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> the availability of capital or lack thereof is the main catalyst in this equation not technology. You mean if you can't afford a computer and an AWS account
by landryraccoon 11y ago
> the availability of capital or lack thereof is the main catalyst in this equation not technology.
You mean if you can't afford a computer and an AWS account you can't get started? Sure, maybe not, but it's a far cry from the capital you needed in the 1960s to get started. I bet a lot of the readers of this forum know people personally that have made a million dollars or more with their laptop (to a first order approximation).
- MawNicker 11y agoMost of those people received educations costing upwards of $60,000.
- deleted 11y ago[deleted]
- bespoke_engnr 11y agoI love HN as much as the next person but suggesting that the people who hang out here are somehow representative of anything except for the most lucky, wealthy, and privileged members of our society seems a bit strange. The point you're making about tech startup costs is true, of course, although it looks like statistically speaking the chances of hitting it big are only slightly better than 'will become a famous singer' or 'will play for the NBA.' But even if we assume that an average human with a laptop and AWS can now make it big, it seems like in the meantime so much of the other things that working-class people had going for them in the 1960s -- being able to support a family on construction wages, for example -- are gone.