April 08, 2022
Web3 Will Be More Centralized Than You Think (318)

Robert and Joe discuss what happens to Twitter now than Elon put one percent of his net worth into the company. Podcasting is down, but is that a problem? And the boys predict that Web3 will soon be dominated by a centralized player. Is that bad?...


Robert and Joe discuss what happens to Twitter now than Elon put one percent of his net worth into the company. Podcasting is down, but is that a problem? And the boys predict that Web3 will soon be dominated by a centralized player. Is that bad? Probably not.

This week's links:

Elon Musk and Twitter

YouTube to Launch Podcast Player

Podcasting Stats See First Drop

Tech Startup Doesn't Mention NFTs or Web3

Journalists and Personal Brands

The Hero - Movie

What Is the Metaverse?

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Timestamps:

00:00 Intro

00:22 Join Robert & Joe at CEX in May! 25% off with Promo Code!

00:33 The Host’s Podcast Dynamic 

02:50 Robert’s London Trip 

10:35 This Week’s Show Outline

13:46 Breaking News: Twitter Shares Increase After Elon Musk Takes 9.2% of Company

24:37 YouTube Considers Creating Podcast Tab

26:17 Podcast Decline this Year; Reasons Why

36:53 NFTs and Web3 Not Mentioned by Tech Startup  

48:30 Journalist’s Personal Brands 

58:31 Rants and Raves: Robert Raves Metaverse Interview with Kathy

1:00:09 Joe Wants Content Creators to Watch The Hero Movie 

1:06:13 Weekend Plans; Joe Goes Golfing; Robert Work Projects

1:07:05 Outro 

 

Quotes

Joe: “YouTube is already the #1 place podcasts are listened to.… Now, if they are going to really go after that market in a different way and focus on findability, beyond the subscriber bases, there might be an opportunity there.”  (27:30)

 

Robert: “Where is attention moving? As commuting comes back and as podcasts have come back, competition has thickened, with streaming services and other elements that aren’t podcasts.” (33:24)

 

Joe: “If you’re an artist or a musician where you create some kind of a good and you want to show that ownership and get paid overtime, it comes with the non-fungible token. The reason it’s going to start heating up is that there are going to be a lot of people that are going to make a lot of money off of this.” (40:41)

 

Robert: “Whatever company kills it here is going to be the google of this thing. Their name will become the xerox, the google, the kleenex… a making an NFT or a certificate.” (41:48)

 

Joe: “Create your own thing. Go out and build something. Build your own audience. Do something amazing without some large entity telling you how you should do things a certain way.”    (52:09)

 

Robert: “You start associating your brand with the brand of where you’re practicing your art.” (57:52)