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Re: "not much to invest in." - In the factory era, investing in new or better factories or stores was the usual use of excess cash. But most new industries are
by tabtab 8y ago
Re: "not much to invest in." - In the factory era, investing in new or better factories or stores was the usual use of excess cash. But most new industries are labor intensive, not asset-intensive. You can invest in start-ups, but many argue there are already too many questionable startups floating around, not unlike 1999.
- bachbach 8y agoThat is presently true but it doesn't have to be. A Silicon Valley business could start paying millions of people to perform tasks for it - like babysitting a semi-self driving car.