As I said, your viewpoint is true, which is why it's easy to believe. But throughout history, there have been many viewpoints that are true but became untenable. I think this is one of them.
As increased automation leads to fewer jobs, basic income is one way to avoid the ill effects. But the other half is entrepreneurship. Ownership. And the current system is not set up to let most people become entrepreneurs.
The other fib that rich people like to believe is that their wealth is merit-based. Again, it's partially true, so it's easy to believe. Just pluck an idea off of the idea tree, then turn your laser focus on. Grow it for ten years, and presto! Rich!
Not so easy. There's a lack of ideas, for one. It's no coincidence YC started in 2005. It was like Standard Oil starting right before the oil fields became monopolized.
Two, there's a lack of cofounders. I've been seeking a cofounder literally my entire adult life. It's possible to go through life and find zero, despite looking. And in the current system, if you don't have a parter, your options are severely limited. I know many people will disagree with this, but your disagreement matters less than the disagreement of VCs, whose money allows companies to form without turning a profit. And if your aim is to turn a profit immediately, not to grow a company, then that lack of ideas I mentioned earlier becomes a famine.
As increased automation leads to fewer jobs, basic income is one way to avoid the ill effects. But the other half is entrepreneurship. Ownership. And the current system is not set up to let most people become entrepreneurs.
The other fib that rich people like to believe is that their wealth is merit-based. Again, it's partially true, so it's easy to believe. Just pluck an idea off of the idea tree, then turn your laser focus on. Grow it for ten years, and presto! Rich!
Not so easy. There's a lack of ideas, for one. It's no coincidence YC started in 2005. It was like Standard Oil starting right before the oil fields became monopolized.
Two, there's a lack of cofounders. I've been seeking a cofounder literally my entire adult life. It's possible to go through life and find zero, despite looking. And in the current system, if you don't have a parter, your options are severely limited. I know many people will disagree with this, but your disagreement matters less than the disagreement of VCs, whose money allows companies to form without turning a profit. And if your aim is to turn a profit immediately, not to grow a company, then that lack of ideas I mentioned earlier becomes a famine.