AIGames -sdgoal 1 who's done most to end poverty with finance? - eg financial literacy finance most populous bank designed by pro-poor foundation partners ...; tech is best chance to end poverty but where's AI Banking and eg green finance

Thursday, June 30, 2022

who did waht first with web3 web2 web1 tv age pre-tv pre-electricity

 rougly speaking web3 began after covid in 2022-some say web3 starts fully when people put virtual reality sets on instead of web 2 accessing world through mobile smart device; web 1 access worldwid through personal computer

web1 personal comourer newtorking began eg in usa massively in 1990 with berners lee worldwide web though already with email access america on lines 

its arguable that the majority of the world leaped into web 2 with mobile smart devices witjout exoereincing web1  for example the largest populatiin in the world chuna never really had fixed line telephones as a massive tool - they leap staright to mobile; and indeed we chat (not email) was how most chinese webbed

however there are somewhat hidden difernces - if web 1 worlsd was accessed mainly by sitting with a personal compuyter- ofetn that gps location was not recorded of not much interest - but with mobile gs=psd was part of the fdata big platforms collected

all of web 3 2 1 and mass tv and before that explain how industru=y sectirs eveolved - and did they get better for every human being or did the big get bigger making more money for ever fewer people

looking at finace is an interesting case- and we are oversimplifying - but letsd say americans got the first chnace to nationwide advance finace and tech- what they chose to do during the tv age was automatic cash dispensers and credit cards- whilst conveneint thesde ended communityt banking in a race to be the chnain with the most atms or the most credit cards; this saved the bank as advised=r on saving to a making money from putting most people in debt with credit cards- in other worders fintech usa even in the televison age:

put most people in more debt while credit cards offered pinoints advantafes to the richest

took up to 6% of comerce transcations throuigh charges to both customers and trade- when webs came along there is little evidence of the big fiancail players in us passing on value to majority of americans even though digital ended paper record keeping and ulytinately if a world goes all cashless the marginal tracsction cost of reocrd keeping woukd in throry make it possiblke to bank for people whose trasnactiosn are so smal that previously banks did not serve them

perhaps we exagerate but interesting to see what happened ece=ven in web 1.5 world of the first mobbile phones that also shared text- now text could start cashless systems like kenya's mpesa - in oartoicular wjen a young kenyan remiited earning is nairobi to poorest rural family mpesa now offered an economical way of transfering money where previously he world have had to find a trusted transporterd (eg a friend who was bussing back to same vilage region)

so its not obvious that the most advanced peoples will use each leap in tech to benefot all theoir peopels starting with communities which face the most sustainable risdks; equally if we look around the wprld we can see extyraordinary examples; i visited bangladesh 16 times - there much of the nation was built by poorest vilage motehrs; there each leap frowrd in finamnce and tech was designed to include benefits for the very poorest or the elast connected to hekath care or the oethers most divided from what the un calls sdgs

-all of this is worth discussing as post covid we also design web 3 - metaverse potentially DAOs and NFTs or all sors of other ways of connecting see the forst year round comoetition

or se 9 ways to help everyone leap forward in adcnacing sdgs being celebrated by the Un