{"id":106311,"date":"2025-10-30T16:41:10","date_gmt":"2025-10-30T16:41:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/106311\/"},"modified":"2025-10-30T16:41:10","modified_gmt":"2025-10-30T16:41:10","slug":"its-time-to-build-the-intention-economy-online","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/106311\/","title":{"rendered":"It\u2019s time to build the intention economy online"},"content":{"rendered":"<p>Stay informed with free updates<\/p>\n<p class=\"article__content-sign-up-topic-description o3-type-body-base\">Simply sign up to the Technology sector myFT Digest &#8212; delivered directly to your inbox.<\/p>\n<p>The World Wide Web has done what its clunky name describes: it has meshed together the digital globe. It has connected 5.5bn people, made vast amounts of information available and spawned an extraordinarily dynamic digital economy. It is now hard to imagine a world in which users could not email each other, share research on quantum mechanics or cat videos and buy a mattress topper on Temu.<\/p>\n<p>But, as its inventor Sir Tim Berners-Lee has <a href=\"https:\/\/www.ft.com\/content\/79d2d19a-08df-48fc-9a6f-a9dbef58f642\" data-trackable=\"link\" rel=\"nofollow noopener\" target=\"_blank\">lamented<\/a>, the technology\u2019s original promise of generating a creative, collaborative and universal community of users has been despoiled. Exclusionary walled gardens of content, the spread of disinformation and the rise of addictive, and often toxic, social media have all degraded the experience. Does the transformation by artificial intelligence offer the chance to reinvent the web?<\/p>\n<p>Berners-Lee certainly hopes so, as he describes in <a href=\"https:\/\/www.ft.com\/content\/13e4fad3-9fa1-4534-b84e-aafed97ae073\" data-trackable=\"link\" rel=\"nofollow noopener\" target=\"_blank\">his latest book This Is For Everyone.<\/a> In his view, AI will bring about the greatest technological shift of our lifetimes \u2014 and it\u2019s important not to mess it up. Too much talk about AI, he writes, is between the boomers and the doomers. But as he explains, the real, hard questions about AI\u2019s impact may be determined by technical issues, design choices and protocols.\u00a0<\/p>\n<p>The challenge is to turn our online attention economy, in which giant corporations battle to capture and monetise our time, into an intention economy that serves the individual\u2019s needs and preserves their privacy. \u201cFortunately \u2014 and I\u2019m very optimistic about this \u2014 the paradigm shift of AI offers us a unique opportunity to hit the reset button,\u201d he writes.<\/p>\n<p>Yet if the intention economy is to thrive it must enable individuals to control their own data. Berners-Lee favours the Fediverse, a nascent network of interconnected digital services and social media, including Bluesky, Mastodon and Matrix, that relies on open protocols. One such protocol is Solid, being commercialised by Berners-Lee\u2019s company Inrupt, which enables users to control their own agentic data pods, or wallets, and grant access to trusted services.\u00a0<\/p>\n<p>Other developers, universities and organisations are also devising ways to reimagine the web\u2019s infrastructure in the AI age. One of the best-funded is the non-profit Project Liberty, a $500mn initiative backed by the American businessman Frank McCourt. This has helped develop the interoperable decentralised social networking protocol (DSNP) that enables users to delegate and revoke access to their data for every application. Project Liberty is now working with more than 170 partner organisations, with the protocol being used by about 14mn people, according to McCourt. \u201cAgency should be returned to individuals,\u201d he tells me.<\/p>\n<p>Hailing from a five-generation construction company family, McCourt is convinced that fixing underlying infrastructure is often the most effective means of tackling surface problems. The best way to solve lead poisoning in water, for example, is by replacing dangerous pipes, not the sink and tap. Systemic change happens from the bottom up, rather than the top down.\u00a0<\/p>\n<p>As he sees it, the technology is evolving from an app-centric web to an AI-enabled agentic web and that creates white space for change. While it is hard to disrupt 30 years of entrenched technology, it is easier to design new plumbing from scratch. Berners-Lee envisages the creation of a safe, secure and personalised AI agent that will work solely in the user\u2019s interests. Inrupt is in the process of developing Charlie, as he calls it.<\/p>\n<p>Some countries, most notably India, have shown how it is possible to build alternative public digital infrastructure. The India Stack, which includes the digital Aadhaar identity system and Unified Payments Interface, has created \u201cpublic rails\u201d on which private ingenuity can flourish.<\/p>\n<p>Similarly, the EU\u2019s planned introduction of <a href=\"https:\/\/ec.europa.eu\/digital-building-blocks\/sites\/spaces\/EUDIGITALIDENTITYWALLET\/pages\/694487738\/EU+Digital+Identity+Wallet+Home\" data-trackable=\"link\" rel=\"nofollow noopener\" target=\"_blank\">digital identity wallets<\/a> by the end of 2026 provides a \u201cfantastic opportunity\u201d for Europe to strengthen the principle of individual data rights, according to McCourt. The wallets will enable users to establish their digital ID and request, store and share documents with trusted parties. \u201cEurope is in a very special place right now and can provide leadership for the world,\u201d McCourt says.<\/p>\n<p>The richer, dominant tech giants are still best placed to capture the emerging AI data economy, just as they developed ingenious ways to monetise the web. But alternative infrastructures are possible. In implementing its AI Act, the EU has been attempting to regulate the future. But by stimulating demand for user-first AI services, it can help build it.<\/p>\n<p><a href=\"https:\/\/www.ft.com\/content\/mailto:john.thornhill@ft.com\" data-trackable=\"link\" rel=\"nofollow noopener\" target=\"_blank\">john.thornhill@ft.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Stay informed with free updates Simply sign up to the Technology sector myFT Digest &#8212; delivered directly to&hellip;\n","protected":false},"author":2,"featured_media":106312,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[345,343,344,85,46,125],"class_list":["post-106311","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-il","tag-israel","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/106311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=106311"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/106311\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/106312"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=106311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=106311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=106311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}