Read Write Own - Book Summary (2024)
Chris Dixon
Read Write Own discusses a new age of the Internet - the 'read-write-own era', where anyone can become a network stakeholder having power and economic upside which were only enjoyed by stockholders previously. It introduces 'crypto' or 'web3' as a synonym for this movement, and suggests its impact on the digital landscape.
Key Ideas
01
In the 20th century, one groundbreaking invention changed the world; the internet. Similar to other technological revolutions, this new realm felt like stepping onto a new planet. An unimaginably vast, vivid, and uncharted universe that anyone could venture into. Even better, it was open and free to everyone, more than just exploring, you could create and own something unique on there.
Just like an exciting gold rush, the 1990s and early 2000s boom happened. It was the golden age of internet innovations. However, abruptly from the mid-2000s, it was as if a few big, powerful landlords seized the open landscape. Gone was the equality of ownership and fruition. Instead, a bunch of tech behemoths began dominating territories like search, social media, e-commerce and apps. They've set up comprehensive surveillance systems that track every move individuals make and monetize their data. To navigate this domain, users had to sign convoluted agreements and accept whatever game rules these giants set.
These dominant forces not only used everyone's data to their advantage but also controlled what information was served or suppressed. This selective information exposure happens through algorithm manipulations and deplatforming tactics. The resultant uneven playing field is inhibiting innovation, imposing exorbitant costs on creativity, and consolidating power and wealth. While regulations might seem like a solution, hastily placed controls could actually magnify their power, suffocating smaller competitors.
A new profound solution on the horizon seems to be the construction of modern, user-empowering networks. Blockchain technology embodies this potential paradigm shift. Designed with principles of open access, low fees, and user governance, they embody the early spirit of the internet. They are built to compete with corporate networks, offering the freedom of the very first internet platforms fused with the ability to match corporate networks. To reinvoke the robust early internet spirit, willing participation in building this promising future is required.
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Final Summary: "Read Write Own: Building the Next Era of the Internet" by Chris Dixon is a visionary exploration of the evolution of the internet and a compelling prediction of its future. Dixon lays out three eras of the internet: the "Read" era of passive consumption, the "Write" era of active creation, and the currently emerging "Own" era of widespread proprietorship supported by blockchain technology. Dixon outlines crucial concepts around the transformation of the internet into a two-way system and particularly emphasizes how blockchain technologies promise more democratized and equitable online experiences.
10 Specific Actions:
Embrace continuous education about the internet and understand its evolution from a tool of passive consumption to an active communication channel.
Understand the principles of blockchain and educate yourself about its possibilities and advantages.
Consider participating in blockchain networks or platforms like cryptocurrencies to gain first-hand experience.
Adapt to the "Own" era mindset by seeking opportunities to creatively contribute to and shape the internet, not just consume its content.
Advocate for a more fair, open, and decentralized internet structure that empowers all users.
Keep abreast of emerging network designs that focus on user needs and community-centered evolution.
Discern between open protocol networks and corporate networks, and consider the advantages and disadvantages of both.
Understand that new technologies initially dismissed as "toys" can end up overtaking incumbents, referring to Christensen’s theory. Have an open mind towards new, emerging technologies.
Be aware of the growth pattern of disruptive technologies, understanding they often start by serving a niche market before eventually dominating the industry.
Be active in raising awareness about the implications of the "Own" era, especially regarding digital ownership and control, potentially becoming an influencer or leader in these emerging internet conversations.
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