Good Day! This is my weekly newsletter, with a dose of insights into the future. The topic of this newsletter is the exponential times we live in, hence the title of f(x) = e^x, which is the (natural) exponential function.
Why Buying Million-Dollar Digital Real Estate Does Not Make Sense
My latest article:
Digital real estate is the hottest thing in town now. Last year, the sales of digital land topped $500 million on the fourth biggest platforms, and there were multiple million-dollar digital real estate deals.
With an infinite supply of digital land across an increasing number of virtual worlds, you would expect low prices, but that is not what is happening. Prices are at an all-time high.
Despite record-breaking transactions, buying digital real estate for millions of dollars does not make sense to me when there is infinite digital space. It will be a matter of time before prices will come crashing down.
Three Useful Nuggets of Information
My weekly tips from around the web to get you thinking.
1. Can AI predict teen pregnancies? It appears it can...
Microsoft and the Ministry of Early Childhood in Argentina’s Salta province developed a platform capable of predicting teen pregnancy with a 86 per cent accuracy, violating the rights of girls and women. (Wired)
2. Bionic eye patients are going blind, because of a bankruptcy.
The convergence of humans and machines can offer incredible benefits, as long as the company behind the technology implanted in you doesn't go bankrupt... (Neoscope)
3. Why opt for real relationships if you can abuse a chatbot?
We live in a strange world. Men are creating AI girlfriends with the sole objective to abuse them. (Futurism)
The metaverse can perfectly exist without Web3. Whether we want that is a different question...