Its a world out of balance. Problems fester if there is no money in solving them, which seems to be the case for vast parts of our experience. Yet talented and eager people are unemployed, or their efforts are thrown away in endless churn.
Its a systemic failure of the organizational networks and legal structures that should bring people together, with the right incentives, to develop lasting solutions. People dont need billions to get incentivised. There is nothing wrong with building a small company that fits a niche. The unicorn mania is deeply sick.
There is so much knowledge nowadays, so much talent - before we even get to augmented powes using tech - that the situation will start bordering on the insane.
The challenge is that financial-economic systems are so tightly tied to power that they cant evolve. What is clearly needed in many parts of the world, and definitely in silicon valley, is to dismantle the adulation of super-sized entities, ultra rich etc. and encourage a strong middle class and SME enterprize. This was always the backbone of stable and prospering societies.
Its a systemic failure of the organizational networks and legal structures that should bring people together, with the right incentives, to develop lasting solutions. People dont need billions to get incentivised. There is nothing wrong with building a small company that fits a niche. The unicorn mania is deeply sick.
There is so much knowledge nowadays, so much talent - before we even get to augmented powes using tech - that the situation will start bordering on the insane.
The challenge is that financial-economic systems are so tightly tied to power that they cant evolve. What is clearly needed in many parts of the world, and definitely in silicon valley, is to dismantle the adulation of super-sized entities, ultra rich etc. and encourage a strong middle class and SME enterprize. This was always the backbone of stable and prospering societies.