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It seemed to me that the web would be a big deal [...] If I wanted to get rich, here was the next train leaving the station. What other trains have left the st
by Tycho 6y ago
It seemed to me that the web would be a big deal [...] If I wanted to get rich, here was the next train leaving the station.
What other trains have left the station? What ones are leaving now? I'm referring to growth areas that are not 'winner takes all' and do not require extreme ability/talent to get into. The ones that come to mind are:
- smart phone apps when the iPhone first launched
- crypto currency mining/speculation (still ongoing I suppose)
- maybe some period 2005-2015 when there were still many novel and lucrative applications of machine learning to try out?
- _xander 6y ago*[nascent] EVs and autonomous driving *[departing now] ecommerce economy *[departing now] ESG investing *[departing now] derisking semi-conductor supply chain *[departing now] activist / populist retail investing (e.g. Gamestop) But, as ever, the challenge really is the imbalance between labour and capital. All these opportunities are easy to invest in but difficult to get rich from if all you have is your labour. Appstores are saturated, ML labour market is terrible outside of a few pockets of excellence, etc.