The Middle East is on the verge of adopting a new internet era called the “Post Web,” driven by advancements in blockchain and AI. Outlier Ventures, a London-based venture capital firm, recently unveiled its “Post Web Thesis,” highlighting how AI will simplify the complex world of decentralized applications. Instead of traditional search engines, users will soon have AI agents that act on their behalf, enhancing online experiences by focusing on their actual needs. This shift promises a more user-centered approach to the internet, offering smarter, more efficient interactions while reducing reliance on advertisements and centralized platforms. As a young, tech-savvy region, the Middle East is well-positioned to lead the way in this transformation.
RIYADH: The transition from Web 3.0 to the “Post Web” is gaining momentum as blockchain and cryptocurrency pave the way for a decentralized internet. This innovative approach is particularly promising in the Middle East, where a tech-savvy youth population and considerable investments in advanced technologies position the region for early adoption.
Outlier Ventures, a venture capital firm based in London, has introduced its “Post Web Thesis,” building on the vision outlined in its 2016 “Convergence Thesis.” This proposal highlights how advancements in artificial intelligence and Web3 networks are coming together to streamline the complexity of decentralized applications. By leveraging AI, intuitive interfaces can manage tasks like signing transactions, making digital ownership easier for users.
Jamie Burke, the CEO and founder of Outlier Ventures, emphasizes that in the Post Web era, users will not only read and own digital content but will also be able to delegate tasks to intelligent agents—autonomous software that acts on behalf of users, interpreting their intent and executing tasks across decentralized networks.
Burke identifies the Middle East and North Africa as ripe for this technological evolution, thanks to their youth who are quick to adopt new technologies and significant investments in digital innovation. The region could emerge as a global hub for developments in the Post Web space.
Unlike Web 2.0, which relied heavily on centralized platforms, Web3 aimed to create a decentralized internet by giving users greater control over their data. However, Burke points out that mass adoption of Web3 in its current form faces challenges. The Post Web, in contrast, aims to shift from an “attention economy,” where users are bombarded with ads, to an “intention economy,” where user goals shape their online experiences.
As AI agents handle routine tasks like booking vacations, users can focus more on enriching activities, leading to less cluttered digital experiences. For instance, instead of sifting through numerous ads for holiday packages, users could have AI agents find options that better match their family’s needs.
Furthermore, the Post Web promises to minimize costs for both buyers and sellers by eliminating unnecessary intermediaries and optimizing transactions. As AI continues to develop, the traditional internet could shrink away, giving rise to what some are calling the “Thin Web.”
Burke also foresees a “Supercycle” of growth where these technologies enable billions of users to access real-world assets within digital spaces. This could lead to significant investments in digital assets and a reimagining of our online interactions.
In summary, the Post Web is not just an evolution of the internet; it represents a transformation in how we engage online, driven by AI and blockchain.
Tags: Blockchain, Cryptocurrency, Web3, Post Web, AI Agents, Digital Transformation, Middle East Innovation
What do AI agents mean in a ‘Post Web’ world for the Middle East?
AI agents are computer programs that can perform tasks for people. In a ‘Post Web’ world, they can help businesses in the Middle East by making processes faster and more efficient. This can lead to better services for customers and help companies grow.
How does blockchain technology fit into this picture?
Blockchain is a secure and transparent way to store information. In the Middle East, it can improve trust in business transactions. By using blockchain, companies can ensure their data is safe and easily verifiable, which is essential in today’s digital age.
Can AI agents and blockchain work together?
Yes, they can work very well together. AI agents can analyze data from blockchain networks to provide better insights. This combination can enhance decision-making and create new opportunities for businesses in the Middle East.
What are some benefits for tech-savvy individuals in the Middle East?
Tech-savvy individuals can access various job opportunities in AI and blockchain. They can engage in innovative projects and contribute to a growing tech ecosystem. This can also lead to personal development and a chance to be part of future technology trends.
What challenges might arise with AI and blockchain in the Middle East?
Some challenges include the need for training and education. People may need to learn new skills to adapt to these technologies. Additionally, issues like regulatory frameworks and trust in technology play a significant role in how these innovations develop in the region.