Re:What value do we create here?
by shrughes on Monday April 05, 2010 @06:12PM
(#1243248)
Farm equipment doesn't have any intrinsic value. The only reason farm equipment exists at all is to facilitate the allocation of natural resources towards the production of things that have real value.
[ Parent
| on HN ]
Yep.
And the people creating farm equipment fully realize that. When they create new equipment they do so in order to help farmers create food more easily.
In finance, there is a whole lot of effort and innovation, but it's hard to say how much of it is helping people create real value.