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Re:What's going on with Google robotics? by jessriedel on Tuesday November 10, 2015 @02:14PM (#10541610)
I'd say "promise of future status and material rewards" rather than "threat of poverty". The threat of poverty strongly induces very risk adverse behavior. One of the necessary conditions for a country to produce a silicon valley is that they have sufficient material wealth that poverty isn't a risk.

But yes, once you have the money and the fame, you probably won't be as driven.

Re:What's going on with Google robotics? by dmix on Tuesday November 10, 2015 @02:57PM (#10541982)
You can mitigate risk aversion with a starting in a niche market with a lot of money and demand or in a healthy market of seed capital and incubators.

Even in that context the threat of poverty still hangs as you're functioning with finite resources which are self-propagating.

It's usually a positive thing if the team can finance their own early growth - with a) a product that generates revenue or b) enough growth to appease investors without cannibalizing the teams creative freedom. Something which provides a runway and capacity to reinvest in a larger bolder vision which might take 2-4yrs.

The ROI of being self-sustainable is the founders can keep the team small, independent, and driven by their larger vision while still keeping them grounded in reality.

Early stage acquisitions have a similar downside as starting within Google, as they have to pursue their larger vision after the massive distraction of being acquired and integrated into a larger firm, which equally kills the necessary culture as pure poverty would.

Same with VC, purely gambling investors money on a long term vision usually leads to an early acquisition or late-game hail-mary focus on revenue - but unlike a small startup they will have much higher revenue requirements, which sideline any big visions

Re:What's going on with Google robotics? by antsar on Tuesday November 10, 2015 @02:52PM (#10541935)
I can't comment on how it works for companies as a whole, but it has been shown that individuals are more strongly motivated by the desire to avoid a loss than the desire to gain something.

https://en.wikipedia.org/wiki/Loss_aversion

Re:What's going on with Google robotics? by jessriedel on Tuesday November 10, 2015 @06:14PM (#10543365)
I'm familiar with loss aversion, and it's really not relevant here. (Maybe it would be if you could fall in status by not innovating, etc.)