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How Web3 Decentralization Can Dismantle Big Tech Monopolies in 2024
DEV Community dev.to
The staggering market dominance of Big Tech gatekeepers like Google, Amazon, Facebook, Apple, and Microsoft (GAFAM) has raised growing concerns about privacy infringement, centralized control, and stifled innovation across the tech landscape.
However, 2023 emerged as a breakout year for Web3 – a decentralized version of the internet built on open blockchain architectures – with the potential to disrupt the profit-hoarding data monopolies of Big Tech.
According to market intelligence firm Gartner estimates, global investment in Web3 doubled year-over-year in …
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