In 2008, Walmart, China Industrial, Commercial Bank, China Petroleum, and Exxon were at the zenith of market capitalization. However, within a decade, Microsoft, google, Amazon, and Apple have taken over the top positions.
This outstanding upset in such little time was beyond predictions. The change in the landscape in just 10 years shows us that anything can happen in the next decade.
George Gilder says it best. He thinks that in the information age, economies change at a pace that surpasses the speed of thought.
2021 is knocking on our door making us wonder if market capitalization will change again. A lot of people think that the future will reflect the business model of Google.
This is not, however, what George Gilder thinks. He suggests that companies like Bitmain, Ethereum, Neo, and Blockstack will dominate. He calls the new era, the era of Cryptocosom. BizReviewed article on 15g stocks tells us where to invest according to George Gilder.
The Ten Cryptocosm Laws Up Against Google Laws
George Gilder simplifies the laws that Google inspires for technology systems that our world has become dependant upon. This includes big data, search and satisfy, machine minds, and cloud computing.
After that, he compares Google laws with the equivalent Cryptocosm or Blockstack laws. In doing so, he shows us how we benefit more from the Cryptocosm model.
First Google Law
The first Google law prioritizes users. This means that communication is key for Google. They ask themselves what the best possible way is to focus on users. The answer is giving out free stuff. This lures in users and invokes interaction with Google.
First Law of Cryptocosm
On the other hand, the first law of Cryptocosm focuses on security instead of free stuff. In Cryptocosm there is nothing free. Security and truthfulness about costs are refreshing and projects a safe and realistic world.
Second Google Law
The second Google law reminds us of a famous saying by Bruce Lee. He said that he is not afraid of a man with many martial arts under his belt. However, he is afraid of a person who practices one single move countless times.
In the case of Google, that one single move is Artificial Intelligence. They think that its best to be extremely good at one particular thing. Think about it, if you need to search for information, where do you go now?
Second Law of Cryptocosm
Cryptocosm takes a different stance in comparison to Google. The law is to make a safe platform for people to do a lot of things very well.
Third Google Law
The third Google law is about speed. They are all about being as fast as possible. Google won’t slow down even if human beings cannot cope with the advancements. They especially want to go to a pace that surpasses the abilities of man.
Why? Well, a superior speed leads to the projection of machine learning far into the depths of the universe. The projection will be a new singularity and that is what Google aims at achieving.
Third Law of Cryptocosm
The third law of Cryptocosm identifies the importance of human ability over the gigahertz of a computer. The human scale is much slower than a machine but it is who we are.
Croptocosm will lead to slower individual transactions. Google does that many times faster with ease. However, Ceoptocosm is probably a million times faster in the synchronization of a ground state throughout the entire system.
Fourth Google Law
The fourth law of Google is the belief of functional democracy on the internet. However, the law goes on to say that democracy on the web should stay there. It should not spill out of the web to create complications in the real world.
This idea leads to the need for voting for the distribution of power. Bodies centralize with the concern of the constituents. This is not the case in Cryptocosm.
Fourth Law Cryptocosm
The fourth law of Cryptocosm is not a hierarchy like the democratic vision of Google. Or in other words, Cryptocosm follows a heterarchy.
For this reason, unlike a democratic demonstration of power, there is no need for votes. The power distribution is automatic.
Fifth Google Law
The fifth Google Law states, as an individual, you have geographic freedom to seek answers. This is great as it means your physical location does not restrict you from acquiring information from around the world. However, the law is lenient about advertisements that appear as we search for answers.
Fifth Law of Cryptocosm
Cryptocosm thinks that if you have a smartphone, it should be able to suppress advertisements during your pursuits.
Sixth Google Law
Law six of Google states, you can earn without being corrupt, and that real money is essentially good.
Sixth Law of Cryptocosm
Cryptocosm insists that it’s not possible to be evil while building applications and systems.
Seventh Google Law
This law states information beyond discovery is within our grasp with the use of free services.
Seventh Law of Cryptocosm
Cryptocosm insists that information is the property of the creator and not distributors. Also, nothing ever is free.
Eighth Google Law
Google wants to set all information free. They say that information sharing beyond borders is necessary.
Eighth Law of Cryptocosm
Cryptocosm insists on the opposite of what Google wants to achieve. The law states that information security is the right of an individual and his device. Not even his nation has a claim over it.
Ninth Google Law
Google is after personal data. So, it states that you get information by giving yours.
Ninth Law of Cryptocosm
Cryptocosm does not agree with Google when it comes to personal data. It insists that a person should be able to make transactions without giving out personal information.
Tenth Google Law
Google believes that great is not even close to sufficing when it comes to achieving.
Tenth Law of Cryptocosm
Cryptocosm aspires in creating a foundation that is architecturally sound in terms of security and the record of time. This foundation will give users the ability to achieve greatness.
Will Google Win or Cryptocosm?
Gilder thinks that Cryptocosm is our future. It offers a comparatively complete system that is much more fluent than what Google can offer.
Also, humankind will incline towards a system that keeps them safe instead of flooding out their personal information
Most importantly, Cryptocosm prioritizes “the human being” and not a machine or artificial intelligence.