Universal Basic Income Will Accelerate Innovation by Reducing Fears of Failure

Re:Universal Basic Income Will Accelerate Innovation by Redu... by eli_gottlieb on Thursday December 01, 2016 @05:37PM (#13084226)

>Anybody can be 'possessed' by an idea, but it is clear that Silicon Valley has too many smart and well educated people wasting their time on trifles, their choices significantly retard what ought to be natural advantages.

Look, I like criticizing Silicon Valley for its ad-dollar silliness as much as anyone else, but that's fundamentally down to what VCs and angel investors are willing to fund. Everyone would work on Mars colonization, self-driving cars, and artificial intelligence if they could. Nobody pays you for that, though.

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Re:Universal Basic Income Will Accelerate Innovation by Redu... by internaut on Thursday December 01, 2016 @06:25PM (#13084590)

That has something to do with it.

However I notice we have a lot of billionaires and millionaires in comparison to the former centuries. Not many Renaissance Men or aristocratic scholar-patrons (think Lord Asriel from HDM) though. The groups aren't special either. The modern cliques of the rich and powerful I see today are pathetic in comparison to the likes of the Royal Society or the Lunar Society.

Imagination and implementation of the new is hard, but is also a cultural issue. Today I think many people are convinced the low hanging fruit is picked and what remains is the difficult stuff that shall require large sums of capital and decade long education to solve for X.

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