Latest / The Paul Barron Crypto Show / Adobe Stealing Your Personal Files | Web3 Storage & Privacy with Sarah Buxton
Transcript
- 0:06All right, a ton happening today. Of course, we're going to be
- 0:08diving into a little bit of the privacy scenarios that are going on. We're
- 0:11going to talk a little bit about Adobe, but also a lot of Web
- 0:14three projects that are starting to bridge the gap between privacy and use case around
- 0:20DAPs. We'll break it all down for you to go. A special co
- 0:22host for you today, you don't want to miss it. My name is
- 0:24Paulbara. Welcome back in the tech path. Before we get started, I
- 0:27want to thank our sponsor today, that's Coinbase. If you guys are looking
- 0:30at getting into on chain summer, this is the time to do it because
- 0:33there's a lot happening with on chain summer. If you are brand new to
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- 0:42Just go over to coinbase, sign them with our link down there.
- 0:46It's going to give you a chance to win about two hundred bucks in cryptos,
- 0:49so check it out. It's very easy. Just to give you an
- 0:52example of what's happening over there. This is what's going on right now on
- 0:56base. A lot of explosion in terms of projects, but Bass has really
- 1:00started to move and on chain summer has just started. Mainly what we're talking
- 1:04about here, tons of applications that are launching, all sorts of token promotions,
- 1:11and a lot of new projects that I think you guys might be interested.
- 1:15So check it out down below. You're going to need a coinbase account
- 1:17to get going. I want to introduce our co host today and one who's
- 1:21been on the show before many times, but that is miss Sarah Bux So
- 1:23great to have you, Hi, Pool. I'm looking forward to this.
- 1:26Yeah, we're going to break down a lot of stuff. We're going to
- 1:30get into a little bit of I think when you look at just what's happening
- 1:36right now in the open markets, Adobe's first big move, which I think
- 1:40this is such a bad time scenario for Adobe, especially when you think about
- 1:45just Web three privacy in general, and Adobe of course has now installed somewhat
- 1:52spyware like terms of service update. This one's pretty bad because it's requiring you
- 1:57to do a lot of things to actually use the software, and many creators
- 2:04use Adobe on an ongoing basis. What is your take right now on this
- 2:07happening? The biggest problem I have with it is the way it's phrased.
- 2:12This we may may access your content. I want to see something that says
- 2:19we can't actually access your content even if we want to. I think we're
- 2:23a little bit done with big companies and their terms of service being open to
- 2:29their own interpretation. So I think it's like you say, I think it's
- 2:31a little bit of a miss to say the least this one. So I
- 2:36want to play a clip for you. This is an attorney that talks about
- 2:39these new Adobe terms. Listen, and what do you have to say if
- 2:43you are a professional, if you are under nda with your clients, if
- 2:45you are creative a lawyer, guilty is charged. It's time to cancel Adobe,
- 2:50delete all the apps and programs. Adobe cannot be trusted. Once you
- 2:53see a company change terms and conditions and they break your trust, that's not
- 2:58something that a lawyer can I'm just a lawyer. I'm not a doctor.
- 3:02But doctors have that even more with respect to really really personal information about people
- 3:08and about what might or might not be wrong with them. And indeed,
- 3:10if you look at the actual contract itself, for example, now notably from
- 3:15a legal perspective, for example, is not a looting provision. It's an
- 3:19illustrative provision, it provides an illustration, so you can't read this as the
- 3:23only reason that they could use your content in order to provide the services and
- 3:28software we may need to access, view, or listen to your content to
- 3:30detect, prevent, or otherwise address fraud, security, legal, or technical
- 3:35issues. That starts to get a little bit frightening. I was looking at
- 3:37this tweet right here. Can't even uninstall photoshop right now unless I agree to
- 3:40the term, So you couldn't even get out of it right now. So
- 3:43this is one of those scenarios. I think this may backfire on them.
- 3:47Do you think they'll backtrack this? I think it's really difficult to batschrap.
- 3:52It's like with when Sam Altman with the open AI scandal. I say scandal
- 3:58in the lease of sense because there's so many with those guys, bless them,
- 4:00but with the her voice and no, no, no, it's not
- 4:05scarlet and it's like it's so close and you called her, I don't.
- 4:10I think we're going to see a lot more of this, which is plausible
- 4:14deniability. And I think with this, you know, with these scenarios,
- 4:17it's going to get more and more tricky, particularly for creators. And you
- 4:20look at what Canva are doing as well with the AI tools are meant to
- 4:25be there to sort of empower creative people and to allow them to work more
- 4:29efficiently. It doesn't feel that way if you're actually able to rip their stuff
- 4:34off without paying them for it. Right. So yeah, I'll be interested
- 4:38see how they react to this. It's going to be quite difficult to climb
- 4:41down without saying we're wrong, and in my experience, companies like this don't
- 4:45like to say they're wrong. Well, and one of the things you look
- 4:47at just the impact of the creator community. This is a good example.
- 4:51This was on nine to five back. This is movie director Duncan Jones.
- 4:55He was pretty blunt, you know, said, hey, we're working on
- 4:58a bloody movie here. No, you don't suddenly have the right to any
- 5:01of the work we are doing on it because we pay the use photoshop.
- 5:06So I want to get into a little bit about storage because this is something
- 5:11that a lot of people don't realize. With Web three, there's a lot
- 5:14of storage solutions out there. This of course could open up with Adobe,
- 5:18especially because of the files that I have, you know, and if I
- 5:20want to shore those in another place other than to where they have access to
- 5:26it. Yeah, yeah, exactly. Yeah, let's go play a clip
- 5:30for this. This is a lawyer talking about infiltrating personal PC storages listening perhaps
- 5:36more broadly than it needs to be, and in particular the definition of content
- 5:40is. But we're really going to get hung up because when we look at
- 5:44four point one, content could have said stuff that gets uploaded to our servers,
- 5:48right, But instead, because this is broadly drafted for every piece of
- 5:51software that they make, content in this instance means any text, information,
- 5:57communication, or materials such as audio files, video files, electronic documents or
- 6:00images that you upload, import into embed for you, spy, or create
- 6:06using the services and software. Now we've got a concern because content is so
- 6:11broadly drafted that if they're allowed to look at anything in content land, we're
- 6:15a little bit worried that they can look at anything that they we have on
- 6:18our computers and they can get into our private information and our customer is private
- 6:21information, right, that's the big concern. Yeah, So this is hitting
- 6:26home right now with a lot of companies. I don't know if many creators
- 6:30truly understand the impact just yet. And we'll see you know how you know
- 6:36the backlash may attempt hopefully push Adobe into a correction here as al Adam's estate
- 6:44blasted them as well, they ended up using some of his photography and actually
- 6:48we're selling it as stock photography and to go in, Yeah, that's crazy,
- 6:55that's crazy. This all happening right here, Sarah. They're announcing their
- 7:00are Q two earnings. So so yeah, Q two earnings not a good
- 7:04time to be announcing this. This is going to be well you say that,
- 7:09I suppose, you know, updating these terms of service so they can
- 7:13be more AI focused is exactly what they're trying to do. They're trying to
- 7:15be relevant, but you have to do it in a way that you're not
- 7:18going to, you know, completely alienate your core company. You know,
- 7:23your youre customers. And I think you touched on it just then as well.
- 7:27I think it's not just you know, my IP and my work.
- 7:30If I'm a creative, I've signed NDA's, I've signed contracts, I'm working
- 7:34on other people's things. So now all of a sudden, you are putting
- 7:38me and my company or my livelihood in jeopardy. And I think that's what
- 7:42people are going to really wrestle to understand is where where is that that thread
- 7:46for who owns the data and under what basis? So I think bigger companies
- 7:50are going to have a problem with this as well, not just freelancers to
- 7:54a couple other things to look at here, as it's not just Adobe.
- 7:56You've got Dropox, Slack, Microsoft, all being kind of the SaaS providers
- 8:01all going into these you know, heightened issues with terms and conditions being changed,
- 8:07and much of it has been around the generative AI efforts. Do you
- 8:11think that's about to change? Are we aut of privacy? You know?
- 8:15Chasm so to speak? I wish I could say we were. You know,
- 8:18I was a one of the most prestigious tech conferences in the world last
- 8:22week and people were giving away their email addresses for some popcorn. So I
- 8:28think we've got a long way to go for to be really clear on privacy.
- 8:33We will get there, but we're not there yet. I don't I
- 8:35don't think the opportunity here I think for decentralization, especially when you look at
- 8:41all the web three potentials out there, one of course, is going to
- 8:43be the peer to peer side of things from a cloud storage standpoint, because
- 8:48that at some point that will become a major factor in how many of these
- 8:52SAS services are going to be working. Here was a paper that was written
- 8:56all the way back in twenty fourteen five Ittallic, and there's Butter right there
- 9:01talking about peer peer cloud storage and the networks that it was going to represent,
- 9:07and a lot of which was on you know, the project that I
- 9:09think he talks about a lot which is storage storage right there, showing a
- 9:15little bit of a resurrection here just in the last little bit coming up,
- 9:18maybe because of what's happening here with a lot of these SAS services realizing that
- 9:24you know, your local storage is now their storage for their AI models to
- 9:28train on. If you look at other tokens you've got, are we kind
- 9:31of in that mix and file coin, et cetera. What are your thoughts
- 9:33on these on these tokens that kind of represent Web three storage, do you
- 9:39think they have a future? Sure answer, yes, I think they were
- 9:43massively overhyped and overcooked, so I don't. I think there's probably a natural
- 9:46correction that's happening, but there's clearly a need for them. I wouldn't necessarily
- 9:52look at the token values right now as reflective of the future, because I
- 9:56do think there was an awful lot of hype around them the time, and
- 10:00I think what we're going to see, I hope, genuinely, I hope
- 10:03what we're going to see is a little bit of mass market use case come
- 10:09into play now and for those tokens to carry on performing for the holders and
- 10:15obviously for the projects because we need those projects are the one I'm doing included,
- 10:20right, So yeah, for sure, Flow is a good example one
- 10:22right here. If you own one Flow token, essentially you've got one hundred
- 10:26megabyte megabytes of online storage there within Flow. I want to play a clip
- 10:31that goes into this a little bit deeper. Let's jump to that. We
- 10:35believe that the defining characteristics of ordins inscriptions was not necessarily the technical implementation,
- 10:41but how the images are stored directly on the blockchain, and the metadata doesn't
- 10:46just point to an image URL in a centralized database or IPFS, it's on
- 10:50chain. You can choose your inscription type, so whether it be a domain
- 10:54text or image I love Cadence do, Flow can then confirm the inscription and
- 11:03then pay, approve and done. Now that the inscriptions created successfully, we've
- 11:11already seen people upload photos of their dogs digital artists creating art collections and people
- 11:16inscribing AI generated images. With the Crescendo upgrade cadence one point zero EVM on
- 11:20flow and more, it looks like twenty twenty four is going to be a
- 11:24huge year for Flow blockchain. Some of the things Dapper Labs now is today
- 11:28they're legal resolution that reaffirmed two of their most important positions. One was that
- 11:33the flow is not a security in the same way that trading cards aren't a
- 11:37security. So they've kind of won that to a certain extent. I really
- 11:41like this hive mapper, which is the token honey, I think, and
- 11:46that whole thing is about, yeah, we want your data. We're going
- 11:50to be honest that we want your data, just like render is right,
- 11:52but we are unlike render, which is going to reduce the cost for taking
- 11:56your data, We're going to encourage you to drive around and then we're going
- 12:01to give you rewards for doing that. So there is this sort of relationship
- 12:05forming where we're starting to understand that AI is not going anywhere, but how
- 12:11do we as customers and users and creators benefit from it rather than get maybe
- 12:16constrained by it. And I think there was a brilliant quote, and forgive
- 12:20me, I can't remember where it's from. This lady was saying, you
- 12:24know, I want AI so that I don't have to do medial chores.
- 12:28Basically, not me do medial chores, whether while the AI is going off
- 12:33and painting and writing. That's not what I wanted, and an actual fact,
- 12:37that's kind of what we've got right now. So it is interesting to
- 12:41see how this dynamic plays out. But I think rewards and privacy, which
- 12:45is why we were talking about obviously like lights of storage and stuff. I
- 12:48think it is important of knowing where our data is and if we even want
- 12:52to give that up and for what price. Well, staying on the privacy
- 12:56note, because this gets us into the next layer of some of the web
- 13:01three DAPs that are starting to develop. One, of course, is only
- 13:05one. This is a project that's been out there for a little while but
- 13:09has recently started to gain a little bit of traction. One of the things
- 13:13that they're they're doing that is a little bit different. They're paying creators now.
- 13:16You know, granted it's kind of the only fans model right now,
- 13:20but I anticipate we'll see this in all aspects of creators, whether it's chefs
- 13:24coming in and saying, hey, I'm going to create you you know xyz,
- 13:28other types of creators, maybe even musicians coming into this market. But
- 13:31the cool thing is is that it has a lot of the models of what
- 13:37the traditional side of where Web two is. Do you think something like this
- 13:43has a shot in Web three? Could it go viral? I hate to
- 13:48say it, but you know, adult entertainment, it tends to lead the
- 13:52way, doesn't it in many technological advances. So it's so weird in some
- 13:56ways, you know, it's meant to you know, devalue us, and
- 14:00then in other ways, obviously it definitely trailblazes, you know, particularly with
- 14:05technology platforms forward. So I agree with you. I think if you look
- 14:09at this purely from a content is content point of view, why wouldn't musicians
- 14:13use this, Why wouldn't content creators use this? And actually, is this
- 14:18maybe a better way than trying to launch some sort of half baked social media
- 14:22app on the back of one or two topic areas. I think this is
- 14:26actually a much more slick solution. So yeah, I'm quite interested to see
- 14:30where this one goes. For sure. I think I'm looking I'm looking at
- 14:35the trigger warning on everybody. I'm looking at the only one app right now.
- 14:39And the reason that I'm looking at this it's just your account pal,
- 14:43be honest. Well you can get there without logging in, so you can
- 14:48get verified there. But the point I wanted to get had was this right
- 14:54here, and I'm going to showcase this right here. So I know this
- 14:56is a friends with benefits, but the point is you see that token right
- 14:58there, that's a USDC. That's USDC in there, So you've got the
- 15:05ability to go in and buy that almost like an n FT and guess what,
- 15:09you can also resell it right there, so it truly has that n
- 15:13FT connectivity. I'm thinking this as music. I'm thinking of this as recipes
- 15:18other things that you know, respectable people might want to use. But the
- 15:22point is a lot happening with the technology. You know. So this guy
- 15:26spent forty K for a date night. Poor guy, forty dollars Sarah for
- 15:33a date night. Wow, that's a high bar, isn't it to be?
- 15:35To be fair, You're going to have to really put on a nice
- 15:39outfit and eat a good steak for that, honey. I mean wow,
- 15:43But I think you're right. I think it's like, look beyond that,
- 15:45look beyond the implications of this, you know, add our entertainment, you
- 15:50know, people doing things that are a little on the edge, that that's
- 15:54what pushes technology boundaries, that's what people like to you know, it's worth
- 15:58taking a risk for I suppose some of the you know that maybe the traits
- 16:02that make us human beings, you could argue. But what's interesting is what
- 16:04comes next, What comes next to make this something that you me other people
- 16:11might be interested in. And I think you hit the net on the head
- 16:12when you're talking about you know, I'm not a massive cook, but I
- 16:15can. I can get the whole idea of chefs doing this and musicians doing
- 16:19this. It feels like it's a really good opportunity for creators to have some
- 16:23control and some surety around their earnings as well. And I don't see that
- 16:29that is a bad thing. You've got to have a viral moment for any
- 16:33of these things to get big enough to draw in the rest. So one
- 16:37of the things that only one is doing this is Charlotte Parks. She is
- 16:41kind of the front face of where this is going. We're gonna play a
- 16:45clip for this one. Take a look. Excuse me? What do you
- 16:49do for a living? Do you want to toll on my house? And
- 16:52you can guess what I do? Oh? Yeah, so this is my
- 16:55house. You're welcome. Okay, So we have this multial little comeback Gayly,
- 17:00Well, what's that penguin thing? Yeah? What is that? Oh?
- 17:03It's my little podgy penguin. I'm an only one model, which means
- 17:07you can buy spicy pictures of me with cryptoe How do I do that?
- 17:10Just click the link above in my Instagram bios. But that's a viral moment?
- 17:15Is that a viral moment? Are we going to see something explode here
- 17:18with projects like this? I don't know that that's a viral moment. I
- 17:22think that we have to be really careful. And you've done these videos and
- 17:26I watch them when you're talking about celebrities coming in and crypto coins and what
- 17:30they're actually doing for the space and if they're adding value. So I think
- 17:33some of this will be maybe viewed with some cynicism, even with people within
- 17:38our space to understand what we're doing is like a bit of a cash grab.
- 17:41And you mentioned Patreon, and I think that that's the point, isn't
- 17:45it. It's it's got to be Patreon but better. And so if it's
- 17:49combining Patreon with a far caster, combined with a TikTok, and it's got
- 17:53a crypto element to it, that becomes exciting. I you know, content
- 18:00of a certain ilk can help drive some initial interest, but I think there's
- 18:07that kind of content everywhere, right, so there has to be something that's
- 18:11delivering value. And I think we're all more than like a couple of things,
- 18:15right Like we might like pets, or we might like cooking, or
- 18:18we might like sports. But it's that taking people from one type of content
- 18:22and pulling them into another mass content. And I do think sports is a
- 18:27really untapped area because that's something that people are super passionate about, whether it's
- 18:33the commentary, whether it's the athletes, whether it's the insights. So music
- 18:38sport. I will start to believe it when I see maybe another sort of
- 18:42the entertainment industry sectors joining this kind of platform. I think speaking of that
- 18:49on competition, this is another project that is doing just that, where they're
- 18:55kind of competing two projects against one to kind of get to the point of
- 19:00a date. I want to play a clip for you to show you.
- 19:03Take a look. We're back with Love on Leverage Challengers Edition. Basically one
- 19:07star, We'll go on two dates simultaneously using our Versus token. We'll launch
- 19:11a token for each date. Does the two compete for approval? Here's the
- 19:15catch. Effectively, you'll be able to control the mute button by pumping or
- 19:18dumping each date's token. At the end, the star will pick her winner,
- 19:23and all losing cocing liquidity gets pumped into the winning token. Weekly episodes
- 19:27happening all summer. The audience is on fire because we are talking about the
- 19:33dating landscape. If there's a stupid dating story out there, I absolutely have
- 19:38it. I've been swindled, I have had like a twenty four hour relationship
- 19:44all of the things, so that actually, yeah, that's actually the girl
- 19:52that's going to be doing the dating. So now you've got tokens Web three
- 19:56tied into communities now starting to kind of create this. I don't know,
- 20:00does this go the way of, you know, Bravo's Worst show or does
- 20:04this actually do something with this versus concept sadly probably think I think there is
- 20:15break the math market appeal. I look, there was something built we were
- 20:19talking about flow earlier. There was a really cool art platform built a couple
- 20:25of years ago. Now I don't think it's the only one. It's called
- 20:26Versus, and it was brilliant because it was the and it was the comparison.
- 20:30You could it was the whale versus the masses, so the whale would
- 20:34bed on a piece of bar that the masses could have a like, you
- 20:37know, be a thousand or something. And that did really well because of
- 20:41exactly that. The gamification being able to see if you can beat somebody else.
- 20:47And I think there is a I'm not I'm really not sure where this
- 20:51one is going to go. I mean, yeah, yeah, Sarah,
- 20:56it's always fun breaking this stuff down. Thanks for being good sport on this,
- 20:59because it's you know, when we're looking at, you know, the
- 21:00evolution of Web three, you have to go into all of the places of
- 21:04where Web three is going, whether it's gaming culture, which I think is
- 21:08the biggest that is going to affect Web three, most likely it's going to
- 21:15move it. I mean, you know from your days, you know,
- 21:17working obviously at Gala and seeing all of what music was doing and really where
- 21:22the future of that is going to be going, I think is huge for
- 21:26all of this. Anyway, we're definitely going to have you back on the
- 21:27show, get you back in to do some more stuff. I think it'll
- 21:30be fun. So we'll have you back to then. Can I ask you
- 21:34if I come back, I feel like I've been here long enough now that
- 21:37I should flip some stuff back to you. I think that could be fun.
- 21:41Sure, what you got? What do you got there? Anyway,
- 21:44we're going to get you back on definitely we'll break down more Web three topics.
- 21:48Thanks for coming in today. We appreciate it. Thanks for having me
- 21:51see Sank you bet all right, So you guys are tuned in, make
- 21:53sure and get in the Diamond Circle right now. It's our own custom group
- 21:56and we've got some big news coming out this summer. You definitely want to
- 22:00be part of the Diamond Circle. It's going to reveal something pretty cool,
- 22:04so be on the lookout for that. And the way it works is you
- 22:07just join your emails. That simple, And of course if you want to
- 22:10reach me out there on Exit's at Paul Baron, we'll catch you next time
- 22:12right here on tech Pat