Web3, blockchain, and the metaverse: should you believe the hype? | Tech Leaders Hub #34
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Should you believe the hype?
New technologies like Web3, blockchain, and the metaverse are finding new advocates and critics every day.
The challenge for tech leaders is to know which technologies you should invest your time in, and which you should approach with caution.
Perhaps there are even some technologies that are simply a distraction, and the less time you spend on them, the better.
But how can you tell which technologies have potential, and which don’t?
That’s the question we tried to answer on the next Tech Leaders Hub session.
Our guest was Espen Sande Larsen, Senior Vice President Of Technology Exploration at DNB, the largest bank and financial services group in Norway.
We discussed about:
– the hype trains tech leaders are on
– whether you should really be excited about Web3, blockchain, the metaverse, and other technologies
– what the history of Web 2.0 can teach us about the hype for Web3
– who actually wins in the hype cycle
– additional advice from Espen on hiring, management, and team composition
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Timestamps:
0:00 Web3, blockchain, and the metaverse: should you believe the hype?
1:26 Who do you hope is tuning in today for our session?
2:23 What is your #1 tip for tech leaders?
2:52 Is there a good way to determine what is worthwhile and what is just hype?
6:32 What is your professional background? What do you do at DNB?
10:26 Is Web3, blockchain, or the metaverse overhyped?
11:10 How is Web3 perceived right now? What's real and what's hype?
16:30 Do you think democratization in crypto is such a good thing?
21:10 How did the rise of Web2 go? How did it influence Web3?
24:02 Will Bitcoin and Ethereum go the way of MySpace or GeoCities?
27:16 Could Bitcoin become the new dollar or gold?
28:10 Is some of the potential of Web3 or blockchain being misunderstood?
30:03 Should tech leaders give in to the pressure of being early adopters?
35:48 What is the promise and the reality of the metaverse?
40:58 How will the hardware advance with the metaverse?
44:01 When should businesses invest in the metaverse?
46:25 Is there a good way to experiment with new technologies as a business?
47:50 What is your team at DNB doing to succeed?
49:55 Will versatility in software development become more important in the future generally?
53:45 Because of Web3, blockchain, and the metaverse, which skills will become more important soon?
56:40 Do you have anything on the subject you'd like to add?
58:41 Do you have any announcements for our audience?
59:35 Follow STX Next on LinkedIn, visit stxnext.com
1:00:48 Visit thectosurvey.com