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.
Talent is everywhere, opportunity is not
41–50 of 350 posts
Re: Talent is everywhere, opportunity is not
#42Earlier quoted context omitted.
That doesn’t sound far fetched tho, which would be the main requirement
What is far fetched in your opinion?
Re: Talent is everywhere, opportunity is not
#43Imo 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.
Easy, tiger. Maybe you can show off your big-boy wisdom by suggesting a better idea rather than just shooting this one down.
Re: Talent is everywhere, opportunity is not
#44Earlier quoted context omitted.
I suspect it another millenial fantasy much like basic income et al I suspect giving people with no life experience, exposure to failure or real life dynamics will end badly. The single digit number of success stories in limited domains aren't representative of any real meaning
Giving people money at minimum redistributes wealth, so it cannot possibly be any worse, than letting wealth concentrate.
If some people can't accumulate something they can't do bigger things as creators or create bigger markets as consumers.
Re: Talent is everywhere, opportunity is not
#45Earlier quoted context omitted.
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
Wouldn't that follow from the fact that there are way more people concerned with the state of education (because everyone must be educated) than there are people who have ideas for far fetched science research and companies? Education is viewed (rightly in my opinion) as an intrinsic good. Somebody's far fetched idea for a company isn't.
Re: Talent is everywhere, opportunity is not
#46Earlier quoted context omitted.
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.
> Unbelievably childish idea Easy, tiger. Maybe you can show off your big-boy wisdom by suggesting a better idea rather than just shooting this one down.
Re: Talent is everywhere, opportunity is not
#47Opportunity is often missed because it looks like work.
Man that is 180 degrees from my perception. Opportunity is often declined because a failed inventor (and most inventors fail) looks like someone who got nothing done. It looks like non-work.
Upper-middle class westerners can get away with this, because they've got enough capital to weather the period of speculative effort, and when it fails, they've got enough connections to get paid employment afterward.
A poorly capitalized, poorly connected person who messes around in a shed for two years and produces a pile of non-functional junk has a much harder time getting back into the game afterward, and they know this going in.
Not everyone can afford to be seen failing.
Re: Talent is everywhere, opportunity is not
#48Imo 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…
Re: Talent is everywhere, opportunity is not
#49How 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.
Everything is a hassle. Building permits, operating licenses, legal compliance, etc. All those things arguably exist for good reasons, but it's a huge hurdle to doing anything useful. I can't have a 20 foot radio tower in town, I can't subdivide smaller than 10 acres outside of town, I can't build any facility out there to operate the experimental tower without building permits, radio licenses, compliance with tracki…
Not only are hurdles a pain, they’re not easily understood.
Edit: beetle juice, not goosebumps
Re: Talent is everywhere, opportunity is not
#50Earlier quoted context omitted.
Well the US is the major superpower in good part because of Cisco, Bell Labs, Fairchild, Intel, Apple, Lockheed, Google etc.
Are we speaking military expenditure, basic research, or entrepreneurialism? I'm also uncomfortable of this suggested idea about American exceptionalism. We have been bested by foreign competition despite our superior economic resources and liberty. I mean, we had to completely begin shifting gears away from public, politicized development in the launch market when our best option became hitching rides with one of ou…