Re:The Billionaire Behind Efforts to Kill the U.S. Postal Se...
by _emacsomancer_ on Tuesday July 21, 2020 @08:30PM
(#23912561)
> I would disagree. Billionaires and mega companies are able to pioneer and validate ideas that smaller companies may not be able to due to financial or operational restraints.
Sorry, you mean that billionaires and megacorps are able to profit off of ideas pioneered and validated by publically-funded research institutes? I don't see how their inability to do so would be a loss to society.
Re:The Billionaire Behind Efforts to Kill the U.S. Postal Se...
by isthispermanent on Tuesday July 21, 2020 @08:39PM
(#23912624)
What would be your idea to ensure scaled, cost-effective production of the ideas that come from these institutions?
And we can’t consider an idea validated until it is brought to market.
Re:The Billionaire Behind Efforts to Kill the U.S. Postal Se...
by _emacsomancer_ on Wednesday July 22, 2020 @12:18AM
(#23913875)
> And we can’t consider an idea validated until it is brought to market.
I see you've designed your test to guarantee the result you want.
Re:The Billionaire Behind Efforts to Kill the U.S. Postal Se...
by manquer on Tuesday July 21, 2020 @08:41PM
(#23912637)
You don’t billionaires to validate new ideas, and amazon was not started by a billionaire . Billionaires rarely If ever have created a brand new industry or idea to fruition
A billion dollar market is not the same a billionaire . You need the former you don’t need the later .
But once an idea is validated smaller competitors come in and start picking off verticals. Shopify and it’s 100,000+ stores are around in large part due to Amazon not only validating and producing best practices for the e-commerce model but also in building the foundational infrastructure (AWS) for smaller companies to leverage.
There are major benefits to having mega companies and billionaires around, and particularly having them in your country. Albeit, I agree, we do need to come up with a better tax strategy for the ultra wealthy.