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I meant: there must/should be more innovative companies that are targeting more fundamental problems. Of course every company should be as innovative as maximis

I meant: there must/should be more innovative companies that are targeting more fundamental problems. Of course every company should be as innovative as maximising profit allows. To reiterate I meant there ought to be lots more companies with bigger dreams than that of Snap, no matter how innovative Snap is. That Snap IS considered one of the most innovative companies is indicative of the problem.

adventured 9y ago
Snap is only considered one of the more innovative companies in consumer facing social. That's it. There's no sense in expanding that to include everything in tech, they are not one of the top few most innovative consumer companies in all of technology. That Snap gets pegged as that, is a fake set-up to write articles that stick to a script that the writer wants to push. It's equivalent to asking someone's opinion when you've already entirely made up your mind, except in this case it has a particularly negative effect as it's being pushed out into the world as a form of media propaganda. Here's how it works (to use a famous example of this setup): we expected flying cars and all we got was 140 characters. That's a bullshit setup, it fails to even question whether flying cars make sense, and then sets up Twitter as an ideal example of today's level of innovation (which it never was). While Thiel was pushing that bogus premise, incredible innovation (both hardware and software) had occurred in mobile all around the world in a mere ten years from 2007 to 2017. Drastically improved communication, as one example, is far more important than flying cars. Innovation is so terrible today! Then hold up mediocre examples of innovation while ignoring the vast, extraordinary innovation going on (from quantum, to crispr, to AI).
Kalium 9y ago
You're completely right! There really, really should be lots more companies with bigger dreams than those of Snap. You're so right, that thousands of people agree with you, and have created precisely those companies! They tackle issues like the cost of medicine or health insurance, provisioning clean water, or improving the basic materials we make our daily items from. They're working to get more people access to high-quality therapy or trying to reduce waste in our food supply chains. Is it perhaps possible that Snap is considered highly innovative because the people granting that honor may be less than fully informed about the wide world of startups that ought to be under consideration? Perhaps the problem here is not one of what companies exist, but of publicity? To recap: you're so completely right, you've correctly described the state of the world! Well done.

adventured 9y ago

Snap is only considered one of the more innovative companies in consumer facing social. That's it. There's no sense in expanding that to include everything in tech, they are not one of the top few most innovative consumer companies in all of technology. That Snap gets pegged as that, is a fake set-up to write articles that stick to a script that the writer wants to push. It's equivalent to asking someone's opinion when you've already entirely made up your mind, except in this case it has a particularly negative effect as it's being pushed out into the world as a form of media propaganda. Here's how it works (to use a famous example of this setup): we expected flying cars and all we got was 140 characters. That's a bullshit setup, it fails to even question whether flying cars make sense, and then sets up Twitter as an ideal example of today's level of innovation (which it never was). While Thiel was pushing that bogus premise, incredible innovation (both hardware and software) had occurred in mobile all around the world in a mere ten years from 2007 to 2017. Drastically improved communication, as one example, is far more important than flying cars. Innovation is so terrible today! Then hold up mediocre examples of innovation while ignoring the vast, extraordinary innovation going on (from quantum, to crispr, to AI).

Kalium 9y ago

You're completely right! There really, really should be lots more companies with bigger dreams than those of Snap. You're so right, that thousands of people agree with you, and have created precisely those companies! They tackle issues like the cost of medicine or health insurance, provisioning clean water, or improving the basic materials we make our daily items from. They're working to get more people access to high-quality therapy or trying to reduce waste in our food supply chains. Is it perhaps possible that Snap is considered highly innovative because the people granting that honor may be less than fully informed about the wide world of startups that ought to be under consideration? Perhaps the problem here is not one of what companies exist, but of publicity? To recap: you're so completely right, you've correctly described the state of the world! Well done.