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Frankly, I've become very wary of "real" innovation, the kind of "disruptive" innovation that the VCs chase after. All too often, that kind of innovation involv
by jdietrich 8y ago
Frankly, I've become very wary of "real" innovation, the kind of "disruptive" innovation that the VCs chase after. All too often, that kind of innovation involves my data being winkled out of me and sold to the highest bidder. It involves some schlub working for minimum wage with no benefits and no job security. It involves a diverse and competitive industry being obliterated by one or two dot-com behemoths. It involves one thing becoming more efficient, at the expense of thousands of lives becoming less autonomous.
Innovation has always had externalities and unexpected downsides, but never in my lifetime has it felt so overtly predatory. It seems like the robber barons of the 19th century have returned, only this time they wear branded hoodies and give TED talks. One of those robber barons literally argues that monopolies are good for society.