News for hackers. Stuff that matters.
Re:Tesla Makes More Money Trading Bitcoin Than Selling Cars by amelius on Thursday May 13, 2021 @11:41AM (#27143360)
Similarly, in my professional life I'm seeing more people working on silly apps that run a filter over a selfie than people working on e.g. medical image processing or you know, stuff that is actually useful. I see businesses who write a CRUD website/app to connect contractors (read: employers) to businesses. And they are hugely successful.

I don't know but something seems wrong in the way work is incentivized. Is the market broken?

Re:Tesla Makes More Money Trading Bitcoin Than Selling Cars by misterremote on Thursday May 13, 2021 @11:51AM (#27143499)
I’m often thinking about the same thing, but not only in tech.

Like why this photo filter app boy/girl is super rich + has a lot of free time, and my friend nurse has very little money and works all the time?

Re:Tesla Makes More Money Trading Bitcoin Than Selling Cars by ryanlol on Thursday May 13, 2021 @12:13PM (#27143848)
Because being a nurse doesn’t scale. It’s better to provide a small amount of value to 100 million people than immense value to 10 people.
Re:Tesla Makes More Money Trading Bitcoin Than Selling Cars by c22 on Thursday May 13, 2021 @01:02PM (#27144500)
It's kind of subjective to say this is better. If 100 million people had a bunch of cool image filter apps on their phone but no access to medical care the outcome is pretty clearly not better.

Perhaps it's more reasonable to say that providing a small amount of value to a larger amount of people is more profitable.

Re:Tesla Makes More Money Trading Bitcoin Than Selling Cars by ryanlol on Thursday May 13, 2021 @01:03PM (#27144512)
Luckily this isn’t a binary choice, the more profitable cool image filter app takes nothing away from healthcare.

The world is full of people who simply aren’t capable of providing “value” at scale. Odds are that society gets better outcomes when the few who can do so pursue things like silly image filter apps (and sometimes actually useful things too) over nursing careers.

Re:Tesla Makes More Money Trading Bitcoin Than Selling Cars by c22 on Thursday May 13, 2021 @01:52PM (#27145073)
This may be true today, but it is a lot easier to build a silly image filter app now than it was 10 years ago. If the incentives remain skewed in favor of "highly distributed but small value" contributions to society while the difficulty of making such contributions also decreases we may, in fact, see a shortage of nurses.
Re:Tesla Makes More Money Trading Bitcoin Than Selling Cars by misterremote on Thursday May 13, 2021 @12:34PM (#27144181)
Yeah. And I'm also thinking about the value you give to the world, you know. Like these photo filter apps. How do they improve our life here on Earth.

They rather have negative effects I would say: like a bad impact on teenager's self esteem or something like that.

But yeah, it's our society and it's values :)

Re:Tesla Makes More Money Trading Bitcoin Than Selling Cars by ryanlol on Thursday May 13, 2021 @12:53PM (#27144410)
That filter app probably makes people laugh or at least smile, that’s value right there.
Re:Tesla Makes More Money Trading Bitcoin Than Selling Cars by amelius on Thursday May 13, 2021 @01:06PM (#27144548)
The question is: should everybody pursue work that is of low value and scales well? Because that is what seems to be more and more the case.

In a way, scaling/globalism seems to be working against us.

Re:Tesla Makes More Money Trading Bitcoin Than Selling Cars by ryanlol on Thursday May 13, 2021 @01:08PM (#27144562)
For a variety of reasons most people can’t. Those who can probably should.

Let’s also not forget the possibility of highly valuable and highly scalable pursuits.

Re:Tesla Makes More Money Trading Bitcoin Than Selling Cars by amelius on Thursday May 13, 2021 @01:22PM (#27144727)
There are still two problems here:

1. People with the talent to make high-value/low-scale products (e.g. medical imaging) are working on low-value/high-scale products (silly apps). This is similar to how our brightest minds are making people click ads.

2. Apple and the HN reality distortion field make everybody (even those without the skills) believe they can become rich by creating low-value/high-scale apps.

Re:Tesla Makes More Money Trading Bitcoin Than Selling Cars by asiachick on Thursday May 13, 2021 @11:53AM (#27143532)
Making a silly app that runs a filter over a selfie is a short easy project for a medium experience dev. Making medical image processing requires way more skills and knowledge of various topics.

It has nothing to do with the market and everything to do with ease of creation.

Re:Tesla Makes More Money Trading Bitcoin Than Selling Cars by sneak on Thursday May 13, 2021 @12:02PM (#27143675)
If you can connect workers to employers in ways that wouldn't have been connected otherwise, you improve the conditions for the worker and the employer.

Don't underestimate the value and utility of CRUD apps.

Re:Tesla Makes More Money Trading Bitcoin Than Selling Cars by ajkdhcb2 on Thursday May 13, 2021 @01:17PM (#27144663)
Society has been like this for a long time.

Automation and economies of scale has made it much more efficient to produce necessities. Yet society has failed to convert that into allowing the low classes to have more free time. Everyone needs to do some useless job to survive even if there is nothing that needs to be done.

Re:Tesla Makes More Money Trading Bitcoin Than Selling Cars by amelius on Thursday May 13, 2021 @03:54PM (#27146570)
This also impacts the climate and has to be solved.