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Yes, this! Too many entrepreneurs are building things people like to use, instead of things people need. What if there was a committee of experts -- leaders in
by stvswn 10y ago
Yes, this! Too many entrepreneurs are building things people like to use, instead of things people need.
What if there was a committee of experts -- leaders in the field -- who decided what startups got investment? They could truly weigh the cost-benefit analysis.
Of course, it would only work if there were some enforcement mechanism. So unauthorized coding would need to be outlawed. At least you couldn't spend any money on it.
We'd have to pick the right experts, too. That shouldn't be too hard, we could start right here on HN! Lots of smart people. The free market is so random, amoral, and inefficient. Obviously a group of well-educated, experienced software engineers could allocate labor way more efficiently.
This can't fail. When we get the pesky market out of the way, the sky's the limit! Progress together! History marches on!
- andrepd 10y agoI'd say that's a tad overreactionary, but whatever strawman you feel like knocking down, man. I guess actually refuting my point would be too great a strain on you.