IMO the whole VC model is totally ass backwards. Spend money on infra (direct thing we want) or UBI, and let actual demand drive the investment. Whether it's i

IMO the whole VC model is totally ass backwards. Spend money on infra (direct thing we want) or UBI, and let actual demand drive the investment. Whether it's innovation grants or QE-driven VC, this is just supply-side bullshit making Frankenstein unprofitable hypeups. If materially content Europeans don't wanna buy more money, that's great! Just keep on reducing working ours until it's clear what needed to be automated, and send the engineers to work on that. FAANG envy is depressing and pathetic.