I wonder what percentage of the worlds billionaires are over 50? Over that age the ability to assimilate and do "new stuff" drops of considerably I should think, along with drive and determination as well. As the article suggests hopefully some of the Zuckerburgs and co will help remedy this.
Why is there only one Elon Musk?
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Re: Why is there only one Elon Musk?
#32I wonder what percentage of the worlds billionaires are over 50? Over that age the ability to assimilate and do "new stuff" drops of considerably I should think, along with drive and determination as well. As the article suggests hopefully some of the Zuckerburgs and co will help remedy this.
Ahem... Ray Kurzweil? Dean Kamen? and one if one stretches way back, Thomas Edison or Nikola Tesla, both who were prolific inventors and creators throughout their lifespan? There's no demonstrable evidence that innovative thinking, inventive proclivity, or capacity to innovate decreases with age.
Re: Why is there only one Elon Musk?
#33I think it's important to keep in mind that Elon Musk got to where he is today (especially financially) because of a consumer web service he helped found. I'm sure (perhaps on the more optimistic end) that more entrepreneurs would jump on his bandwagon if they had ready/easier access to the amount of capital Musk had at his disposal to invest in his "cool sci-fi shit" ventures.
Re: Why is there only one Elon Musk?
#34This post reminds me of that old joke: Husband: I am the head of the household! I determine our family's position on all of the major economic, political, and social issues of the day! Wife: I decide the little things, like where we'll live, what we'll eat, and where the kids go to school. As much as I admire the dreams and accomplishments of Elon Musk, I have trouble getting past the idea that he failed to maintain…
But the quality Musk has that almost no one in his position has is the willingness to risk it all for the dream. Musk himself almost went broke on SpaceX and Tesla. Most billionaires are into preservation of capital in a big way.
Re: Why is there only one Elon Musk?
#35I think it's important to keep in mind that Elon Musk got to where he is today (especially financially) because of a consumer web service he helped found. I'm sure (perhaps on the more optimistic end) that more entrepreneurs would jump on his bandwagon if they had ready/easier access to the amount of capital Musk had at his disposal to invest in his "cool sci-fi shit" ventures.
What he was working on is a financial service, not just a consumer web app. He changed the world by making payment and ecommerce easier. It may not be sci-fi or anything like, but what he was doing was of importance.
Re: Why is there only one Elon Musk?
#36I'll take your one Elon Musk and raise you one Richard Branson: http://www.virgingalactic.com/ http://www.virginearth.com/ http://www.virgingreenfund.com/ + Massive, continued, success in countless other markets (+ set a few personal world records)
+ Possibly the worst train company in existence
Re: Why is there only one Elon Musk?
#37Earlier quoted context omitted.
can't say this for most of the +50 I know.
The only difference between over 50 and under is that young people have more time ahead of them to delude themselves that they will eventually act on their big ideas. In terms of actually doing things, young and old people have very similar moment to moment potential.
At the company I work are 2 +50 people I work with. The dev is like "give me any programming language and I will programm with it" The admin is like "I give you the IDE I choose and you use it!"
Re: Why is there only one Elon Musk?
#38When you think of a crazy idea, out of the first few questions that come to your mind, one of them is probably, "Is this idea feasible?" To Musk, the idea of Tesla and SpaceX were both feasible, BECAUSE he had the necessary base knowledge in those areas to realize that with money, these visions could become realities. I like to think many people, other billionaires included, have had the idea of cool battery charged vehicles but without the ability to realize it is possible (aka the base knowledge), they stopped at that. Good or bad, this is most likely the reality of it.
All of that being said, I would like to see billionaires do what J.P. Morgan and George Westinghouse did for Thomas Edison and Nikola Tesla, respectively--and that is to find and fund geniuses with these revolutionary, futuristic, 'really cool sci-fi sh!#' ideas. If more billionaires sought out to find scientists/engineers working on 'the next big thing', I imagine more would happen and newer, more fascinating, industries would be formed.
My plea: If you're a billionaire who appreciates what people like Elon Musk has done/is doing but don't have the skills to do so yourself, go find more people like him (in the sense that they have crazy futuristic ideas) and help them to help the world.
Re: Why is there only one Elon Musk?
#39Re: Why is there only one Elon Musk?
#40The author is making a decent point, that out of the 1,000+ billionaires, almost none of them are trying to change the world in a majorly significant way. The vast majority are busy running the businesses that made them billionaires. Take Mark Cuban. After he sold broadcast.com to Yahoo for $5 billion, why didn't HE start a space company? Instead he started another TV channel - we already have a bunch of those. I thi…
Perhaps we just need to look more closely at the list of billionaires "running the businesses that made them billionaires"? Making a spaceship certainly sounds (and is) sexy, but those spaceships are built on top of other technologies like material science, energy storage, communications, etc (and those in turn are built on other technologies like extraction and manufacturing). I'd bet a number of those "businesses that made them billionaires" are working on that kind of tech, but those technologies don't generate the kind of headlines in mainstream media outlets like self-driving cars.
It's the difference between developing packet-switching technologies and Google fiber. You can't have one without the other, but only one sounds exciting.