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In some way, neither one project fails entirely - as it serves to distributes wealth from those that have too much to those that do not have enough. In some se
by NiceWayToDoIT 6y ago
In some way, neither one project fails entirely - as it serves to distributes wealth from those that have too much to those that do not have enough.
In some sense it would be even better for society if those who have lot of wealth risk even more into wild ideas and moonshot projects.
- ozim 6y agoBut that is a broken window fallacy. It would be better for everyone if those who have a lot of wealth invest in useful projects.
- NiceWayToDoIT 6y agoWhat is definition of useful? Many successful projects are not necessary useful, but still they create wealth, and many useful project never succeeded to make money to become sustainable... For example many paintings have huge price tag, and we could live without them. Many CO2 removal could devices are very useful but not financially sustainable ...
- ozim 6y agoLet's skip "useful" and just go with projects that earn money for the person that invested in it. Then that person earns more and can hire 2 more devs or 3. When project fails devs have to search for new jobs and investor is probably not going to spend his money as easy again.