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Google and Facebook will simply adopt web3 if it takes off (see Facebooks existing attempts). So maybe, but less so

• pjc50 5y ago
  Exactly. Recentralisation is under-appreciated by the decentralists; decentralisation is not a magic dust, and almost all decentralised services are made more convenient by intermediaries .. who will tend to consolidate. See e.g. OpenSea for NFTs.
  • timdaub 5y ago
    If you've been following crypto currencies' history, you'll be aware that weakly decentralized (read: centralized) attempts always fall prey to decentralized protocols. The underlying principle is that a process controlled by nobody is more anti-fragile than one directly controlled by a few. Control is a liability. Over the long term, protocols outcompete hosted services. E.g. Automated market makers will be much longer around than any centralized exchange like e.g. Coinbase.
    • brokensegue 5y ago
      > Over the long term, protocols outcompete hosted service The exact opposite happened with email