Hyperstructures

But many of the web 3.0 advantages are hard to adopt as a large, existing, web 2.0 company. The big ideas: ownership, collaboration, and community are new foundational principles.

The distinction Wark makes of the vectoralist class vs. the capitalist is its power not to actually own anything but to simply extract enormous profit from various flows of value.

Once again, a creative community faces an unsure future because it doesn’t have any ownership or control over the infrastructure on which it depends.