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Talent is everywhere, opportunity is not

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Re: Talent is everywhere, opportunity is not

#2
How many talented people , in advanced economies, with good technical degrees , do take part in inventing important stuff ?

Very few.

Educating more kids and having more "ideas" won't change that.

We're not lacking ideas. We're lacking the right incentives to make ideas happen.

Re: Talent is everywhere, opportunity is not

#3
post #2

How many talented people , in advanced economies, with good technical degrees , do take part in inventing important stuff ? Very few. Educating more kids and having more "ideas" won't change that. We're not lacking ideas. We're lacking the right incentives to make ideas happen.

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Re: Talent is everywhere, opportunity is not

#5
post #2

How many talented people , in advanced economies, with good technical degrees , do take part in inventing important stuff ? Very few. Educating more kids and having more "ideas" won't change that. We're not lacking ideas. We're lacking the right incentives to make ideas happen.

Well, if governments let corporations dominate, monopolize markets they are inevitably giving up competition and therefore innovation. Forcing talented people to work on evil things that advance company's dominant position, rather than working on innovations to have a temporary edge over competition.

Re: Talent is everywhere, opportunity is not

#6
post #3
post #2

How many talented people , in advanced economies, with good technical degrees , do take part in inventing important stuff ? Very few. Educating more kids and having more "ideas" won't change that. We're not lacking ideas. We're lacking the right incentives to make ideas happen.

[flagged]

[flagged]

Re: Talent is everywhere, opportunity is not

#7
post #3
post #2

How many talented people , in advanced economies, with good technical degrees , do take part in inventing important stuff ? Very few. Educating more kids and having more "ideas" won't change that. We're not lacking ideas. We're lacking the right incentives to make ideas happen.

[flagged]

What, pray tell, is socialistic about this?

Re: Talent is everywhere, opportunity is not

#9
Imo

Education is overvalued, Capital is under appreciated,

And, Because Capital is trapped into networks, that Capital is squandered among an infinite array of companies employing the talent and producing products that don’t make you, or the planet, better, healthier, smarter or happier. (Apple’s SJ era, Google until 2014~ and Tesla fit the useful smarter happier paradigma, and not many other)

My solution is: take a piece of the federal budget and give $1-3MM to anyone with a far fetched idea that has a prototype to back it up. No long processes. If 30K -mostly students- a year get a mill to develop their thing, I suspect we would find ourselves way into the future in just a decade. And that’s just $30-90B/y

Re: Talent is everywhere, opportunity is not

#10
> list of innovations we need is long

but subsequent included nothing vis-a-vis the expensive, industrial lifestyle we have these days. It is unfortunate that cultural innovation doesn't make the list, since it would go a long way toward address some pertinent problems

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