[oblio]

Web3 solves this by decentralization.

Let's see, what do I know that's decentralized?

Ah, Web1 and the Internet. HTTP, SMTP, FTP, etc. How are they doing? Ah, right, in practice the protocols people really care about like HTTP and SMTP became oligopolies.

What exactly does Web3 add to prevent this <<social>> problem?

[sebow]

I'm the biggest web3 hater out there, but web1 or generally the "Internet" today is not decentralized at all.It's centralized through popular software protocols being used, the adressing system, the fact that you cannot "pipe yourself" to the internet without being approved at a certain level by a forementioned centralized process,etc.This is not even going into the legislative argument.

These(software & legal arguments) all are irrelevant considering the fact that the web is hardware-wise not decentralized.I've seen this weak argument from smart people who argue that everyone can buy their own equipment, start their own ISP(which they can't, legally speaking, without going into a centralized process) and go through the process of creating one's own network that's being piped into the internet, but besides the fact that it defeats the point, ~nobody has access to that hardware in the consumer space.(There are few interesting projects existing but those are extreme outliers).

To continue your point and to reinforce it: software decentralization being useless, web3 will solve almost nothing, even in the best case scenario: where we defeat performance & "cultural" issues (NFTs, shittyverse, secure money, etc).It became a platform for the big players to show a shiny new big toy to the masses, one where security is improved; but security for the user is irrelevant from the POV of a company which seeks usage & entrapment.