In my [articles](https://inleo.io/@leoglossary/leoglossary-article), I often try to distinguish between Web3 and [Web 3.0](https://inleo.io/@leoglossary/leoglossary-web-3-0).  While I most [default](https://inleo.io/@leoglossary/leoglossary-default) to Web 3.0, it is important to understand the distinction.  At the same [time](https://inleo.io/@leoglossary/leoglossary-time), it helps to clarify the framework of where things might be heading.


Web3 was coined by Gavin Wood, one of the co-founders of [Ethereum](https://inleo.io/@leoglossary/leoglossary-ethereum-blockchain).  This basically means we are dealing with [blockchain](https://inleo.io/@leoglossary/blockchain) and [cryptocurrency](https://inleo.io/@leoglossary/cryptocurrency).  Simply consider the Ethereum network along with what that entails, including [smart contracts](https://inleo.io/@leoglossary/leoglossary-smart-contract).


To contrast, Web 3.0 is much larger.   This does include Web3, so that is why there is some interchangeability between the terms in my opinion.


However, it doesn's stop there.  Web 3.0 also can include:


- [robotics](https://inleo.io/@leoglossary/leoglosary-robotics-robots)
- [AI](https://inleo.io/@leoglossary/leoglossary-artificial-intelligence)
- bio-tech
- nanotechnology
- [quantum computing](https://inleo.io/@leoglossary/leoglossary-quantum-computing)
- renewable [energy](https://inleo.io/@leoglossary/leoglossary-energy-industry)
- mixed reality


As we can see, a host of [technologies](https://inleo.io/@leoglossary/leoglossary-technology) are converging.  It is also evident that we do not have an exact picture since many of these are still in early stages of development.  In short, we do not know if they will even pan out and, if they do, how they will look.


The point is we are dealing with the next evolution of humanity.  Web 3.0 is the advancement of both the [digital](https://inleo.io/@leoglossary/leoglossary-digital) and physical [worlds](https://inleo.io/@leoglossary/leoglossary-world) while blending them together.


For the moment, we will focus upon the AI race, an important component for Web 3.0.

 <center>https://img.inleo.io/DQmbqTbxddmWX3Vs9asy3e8Bys7DgNtrcRTCym6TVqVAWGh/image.png 
Image generated by Ideogram </center>



# The Great AI Race


It is hard to not find something posted about AI.  This is all over the news.  If nothing else, we see the debates of whether this is a [bubble](https://inleo.io/@leoglossary/leoglossary-bubble) or overhyped.


My suggestion is to ignore the noise.  Even if these are true, it does not diminish what is coming out.  AI, specifically generative AI, is going to transform society completely.  It is a new form of computing that will revolutionize most [industries](https://inleo.io/@leoglossary/leoglossary-industry).


For that reason, big [money](https://inleo.io/@leoglossary/leoglossary-money) is flowing into a race that expect enormous payouts.  This is dominated by Big Tech since they tend to have the resources, both [human](https://inleo.io/@leoglossary/leoglossary-human) and [capital](https://inleo.io/@leoglossary/leoglossary-capital), to move in this direction.


The perceived leader was [OpenAi](https://inleo.io/@leoglossary/leoglossary-openai).  This is one, however, that some are thinking is a dumpster fire.  We see a great deal of controversy around the [company](https://inleo.io/@leoglossary/leoglossary-company-business), including many of the early builders leaving.  Is this a sign of trouble?  Only time will tell.  Perhaps it is nothing more than a transition period.


That said, OpenAI is still a start up.  It is competing against the better funded likes of [Google](https://inleo.io/@leoglossary/leoglossary-google-company), Meta, and even [Elon Musk](https://inleo.io/@leoglossary/leoglossary-elon-musk).  No matter how much is raised, they are still dependent upon others giving them money.


We are witnessing consistent rollouts of new models.  With each generation, the leader, according to those reviewing, keeps changing.  Naturally, there is some debate among the different users but it is certain that many companies are advancing with each interation. 


It is also prudent to remember this is only one piece of the AI puzzle.  There are many other areas, less publicized, that have the same battles going on.  


There is potentially trillions of dollars at stake and many want a piece of it.


## Convergence


One of the things we see is companies starting to implement this technology into many facets of the [business](https://inleo.io/@leoglossary/leoglossary-business).


When looking at digital platforms, we see how this is the case for [Microsoft](https://inleo.io/@leoglossary/leoglossary-microsoft-corp), Meta, and Google.  While the results are mixed in the early stages, there is little doubt we are moving towards a time when AI will be mixed into every online platform.  


We can think of it as a [website](https://inleo.io/@leoglossary/leoglossary-website) without the ability to add photos.  How would that compare with the rest of the Internet?


As technologies converge, we often see a massive explosion.  The best example in recent memory is the [smartphone](https://inleo.io/@leoglossary/leoglossary-smartphone) which brought compute, the [Internet](https://inleo.io/@leoglossary/leoglossary-internet), and [mobile](https://inleo.io/@leoglossary/leoglossary-mobile) into one device.  With this, the results speak for themselves.


The crypto world is only starting to embrace this.  


Recently, AI [coins](https://inleo.io/@leoglossary/leoglossary-coins) garnered a lot of attention.  Unfortunately, focusing upon [market](https://inleo.io/@leoglossary/leoglossary-market) activity is often misleading.  There is valid reason to look into these projects, if for no other reason than to see what development is taking place.  The likes of SingularityNet have been developing a [permissionless](https://inleo.io/@leoglossary/leoglossary-permissionless-blockchain) AI platform for a number of [years](https://inleo.io/@leoglossary/leoglossary-year).  This holds some potential in the battle for [open source](https://inleo.io/@leoglossary/leoglossary-open-source), decentralized AI.


These technologies have the ability to revolutionize blockchain and cryptocurrency.  They can enhance what is already under [construction](https://inleo.io/@leoglossary/leoglossary-construction-industry).


When we drill down to some of the basics, what does blockchain offer?


To start, we have a different [database](https://inleo.io/@leoglossary/leoglossary-database) system.  This is permissionless meaning anyone can write to it.  At the same time, the [data](https://inleo.io/@leoglossary/leoglossary-data) is unowned by any entity, meaning it can be accessed by anyone.


Blockchain, via [tokenization](https://inleo.io/@leoglossary/leoglossary-tokenization), also provides a completely new business structure.  We can see how the move away from the traditional [corporation](https://inleo.io/@leoglossary/leoglossary-corporation) to the [DAO](https://inleo.io/@leoglossary/leoglossary-decentralized-autonomous-organization-dao) format can occur.  This could have profound implications on AI.


## Exponential Advancement


How will robots interact with blockchain?  Will they?


These are some of the potentialities we have to think about.  


When looking at the progress of the different technologies, how will they be incorporated into the other ones.  This is where we see exponential advancement occurring.


For example, if we move to the point where there are 500 million robots in operation, basically a large population country, who will own them?  How will the benefits of [economic](https://inleo.io/@leoglossary/leoglossary-economic) productivity be distributed?  What will [fund](https://inleo.io/@leoglossary/leoglossary-fund) the purchase?


Naturally, the early implementations will be corporations.  That said, as blockchain (and tokenization) advance, what does this look like?


That means that each advancement, within any individual technology, will have an impact upon Web 3.0.  This feeds into my theory that blockchain is enhanced since it will be a fundamental part of this transition.  Our future is tokenization simply because that is [currency](https://inleo.io/@leoglossary/leoglossary-currency) native to the Internet.  This means that [computers](https://inleo.io/@leoglossary/leoglossary-computer) can interact with it without human intervention.  It also requires no outside institutions getting involved.


Web3 is technology.  It is still driven, to a large degree, by developers.  This is not going to change anytime soon.  In fact, development is becoming even more important.


## Complex Organisms


Web 3.0 is a complex organism.  It is artificial but, in many ways, follows the same pathway is biological ones.  The difference is the speed.


To frame it a bit different, the Internet itself falls under this category.  There is no overlord (although it often seems that way).  The expansion is the result of billions of decisions made daily.  Someone decides to make a [video](https://inleo.io/@leoglossary/leoglossary-video).  Another [buys](https://inleo.io/@leoglossary/leoglossary-buy) another computer.  A developer released a new [application](https://inleo.io/@leoglossary/leoglossary-application) while a company enhances its existing platform.


This is a system of billions of unrelated stakeholders who take action each [day](https://inleo.io/@leoglossary/leoglossary-day) based upon personal desires, needs, or requirements.  All of this generates more.  This can be data, compute, storage, or data structure.  Whatever the contribution, it simply helps things to grow.


Users.  [Transaction](https://inleo.io/@leoglossary/leoglossary-transaction). [Nodes](https://inleo.io/@leoglossary/leoglossary-node).  Compute. [Bandwidth](https://inleo.io/@leoglossary/leoglossary-bandwidth-hive).


All expanded compared to where they were a decade ago.  Actually, all likely grew since yesterday.  


Then we couple in the advancements in some of the fields mentioned about.  That is feeding into the next generation of society, something we will simply capture under the Web 3.0 concept.


AI is getting the most attention and likely the easiest to follow with regards to the progress.  This will end up feeding into Web 3.0 in a larger way.  That said, we cannot overlook the other factors.


___


<center> [What Is Hive](https://inleo.io/@leoglossary/leoglossary-what-is-hive) </center>





Posted Using [InLeo Alpha](https://inleo.io/@taskmaster4450/the-great-ai-race-and-what-it-means-for-web-30-h3f)