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Indulged in the picture of financial boom, yet forgot the havoc raged by the greed? Modern financial is rarely useful for society. Even the VC community largely
by justicezyx 6y ago
Indulged in the picture of financial boom, yet forgot the havoc raged by the greed? Modern financial is rarely useful for society. Even the VC community largely becomes rent seekers who monopolize new entrepreneurs, instead of really taking high impact long term bet.
Jack Ma appears mixing modern tech with his own idea about the financial system. Watching his onstage chat with Elon Musk and WAI 2020 shows that he is not interested so much of using tech to innovate, and his true interests might be in using tech to manage and control. Not too surprising for a tech baron raised in a totalitarian country.