Two failure modes things can fall into, without adjusting the economic system:
- The big central site that has no choice but to monetize you, because otherwise its investor funding will run out
- An overly complicated and geeky system trying to recreate the efficiencies of centralisation without centralisation, and trust without trust (and generally, getting the wrong sort of trust, see Schneier). Ends up being a vicious wild west if it catches on at all, because that centralisation was doing something useful.
- The big central site that has no choice but to monetize you, because otherwise its investor funding will run out
- An overly complicated and geeky system trying to recreate the efficiencies of centralisation without centralisation, and trust without trust (and generally, getting the wrong sort of trust, see Schneier). Ends up being a vicious wild west if it catches on at all, because that centralisation was doing something useful.