Earlier quoted context omitted.
> It's a shame to waste an elite education on people who do not serve society. Have you considered that you may not be as good as you think at predicting the needs of society? Based on past experiments, it seems that the market does a pretty good job of predicting what society actually wants and needs, whereas enlightened do-gooders aren't as good as they think. The upside is that there is lots of cheap soviet surplu…
> Based on past experiments, it seems that the market does a pretty good job of predicting what society actually wants and needs, whereas enlightened do-gooders aren't as good as they think. I would love to see those studies! I'm struggling to imagine how you'd even find a random sample of do-gooders, let alone measure their effect on their communities.
Of course, a whole lot of poor people (probably the other 5/6 bn) won't be affected immediately but some years later they also start benefitting and today it's almost a (used) 100$ laptop per child equivalent (except for the poorest).
You can argue the same way about mpesa, bitcoin and other innovations/products.
Do charities have a similarly fantastic metric?