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Ask HN: Which industry will most likely produce the first trillionaire?
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Re: Ask HN: Which industry will most likely produce the first trillionaire?
#2Jeff Bezos was right around the corner in 2017 per this article: https://www.cnbc.com/2017/07/27/richest-man-alive-jeff-bezos...
Re: Ask HN: Which industry will most likely produce the first trillionaire?
#3Jeff Bezos was right around the corner in 2017 per this article: https://www.cnbc.com/2017/07/27/richest-man-alive-jeff-bezos...
He is certainly well positioned, but Amazon is already 23 years old, industrial cycles tend to shorten and he himself anticipated the death of his own company.
Re: Ask HN: Which industry will most likely produce the first trillionaire?
#4Jeff Bezos was right around the corner in 2017 per this article: https://www.cnbc.com/2017/07/27/richest-man-alive-jeff-bezos...
Yes but he was divorced this year. https://www.cnet.com/news/amazon-ceo-jeff-bezos-140b-divorce...
And cashing out a billion dollars a year (over one percent of his net worth at the peak) to spend on rocket ships has got to put a dent in his earnings growth.
Re: Ask HN: Which industry will most likely produce the first trillionaire?
#5Sex robots. Disrupting the power of women in the sexual marketplace is bound to yield unprecedented profits.
Re: Ask HN: Which industry will most likely produce the first trillionaire?
#6Honestly, probably something finance/investing-related. It's one of the only industries where profits can be pretty much completely divorced from the value actually created for customers, so there's basically unlimited upside. Everything else ends up somewhat limited by GDPs, population, or anti-trust regulations.
If someone figured out a way to accurately predict market trends in a positive-ROI scenario, they could become a trillionaire without ever having to do all the pesky parts of actually creating a sustainable business.
Re: Ask HN: Which industry will most likely produce the first trillionaire?
#7Asteroid Mining
Re: Ask HN: Which industry will most likely produce the first trillionaire?
#8What about Healthcare ?
Massive and still highly inefficient industry here.
Re: Ask HN: Which industry will most likely produce the first trillionaire?
#9Honestly, probably something finance/investing-related. It's one of the only industries where profits can be pretty much completely divorced from the value actually created for customers, so there's basically unlimited upside. Everything else ends up somewhat limited by GDPs, population, or anti-trust regulations. If someone figured out a way to accurately predict market trends in a positive-ROI scenario, they could…
Seems relevant.
Maybe some kind of global financial technology company such as Ant Financial.
Re: Ask HN: Which industry will most likely produce the first trillionaire?
#10Sex robots. Disrupting the power of women in the sexual marketplace is bound to yield unprecedented profits.
Only when such robots pass the Turing test.