5 ms·
How is software unique in this? Tons of museums around the world are visited by the kids of people who make 100k a year even though the average worker there is
by arandr0x 7y ago
How is software unique in this? Tons of museums around the world are visited by the kids of people who make 100k a year even though the average worker there is an unpaid intern. Do you read any news? Listen to NPR podcasts? I think NPR does pay interns, but they don't pay them millions of listeners * 50min a week of listener time * $60 an hour of average listener earnings.
What about science? If you ever benefitted from a genetic screening for any disease, your doctor made anywhere between $100 and $400 an hour, and the graduate student who discovered the function of that gene $10 an hour if you're accounting for his tuition credit. Who tells these students to stop spending 60 hours a week at the lab and start using their skills doing something people will pay for, like develop a no-palm-oil no-aspartame but-still-addictive Mars bar for 25c unit cost?
People will accept less money in exchange for doing something meaningful, like sitting in their basement painting stuff rich people will speculate on for millions of dollars after their death, or campaigning for a rich lawyer who already makes 200k and will get a good bonus post-election because he has the right party colors.
If you could literally sell meaning to people for less friction than those alternatives they'd eat it up. And they'd spend their time making money to spend it on your meaning-making money-sucking machine.
Because that's all money is for: be exchanged for things that make your life not suck. And this exchange tends to bear transaction costs.
- SI_Rob 7y ago> If you could literally sell meaning to people for less friction than those alternatives they'd eat it up. "If you want to get rich, start a religion" - L. Ron Hubbard prediction: 2020's will be a decade of hyperactive cult growth, accelerated by proliferation of private alternative currencies, loneliness and the decline in traditional religious affiliations. Patronage of the ambitiously famous will be direct and recurring, without need of branded material maguffins to mediate the transaction loop.
- sneak 7y agohttps://en.wikipedia.org/wiki/Megachurch https://en.wikipedia.org/wiki/Megachurch
- lazyasciiart 7y ago> Who tells these students to stop spending 60 hours a week at the lab and start using their skills doing something people will pay for, like develop a no-palm-oil no-aspartame but-still-addictive Mars bar for 25c unit cost? Almost everybody, whether in or out of academic science, tells them that.