The Next Opportunity: Providing Infrastructure To Digital Networks
What is the next opportunity for people?
We could see the infrastructure being an area where people can take advantage. The value of cloud is beyond dispute.
In this video I discuss how we might see decentralized systems starting to grow as we move towards the Metaverse. This could be a multi-decade pursuit but that is going to require massive computing at the edge. In the meantime, other forms of infrastructure requirements will pop up.
▶️ 3Speak
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Summary:
In this video, Task delves into the topic of infrastructure, specifically focusing on the potential for earnings through infrastructure, particularly micro earning. He highlights how digital infrastructure has become more cost-effective over time while also increasing in capability. Task emphasizes the growing value of data compared to the declining cost of devices to host it, using examples like AWS, Google, and Microsoft's cloud services. He discusses the need for increased computing power, storage, and processing capabilities, especially as technologies like edge computing and the metaverse evolve. Task speculates on the role of decentralized infrastructure providers and the possibility of cryptocurrency being used to pay for compute resources in the future.
Detailed Article:
Taskmaster 4450, in this video, explores the concept of infrastructure and the potential for earning opportunities within the infrastructure space, including micro earning arrangements. He kicks off by underscoring the trend where digital infrastructure has become more affordable with enhanced capabilities over time. Task highlights the escalating value of data juxtaposed with the diminishing costs of the hardware required to store and process it, offering renowned cloud services like AWS, Google, and Microsoft as prime examples of lucrative infrastructure businesses leveraging this phenomena.
The discussion delves into the necessity for increased compute power, storage capacity, and processing capabilities in line with the rising demand from evolving technologies like edge computing. Task asserts a correlation between the arrival of the metaverse and the prerequisite for robust edge computing capabilities, hinting that a system of payment based on compute, process, and possibly storage usage will be necessary, potentially involving cryptocurrencies.
Taskmaster elaborates on the gradual but imperative shift towards decentralized infrastructure providers, countering the dominance of centralized entities like Amazon, Google, and Microsoft in the cloud services domain. He speculates on the potential paradigm shift towards individual node operations, symbolizing a broader decentralization trend in infrastructure provision.
Drawing from past successes like the protein folding project, Task emphasizes the importance of test cases in showcasing the possibilities within the infrastructure landscape. The video concludes with Task wishing viewers a great day and hinting at forthcoming insightful discussions in future videos.
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.