The Ten-Book Rule for Smarter Thinking and Web3: The Rise Of The Aligned Web

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Sep 18, 2023

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The Ten-Book Rule for Smarter Thinking and Web3: The Rise Of The Aligned Web

In our quest for knowledge, we often find ourselves overwhelmed by the vast amount of information available. Whether it's trying to understand a complex subject or staying updated on the latest trends, finding reliable sources can be a challenge. That's where the Ten-Book Rule for Smarter Thinking and the concept of Web3 come into play.

Scott H Young, in his article "The Ten-Book Rule for Smarter Thinking," suggests that reading ten well-chosen books can help us grasp the expert consensus on any reasonable question we might have. However, the key here is to choose the right books. Randomly selecting books on a subject won't lead us to the expert wisdom we seek. Instead, we need to focus on books that offer "new" and "useful" ideas, such as up-to-date textbooks, academic monographs, and canonical texts that hold authority in the field.

The underlying principle behind the Ten-Book Rule is to align ourselves with the expert consensus. By immersing ourselves in the knowledge contained within these books, we can form opinions that are likely to align with those of the experts. This approach helps us avoid pitfalls that arise from self-conducted research, where we may inadvertently pick the wrong sources and fail to reach the expert consensus even after reading multiple books.

Now, let's shift our focus to the concept of Web3 and its potential to reshape the internet landscape. The adversarial web, or Web2, as it is commonly known, is plagued by pervasive surveillance, fake news, moderation crises, and spam. These negative characteristics stem from a misalignment of incentives within the system, primarily driven by how money flows around it.

In Web2, the interests, agendas, and goals revolve around commerce and shaping us into biddable consumers. It prioritizes the cultivation of behaviors that support business rather than personal or spiritual development. However, Web3 aims to change this narrative by aligning incentives and creating a more transparent and equitable online ecosystem.

One of the key aspects of Web3 is the understanding that content is a critical component. It serves as the opening of the conversion funnel, attracting unique visitors and eventually converting them into customers. Content distribution, however, comes at a cost that can never be zero. Many people fail to realize that physical content distribution centers exist, just like Amazon's distribution centers for physical goods. These centers require capital investment and are maintained by human resources.

The complexity and indirection of the content distribution process in Web3 highlight the indirect route through which users pay for messaging. It also emphasizes the role of physical servers that run on electricity and require raw materials and human maintenance. The beauty of the aligned web lies in its transparency. Everyone can see who is paying for what, eliminating the opacity that often characterizes Web2.

By connecting the Ten-Book Rule for Smarter Thinking with the rise of Web3, we can identify common points that underscore the importance of aligning ourselves with expert consensus and aligning incentives within the online ecosystem. Here are three actionable pieces of advice to consider:

  1. Choose your sources wisely: When seeking knowledge, be intentional about the books you read. Opt for well-regarded textbooks, academic monographs, and canonical texts that hold authority in the field. This will help you align your understanding with expert consensus.

  2. Embrace transparency: As we move towards Web3, strive for transparency in content distribution and online transactions. Understand the underlying costs and resources required for content distribution, and be aware of who is paying for what. This will contribute to a more equitable and trustworthy online environment.

  3. Stay updated on the evolution of the internet: Keep yourself informed about emerging concepts like Web3 and its potential to reshape the internet landscape. The more you understand the underlying principles and incentives, the better equipped you'll be to navigate the digital world.

In conclusion, the Ten-Book Rule for Smarter Thinking and the rise of Web3 offer valuable insights into how we can approach knowledge acquisition and reshape the internet ecosystem. By aligning ourselves with expert consensus and embracing transparency, we can foster smarter thinking and contribute to a more equitable online environment. So, let's choose our books wisely and embrace the possibilities of Web3 as we continue on our quest for knowledge and progress.

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