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at-fates-hands

They have a lot of things they can do

1. crypto currencies and P2P payments

2. Take clues from Steemit (a decentralized social platform that runs on blockchain) and how they utilize blockchain

3. Use to combat censorship in countries that are not favorable to Facebook

4. Use BC to combat fake news

5. AI platforms

6. Streaming services

Just because they have a centralized service doesn't mean they can use some of their considerable capital and branch out into other areas and offerings. To think FB will always be a social media platform is kind of. . .myopic wouldn't you say?

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    > 4. Use BC to combat fake news
    > 5. AI platforms
    > 6. Streaming services

I fail to see how any of those has anything to do with the blockchain.

This reminds me of "lets do x, except in THE CLOUD" all over again. fight censorship by putting things in THE CLOUD where it can't easily be blocked, stream video from THE CLOUD

wasn't "the cloud" supposed to do decentralization too? hmm

The "Cloud" was at least about economies of scale (switching on-prem -> cloud has some potential cost savings).

I'm not sure re-implementing on a blockchain has the same effect, unless they're farming processing out to third-party actors at no cost somehow.

They don't have anything to do with it. He's just throwing out buzzwords, no clue what he's saying.

> 4. Use BC to combat fake news

perhaps blockchains can be used to immutably timestamp events like political speeches, to create an authoritative historical record?

> 5. AI platforms

consider the following efforts:

https://pandoraboxchain.ai/

https://oceanprotocol.com/

> 6. Streaming services

perhaps content rights could be managed on a blockchain?

also consider this lightning network related effort: https://www.coindesk.com/bitcoin-meets-netflix-laolu-buildin...

> perhaps blockchains can be used to immutably timestamp events like political speeches, to create an authoritative historical record?

So it’s not "combat fake news" but rather "create an authoritative historical record of events’ timestamps". I’m not sure how the blockchain is in any way useful for the latter. I feel like we’re trying to force blockchain into every imaginable field without even thinking about it.

> consider the following efforts

Landings full of buzzwords are not "efforts". Like another commenter pointed out, it’s the whole "let’s do X, except in the cloud" thing all over again.

> perhaps content rights could be managed on a blockchain?

Ditto. "let's do content rights, except in the blockchain".

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