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Talent is everywhere, opportunity is not

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Re: Talent is everywhere, opportunity is not

#21

Post by eaenki »

toyg wrote: post #18
eaenki wrote: post #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…

Capital is not underappreciated - it is hidden by owners. Because their power and wealth comes from control of a scarce, hidden resource. If everyone had access to capital, nobody would be “on top”, and that’s unacceptable to the owning classes.

Mhh, I simply suspect that a family would rather fund their son’s projects and their friends because of human’s nature, and since one can’t ask a stranger to fund him, and not everyone can be bff with rich dudes, this is probably a problem better solved by the gov

Re: Talent is everywhere, opportunity is not

#22

Post by Jonnax »

Guthur wrote: post #3
petra wrote: 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

#23

Post by cco »

toyg wrote: post #18
eaenki wrote: post #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…

Capital is not underappreciated - it is hidden by owners. Because their power and wealth comes from control of a scarce, hidden resource. If everyone had access to capital, nobody would be “on top”, and that’s unacceptable to the owning classes.

I believe they meant underappreciated by the general public when assessing differing outcomes or new policy ideas. Clearly capital owners don't underappreciate capital.

Re: Talent is everywhere, opportunity is not

#24

Post by claudiawerner »

eaenki wrote: post #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…

>Education is overvalued, Capital is under appreciated,

In today's world in which capital appears to assume an autonomous form itself, in which every goal of civil society gradually becomes subsumed under it, this statement must be read ironically - there is no other possibility. Capital can only appear underappreciated in a world truly dominated by capital.

Re: Talent is everywhere, opportunity is not

#25

Post by eaenki »

easytiger wrote: post #19
eaenki wrote: post #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…

Unbelievably childish idea which would be trivial to gamify. You only have to look at the industrialised corruption of public tenders for legitimate needs in Africa for a glimpse of human nature.

While this is just a very basic idea I put out, still, corruption is rampant everywhere anyway. I suspect it would be a net positive to have a ton of Brilliant students getting money for their projects even if half of the money are corrupted away.

Re: Talent is everywhere, opportunity is not

#26

Post by james_s_tayler »

I feel like this is stating the obvious and putting the emphasis on the exact wrong end of it.

"Oh no! Think about all the potential geniuses we are missing out on! We must be doing something wrong!"

Ok, thought about it.

My conclusion is:

"Wow, the rate of genius production has never been higher, we must really be doing something right."

Could it be better? Sure. Is it getting better? According to Factfulness: sure.

I just don't understand the ridiculous in-built assumption that we are somehow wronging society and the potential geniuses themselves by them not being in a time and a place that makes use of the quality of the substrate of those particular individuals.

Well, sorry but nature doesn't optimize for the individual, it optimizes for the whole.

You may as well get equally mad at something silly like "why doesn't everyone always roll a 6?"

Re: Talent is everywhere, opportunity is not

#27

Post by eaenki »

cco wrote: post #23
toyg wrote: post #18

Earlier quoted context omitted.

Capital is not underappreciated - it is hidden by owners. Because their power and wealth comes from control of a scarce, hidden resource. If everyone had access to capital, nobody would be “on top”, and that’s unacceptable to the owning classes.

I believe they meant underappreciated by the general public when assessing differing outcomes or new policy ideas. Clearly capital owners don't underappreciate capital.

Yes that’s what I meant

Re: Talent is everywhere, opportunity is not

#28

Post by eaenki »

claudiawerner wrote: post #24
eaenki wrote: post #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…

>Education is overvalued, Capital is under appreciated, In today's world in which capital appears to assume an autonomous form itself, in which every goal of civil society gradually becomes subsumed under it, this statement must be read ironically - there is no other possibility. Capital can only appear underappreciated in a world truly dominated by capital.

There’s way more people complaining about expensive or poor education around the world than lack of growth capital for their far fetched science research / companies

So I would deem it to be under appreciated by the general public

Re: Talent is everywhere, opportunity is not

#29

Post by criddell »

eaenki wrote: post #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…

If I had been given $1 million when I was 22 to build something, the world would have a pretty awesome Honda Civic with a flamethrower on the front, a 40" subwoofer in the hatch, and a dial to change the camber angle of the wheels on the fly.

Re: Talent is everywhere, opportunity is not

#30

Post by cwingrav »

petra wrote: 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.

(US centric comment) I'll add that we're making it less likely people will take risks and act on their ideas with student debt and a lack of healthcare. People can't take risks if they don't have a cushion to rely on and risk their lives (or face massive debt) if a non-trivial health concern occurs. Compounding this is a draw back of social programs to get people back on their feet if their risk turns south. I'm not advocating for paying for "slackers", but giving people a chance at least as good as what their parents had.
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