Is Web 3 Still the Thing in 2023 after AI Dominance?

The Rise of Web 3 and AI

In 2017, the term "Web 3" was coined to describe the next iteration of the internet. It was envisioned as a decentralized, open web that puts users in control of their data and online identity. Fast forward to 2023, and the concept of Web 3 is still relevant, but it has been overshadowed by the rise of artificial intelligence (AI).

AI has been transforming industries and changing the way we interact with technology. From chatbots to self-driving cars, AI is becoming ubiquitous in our lives. The dominance of AI has prompted some to wonder if Web 3 is still relevant in this new technological landscape.

Real Life Examples

Despite the rise of AI, there are still plenty of examples of companies and technologies that embrace Web 3 principles. One such company is Brave, a privacy-focused web browser that removes ads and trackers. Another example is Ethereum, a blockchain platform that enables decentralized applications (dApps) to run on its network.

There are also companies that are combining AI and Web 3 technologies to create new innovations. One such company is Fetch.ai, which is creating a decentralized marketplace for AI and machine learning algorithms. By leveraging Web 3 principles, Fetch.ai is able to provide a more secure and transparent marketplace for developers and buyers.

The Main Companies in the Article

• Brave
• Ethereum
• Fetch.ai

Conclusion

1. Web 3 is still relevant in 2023, but it is no longer the dominant technology.
2. Companies that embrace Web 3 principles are still creating innovative technologies.
3. The combination of AI and Web 3 will likely lead to new innovations in the future.