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There are a lot of green field opportunities out there — technologies and solutions that will exist but which will need significant capital to get there. I thin
by rdlecler1 8y ago
There are a lot of green field opportunities out there — technologies and solutions that will exist but which will need significant capital to get there. I think in 10 years from now we’ll look back on today and say that we were vastly underinvesting in technology and being too conservative given the size of the opportunity to create category defining companies from scratch.
- melling 8y agoYou could have made the same statement any time in human history. Everything humans now know could have been learned hundreds of years ago if we’d had invested more in science and research. The technology of the early 23rd century, for example, could be obtained in 50 years with more investment in R&D today.
- rdlecler1 8y agoOf course we could have sped up the rate of innovation with more investment but would have been economically viable. I’m specifically referring to investment by venture capital and the positive returns that will be generated over the next decade.
- MadSudaca 8y ago> You could have made the same statement any time in human history. How are you so sure of this? To me it sounds too optimistic. It implies that we have been in control for the extent of our history, and I think this couldn't be farther from the truth. In fact, even today I'm feeling a bit pessimistic regarding our ability to overcome challenges such as changes in social dynamics and known/unknown threats introduced by technology.