I don't think anyone has a good answer to that question, which is the problem in a nutshell. Job one is to start investing seriously in finding possible answers.
>We need to roll back to "don't trust anything online, don't share your identity or payment information online"
That's easy to say, but it's a trillion-dollar decision. Alphabet and Meta are both worthless in that scenario, because ~all of their revenue comes from connecting unfamiliar sellers with buyers. Amazon is at existential risk. The collapse of Alibaba would have a devastating impact on Chinese exporters, with massive consequent geopolitical risks. Rolling back to the internet of old means rolling back on many years worth of productivity and GDP growth.
> because ~all of their revenue comes from connecting unfamiliar sellers with buyers
Well that's exactly the sort of service that will be extremely valuable in a post-trust internet. They can develop authentication solutions that cut down on fraud at the cost of anonymity.
I don't think anyone has a good answer to that question, which is the problem in a nutshell. Job one is to start investing seriously in finding possible answers.
>We need to roll back to "don't trust anything online, don't share your identity or payment information online"
That's easy to say, but it's a trillion-dollar decision. Alphabet and Meta are both worthless in that scenario, because ~all of their revenue comes from connecting unfamiliar sellers with buyers. Amazon is at existential risk. The collapse of Alibaba would have a devastating impact on Chinese exporters, with massive consequent geopolitical risks. Rolling back to the internet of old means rolling back on many years worth of productivity and GDP growth.