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What a silly idea of entrepreneurship. The profits are a tiny percentage of the actual wealth entrepreneurs bring to the rest of the people. There's only limite
by pravinva 8y ago
What a silly idea of entrepreneurship. The profits are a tiny percentage of the actual wealth entrepreneurs bring to the rest of the people. There's only limited resources and anyone who re-arranges them profitably have sply made all of us richer. The cumulative benefit of an Amazon to consumers must be in the trillions in the next decade or so
- greglindahl 8y agoTo put space launch into perspective: the fraction of a satellite's cost that is the launch ranges from 1/10 to 1/3, and only a small amount of that is launch profit. Meanwhile, cheaper launches means there's cheaper consumer prices for satellite Internet and more satellite TV channels, in addition to more earth observation satellites. And more earth observation satellites means we have better weather and climate prediction, better disaster recovery, more safety for boats and planes, and less inexpensive communications in rural areas. All of these are excellent things for humans, and all of these get a little better as launch costs fall.
- zeth___ 8y agoWhat is your definition of benefit? Pushing workers to pee in bottles is not a cumulative benefit to humanity.