Read Write Own Summary
The next phase of the internet will be defined by decentralization, where users can not only read and write content, but also own digital assets and control their online identity. Web3 technologies, such as blockchain and cryptocurrencies, enable this shift by allowing users to participate directly in the value they help create. This new ownership model promises a more equitable, user-driven internet that aligns incentives and empowers individuals to benefit from their contributions.
Read Write Own Notes
These are my notes from Read Write Own by Chris Dixon. Each one contains a core idea from the book that stood out. The goal of writing my notes this way is that each could be it's own independent idea with the need for the specific context within the book.
Metcalfe's Law
Metcalfe's Law was created to measure the value of network effects. The law says the value of a network grows quadratically to the number of nodes squared. Robert Metcalfe created it in the early days of the internet. The co-creator of Ethernet meant for it to apply to hardware. However, it applies to all networks as a way to measure their value.
The Garage-to-Greatness Pipeline
Silicon Valley’s secret sauce isn’t just in corporate labs. As Chris Dixon points out, the most transformative technologies often emerge from the fringe. He calls these "outside-in" innovations, born in garages, dorm rooms, and hobbyist meetups. Unlike their “inside-out” counterparts from Big Tech, these ideas start scrappy and weird. The Homebrew Computer Club inspired Steve Jobs and Steve Wozniak. Linus Torvalds coded Linux as a side project. These outsiders fueled by passion rather than paycheck create technology that invades trillion-dollar industries. Low history shows that today’s tinkering can become tomorrow’s trillion-dollar industry. The web itself started as a quirky project in a Swiss physics lab. A "useless" gadget or app might be the next big thing in networked adolescence.