Distributed Infrastructure: The Future of Income

AI is going to take all the jobs. The robots are coming.

These are subjects of great debate. Personally, I fall into the camp where I think these are valid outcomes. The pace of technological advancement, to me, means that most knowledge work will be done by computers. Robotics are bridging the gap between the digital and physical worlds.

What this means is that humans are simply too slow. Economic productivity will explode because people are removed from a large portion of the equation.

Of course, this does not bode well for a society that is based upon income capital. Here is where a transition is required.

Over the last year or so, we dove into this subject a great deal. This article will discuss another opportunity that the masses will involve themselves with.


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Distributed Infrastructure Income

We seem to love our acronyms. Here is another one for you: DePINs

This stands for Decentralized Physical Infrastructure Networks. It is all part of distributed computing and likely a major shift in income potential for the future.

In other words, our devices are going to be used to generate income streams. We already see in this to a degree with the ability to produce content. However, this is going to advance to another level once people understand they are going to contribute to the physical networks around them.

What are we looking at?

As a report by Messari suggests, DePIN could add $10 trillion to the global GDP (gross domestic product) in the next decade and $100 trillion the decade after.

Source

Consider those numbers. Decentralized infrastructure is going to add $10 trillion to global GDP, or about 10%, by the middle of the next decade. By the middle of the one after that (2045), this will be around the size of the economy today.

Let that sink in.

So why are people worried about how people will survive? What is with the questions about how people will get money to live on?

If this assessment is correct, it is very evident how this will operate.

Web 3.0 Everywhere

For those involved in Web 3.0, this is something that is becoming evident. The consistent push towards decentralization means that different protocols are being built that enhance the opportunity. Devices all over the world are being offered up by unrelated parties. Much of this is serving as the foundation for these networks that are forming.

When we look at a public blockchain network, we clearly see how things are evolving. Under this scenario, the infrastructure is not centralized. Many entities run nodes, providing a valuable service. It is not much different than the server set up of a major entity such as Meta. The difference is one company doesn't own the infrastructure.

This is a premise that will extend to every layer of the stack.

We are going to see storage, processing, data, and retrieval. This could also extend into other areas such as energy.

Naturally, not all of this is Web 3.0, at least as we see it now However, in the future, there a payment system is required. This can be done by centralized entities. The challenge there is how do you distribute things in a decentralized manner than have a centralized entity controlling the payments?

It is rather counterintuitive.

For this reason, it makes sense that cryptocurrency could be the process laid on top. This is a payment system that is inherent in the digital realm. As this expands, more people will find their devices monetized.

At the core of this is simply addressing some of the growing needs by optimizing the resources already out there. For example, many have unused storage space on their computers. This is something that can be allocated to others.

Blockchain At The Core

This means that blockchain is likely to be at the core of most of what we are doing in the future. As the digital world expands, this will be the network basis that emerges as dominant. There will still be other networks built for specific purposes but the infrastructure will be integrated with this.

Why is that likely the case?

If we look at the benefits of blockchains, these are some of the common attributes:

  • Higher level of security – no single point of failure
  • Transparency
  • ost efficiency
  • Scalability
  • Financial rewards for network contributors

Scalability and resiliency are two of the key factors. When becoming more dependent upon these networks, it is vital that they keep running. We also need to somehow meet the astronomical increase in digital demand we are facing.

This means that cryptocurrency is crucial to the next generation of the Internet. Web 3.0 is more than just green candles and Lambos. The entire industry has a black eye due to the fact that most cannot get passed this. It is also why the masses are overlooking the entire transformation that will take place.

Infrastructure Income

The future is one where people are receiving income for their contribution to infrastructure.

Let us look at a topic that I discussed elsewhere: inference.

This is crucial to AI. While LLMs are getting all the attention, the flipside is a massive amount of compute will be required to handle all the queries. Where is this going to come from?

For the moment, a company like Meta handles both. You log onto their website and use Llama3.1, their servers process it. Here the centralized aspect of things is evident.

What about in the future?

Consider this idea: when your computer is sitting idle, what if it was handling AI prompts? This means that, while you are sleeping, watching a game, or doing whatever, the computer is processing data and earning come crypto.

Now multiply this by all devices that have processing capabilities.

This is where Web 3.0 is going to affect the lives of every human on the planet. It is also something that is not discussed very much.


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Posted Using InLeo Alpha



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11 comments
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I need read this again later night, really interesting and Helpfull. !DOOK

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You always put together really great articles. I always learn something new after reading your posts. !DOOK

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Look at that shit @sgt-dan, you need more DOOK Tokens!
You need to Stake at least 2500 DOOK.
(We will not send this error message for 24 hours).
dook_logo
Learn all about this shit in the toilet paper! 💩

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This is deep and need to be digested not just read. Thanks for sharing.

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This is a comprehensive journal of what is coming upon us. Ready or not, the robots are here!

I only wish that we are not completely handicap to the changes.

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Firstly your closing remark is nice and intriguing, if that eventually happens don't you think the commonness of such method will affect the value of the crypto in question negatively ?.

As for the other matters discussed in this article I'm in full support that the job market is about to experience Apocalypse if am to use such a word and the only escape root visible is to already own relevant assets (assets that will still stand in the future) or start building your web 3.0 Account, because I really think in the upcoming future account growth wouldn't be easy anymore.

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Heard about DePIN some months ago and was curious for more info. It seems an industry worth attention. The issue I had is that DePIN will need more peripherals for participators to earn income. You know the mobile phone cannot account for expansive storage. How will this turn out in the near future?

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Monetize me baby! I am ready! If only I had a count of how many songs were uploaded off my hard drive during the Napster generation. Those were the days!

Hopefully, Splinterlands will have its validator node software up and running soon, so our game will finally be processed and validators on a decentralized network of node license holders (and game players). Very excited to see the potential of a decentralized Web3 game being hosted and validated by its own players!

Have you voted for the Splinterlands DHF proposal to help our Hive ecosystem grow?

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When your computer is sitting idle, what if it was backing up files on the SPK Network and storing your peers content and earning you rewards passively

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This is an interesting idea. But I guess a big concern of people for this solution is how will they be able to get the infrastructure needed to contribute. For those already struggling now, they will probably have a cheap phone, and a weak computer/laptop. Will that be enough to replace their income and sustain them for their day to day needs? As crypto miners now, their rigs aren't forever, it breaks down or they need to upgrade them. Will the earnings be enough to not only help them survive, but to get a replacement/upgrade?

Then there is the rich gets richer, and contribution value. If the rewards/payment are based on contribution, then regular people will have a hard time keeping up, and will quickly get outpaced.

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