Will Web 3.0 give power back to the people?

Mike & Amit Talk Tech

06-04-2023 • 17 mins

One of the biggest topics among the Technorati today is Web 3.0. For many, this came out of the blue. How many even realized that there was a Web 2.0?

Proponents of Web 3.0 say that soon, users will have full control of their online persona and be able to connect with friends, purchase products and services, and consume content without having to rely on large commercial platforms. Based on a set of principles and backed up with new, creative technologies, it promises to democratize the internet and liberate online users from the clutches of over-controlling digital giants.

It will, in short, put power back into the hands of people. But is that a realistic prospect?

In episode two of Mike and Amit Talk Tech, these two award-winning professors ask whether Web 3.0 will live up to the hype; or whether it's a pipe dream.

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Michael Wade is a Professor of Innovation and Strategy and Director of the IMD Global Center for Digital Business Transformation. He also holds the Cisco Chair in Digital Business Transformation. An expert in digital transformation, he has published 10 books and more than 100 case studies as well as articles on topics such as digital business transformation, innovation, strategy, and digital leadership.

Amit Joshi is a Professor of AI, Analytics, and Marketing Strategy. He specializes in helping organizations use artificial intelligence and develop their big data, analytics, and AI capabilities. An award-winning professor and researcher, he has extensive experience of AI and analytics-driven transformations in industries such as banking, fintech, retail, automotive, telecoms, and pharma.

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