What I love about Blockchain is that normally it's low wage jobs disappearing due to automatization, but with decentralized organizations and platforms appearing, it is in fact CEO's, HR departments, accountants, administrative personnel and basically everybody who works in any large corporation that operates online. Who needs all those people who work at Youtube, when you've got a decentralized Youtube that runs fine on it's own? The same goes for every other tech company, including banks. This revolution will either get squashed, or it will be much bigger than any of us ever thought it would be.
Then again... who needs universal basic income, when everybody's attention is worth money through a tokenized digital future (steemit, basic attention token, tokenized ads, etc.)? Perhaps in the future, we will earn just be 'being' and doing what we always do, and being paid for the priviledge of having our attention? It's all so exciting, if you ask me.
It's not just decentralization that gives the market what it wants. Napster was peer-to-peer but they aren't still around. Instead Spotify and Apple are hiring like crazy and giving the market what it wants including social networking, curated playlists, discographies, etc. As these technologies converge innovators will always be able to benefit from the new cheap technology and offer something new. Blockchains alone won't solve this. It will just pace the way for some new product to come to market.
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I don't know. The more I delve into the newer blockchain projects, the more I see things that will change the internet in ways I did not think possible. Napster failed because it was still centralized around the people 'running' Napster. But with blockchain variants coming up, there will be no central Napster-authority... open source projects mean anybody can keep working on it, and decentralized mining means there will always be some computers somewhere supporting the network, just like Bitcoin.
Have a look at Substratum (crypto) which aims to decentralize webhosting, so that it becomes impossible to see which website you visit. Great for getting around country-wide censorships like in China, but it becomes also impossible to see who is visiting, for example, a website interface to the blockchain. Hell, blockchain doesn't even need a browser.. you can access it through applications. Somebody just needs to write some code.
Not just that, but what about decentralized e-mail which becomes untraceable and undecipherable? Try hunting down software pirates if you can't follow their communication lines.
These hackers and ubernerds are really very smart and in many cases three steps ahead of regulators and governing bodies, who only just start looking at Bitcoin... while Bitcoin is, in fact, so 2014...
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I agree with most of that, but my point is that entire economies that we don't understand yet will grow out of blockchains, and not just provide an opportunity to pirate. It's not like BitTorrent (open source, decentralized) replaced Napster, well it did for a few years, but Spotify and Apple Music did because people were fine paying a small fee for music-as-a-service. (If you were in the business of charging fees for music ownership you were largely disrupted, ie record companies).
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You bring up valid points.
I agree 100% about the fact that many of the support services in large corporations will be eliminated with block chain. At the same time, entire industries will be disrupted like the financial arena with massive job loss. FinTech is already well on its way with more to come. I expect that to be a force over the next 5 years....look for the trading and mortgage markets to suffer a great deal of job loss.
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I just think trading includes the blockchain jobs. Plenty of new fintech professions will be necessary to get the world moved over to digital assets, commodities, currencies and the trading of those assets.
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