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Talent is everywhere, opportunity is not

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Re: Talent is everywhere, opportunity is not

#181
post #36

Earlier quoted context omitted.

Giving people money at minimum redistributes wealth, so it cannot possibly be any worse, than letting wealth concentrate.

>Giving people money at minimum redistributes wealth, so it cannot possibly be any worse Of course it will. Basic income is so expensive that the wealth don’t have enough to take to fund it. It’s going to require massive taxes in the middle class that result in a quality of life loss.

I think the parent is a variation on the "poor should stay poor, rich should stay rich" argument. With the poor not mentioned, and implicitly not counted.

Any cash given to the poorer classes and taken from the middle classes likely has greater quality of life value to the poorer classes - because it would be used for things that are more essential to life.

This means the quality of life loss to the middle classes is more than offset by quality of life gain to the poorer classes. And the poorer classes have many more people.

By some ethical standards, this makes it unequivocally beneficial to redistribute.

(I don't actually agree with that approach, because money in some hands is more potent for creating benefit to others, than in other hands. But I think the parent's argument, that it's bad because the middle class would suffer, is essentially a "poor people don't matter" argument.)

Re: Talent is everywhere, opportunity is not

#182
post #163
post #141

Earlier quoted context omitted.

Think your solution ends up being a lot more exploitable/costly than basic income

I see no relation between them and at $30B a year, that’s $10/m per American or smth, so... no?

Your 30B number is assuming perfect efficiency. You're not accounting for having to go through thousands of prototypes of perpetual motion machines

You might as well've said "The patent office should grant 1M alongside every patent it grants"

Re: Talent is everywhere, opportunity is not

#183
post #63

Earlier quoted context omitted.

> talent (n.) > late 13c., "inclination, disposition, will, desire," from Old French talent (12c.), from Medieval Latin talenta, plural of talentum "inclination, leaning, will, desire" (11c.), in classical Latin "balance, weight; sum of money," from Greek talanton "a balance, pair of scales," hence "weight, definite weight, anything weighed," and in later times sum of money," from PIE *tele- "to lift, support, weigh,…

Maybe I am missing some subtleties, but why is talent not money? >The Homeric talent "as money" was probably the gold equivalent of the value of an ox or a cow.[2] Based on a statement from a later Greek source that "the talent of Homer was equal in amount to the later Daric [... i.e.] two Attic drachmas" and analysis of finds from a Mycenaean grave-shaft, a weight of about 8.4 gm can be established for this money ta…

It was a (rather heavy) weight, and only a unit "of money" by extension.

A Homeric talent was a unit of weight, hence the half-talent "of gold" as a prize. A talent of silver would weigh the same but have less value.

The Hebrew "talent" (kikar) was also a unit of weight.

The later Latin talentum borrowed the existing weight measure and the Greek word τάλαντον and by the time of the parable of the talents, this word already carried the rather heavy meaning of "58.9 kg." (from your link above).

So a talent in the modern metaphorical sense of "talented person" means a person carrying a heavy weight, and a heavy responsibility. If a single talent is almost 60 kg, imagine the unlucky person with five talents placed on them! Perhaps it would be better to have a genius than to be talented, though neither one makes you rich.

> For the kingdom of heaven is as a man travelling into a far country, who called his own servants, and delivered unto them his goods. And unto one he gave five talents, to another two, and to another one; to every man according to his several ability; and straightway took his journey.

The only thing we can say with confidence about these "goods" is that they were heavy, and not necessarily something you want... especially if they are to be repaid "with usury" at some future undisclosed time of reckoning, as in the story!

Re: Talent is everywhere, opportunity is not

#184
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…

>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.

The problem is that people are smart. This kind of policy would be gamed in no time.

>If 30K -mostly students- a year get a mill to develop their thing

Today there may be 30k smart, ambitious students with a great idea. With your policy there would be 30k smart, ambitious students and 10 million others pretending to be.

Re: Talent is everywhere, opportunity is not

#185
post #43

Earlier quoted context omitted.

> 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.

The big boy wisdom is that most social problems are probably not solvable. And that’s why they remain problems.

Because they are not solvable? Or because big boy wisdom says they're not solvable? I would say the cynicism of the latter is indeed a large part of the problem.

Re: Talent is everywhere, opportunity is not

#186
post #80

Earlier quoted context omitted.

It depends on social pressure. For places like Silicon valley, the ultimate status symbol is being a founder, which inherently involves inventing (what a founder would call) important stuff. It's similar in Israel. Heck, there, startups are struggling to scale becuase everyone wants to be a founder.

I don't agree that founders are unique in inventing "important stuff". In reality, most important inventions, are efforts of large groups of people(that may be distributed across organizations), and most of it is work - not coming up with a "great" "vision". // Everyone wants to be a founder Well, you know the song "asiti": https://m.youtube.com/watch?v=x6ezbFpkGlw It's on Hebrew, but it basically talks about the Isr…

>I don't agree that founders are unique in inventing "important stuff".

Not what @aripicker claimed: "... being a founder, which inherently involves inventing ..." No mention of uniqueness.

Re: Talent is everywhere, opportunity is not

#187
post #59

Earlier quoted context omitted.

Yes I did, and no you did not. You made a drive-by shoot-down of an innocent idea without suggesting a better one or giving a single valid reason why you feel the idea is bad. If you don't have something to say that will improve the situation then maybe you should not comment.

The idea is bad because you just created an involuntary venture capital fund by taking money from people that didn’t necessarily want to “invest” it. It’s also a bad idea because we already have venture capitalist who fund “far fetched” ideas using money from willing participants rather than the public coffers. If you want to encourage more innovation, cut taxes on investment and capital gains to make it cheaper to i…

You made a couple good points. Now we're having a conversation!

1. You don't have a choice about investing in the future of your own country. You do that when you pay taxes. Like it or not. It does not matter.

2. Venture capitalists do not fund far fetched ideas, they FOMO lemming-like fund whatever every other idiot is already funding.

Lots of people in favor of UBI simultaneously hate the idea of merit-based "big money" grants for ideas. Maybe because they don't want public opportunity programs to dry up the pool of broke-ass idealistic post-docs with big ideas and no chance to ever see any of them get funded.

Re: Talent is everywhere, opportunity is not

#188
I have tech talents that maybe a few thousand people in the world have, and research ability to move the needle (maybe even novel ideas in the field, if you ask me).

I can't work in academia (no Ph.D), find capital (no connections), and the software job market is a crazy stupid PITA (no thanks).

I know it's me, that I can have what I want if I really go for it, and that is what I do by living simply and continuing my work.

But it would be swell if it was easier to be seen, at such a high level. I would gladly teach, if offered the role.

Basically, it should made way-too-easy for obviously talented, experienced, people to find some kind of work in teaching or civic developments.

Re: Talent is everywhere, opportunity is not

#189
post #157
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…

Actually I think creativity and innovation is best stimulated under limitations and constraints, not with blank checks

I think it depends on the constraints, and what kind of innovation you hope for.

If someone is working at a job most hours, most the remaining hours caring for family, constantly having to chase more work because they are on the breadline, mentally stressed all the time, never getting enough rest and sleep because of the demands on them, cognitively impaired by stress and malnourishment, they may have lots of creative and innovative thoughts, they can be stuck for decades unable to build a prototype due to lack of time, energy, and a place to build it.

(Little web-based things may be a relative exception, because people can do those at home, on the side, and while looking after others. Maybe that's why we have so many of them, and so many people trying to make more.)

Aside from personal circumstances, at the business level, there is a reason investment is done in business growth, and why many businesses try to borrow, rather than waiting to save up the cash for new investments.

For some things, development just stalls without resources and breathing room.

Even when successful, it can be greatly slowed.

Re: Talent is everywhere, opportunity is not

#190
post #182
post #163

Earlier quoted context omitted.

I see no relation between them and at $30B a year, that’s $10/m per American or smth, so... no?

Your 30B number is assuming perfect efficiency. You're not accounting for having to go through thousands of prototypes of perpetual motion machines You might as well've said "The patent office should grant 1M alongside every patent it grants"

It should be pretty close to a math function. It must be 10x something great. If it’s supposed to 10x the speed of human travel, and there’s some plausible reason to believe there’s a chance it’ll work (TBD what exactly that is) then it gets funded.
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