops one member from going rogue, stealing IP, and starting his own (legally recognized) business. This is before you even start opening an Econ 101 textbook to page 1.
I'd give it maximum 3 years until this is a reality. The way this shift works in effect is that all the higher end appliances stocked by retailers are quickly swapped for IoT ones. When a consumer goes microwave shopping the only choices they are given are super budget crap or "premium" WiFi connected offerings. These transitions are very well coordinated between Big-Box retailers and manufacturers.