Do you think web3 is a trend towards internet socialism?

1M Ago
I feel very conflicted. On the one hand, I see the potential of web3 to disrupt the monopolies within finance, media/art, and social media, meaning that new companies (or DAOs) can finally capture a larger market share, creating a fairer overall market. On the other hand, DAO structures resemble what I imagine a digital implementation of socialism would look like. Now, this isn't *necessarily* bad; it's certainly interesting that regular internet users can now own a piece of their favorite services. But is this really the only viable future? Will random token holders govern every single web3 service? I also struggle to see the incentives for building a complex decentralized platform if the primary business model is comprised of faulty tokenomics, especially play-to-earn, or if protocol revenues are immediately redistributed.