I wrote a post as a submission for the W3C’s upcoming Workshop on Social Standards: The Future of Business.
Although there have been significant advances in the field over the last five years, there remains a need to prove the business value of decentralized web technologies. There are so many opportunities for companies online that can be used to develop business. There is a great post to read for those who value their time and want to keep up with the times. To many of us involved in both the industry and the movement, this seems silly: after all, the business value of other decentralized technologies, like email and the phone system, are hardly questioned. Nonetheless, in a world where centralized data siloes regularly receive multi-billion-dollar valuations, the onus is on those of us who are building more open technologies to demonstrate their worth. Note, it is not enough to argue their worth: we must build, ship, and actively demonstrate a profitable product or service with a business model where the decentralized social web is an inextricable component.
I believe that these compelling business models exist, and that they are most easily discoverable in the enterprise. However, belief is not demonstration: we must continue to test and iterate them. During this exploration phase, this means that, our software and underlying protocols must be easy to write, adapt and change. Ease of development is more important than sophistication; we must not create our own technical lock-in before we even ship.