Words With Web 3’s King: An Interview With Chris Dixon – by Sotonye – Time Well Spent:
We are very early in the development of the internet. Historically, with really major tech breakthroughs, in the first few decades you get first-order effects. The first order effect of the automobile was getting you from one place to another faster. But the really profound things happened in the next phase from second-order effects: suburbs, commuting, highways, trucking, fast food and big box retail, eventually e-commerce, ride sharing, and so on. We are just now entering the second order effects phase of the internet, and it will take many decades to play out.