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And I count 13 for the SF Bay Area. This concentration of wealth generation is astounding.
by acchow 5y ago
And I count 13 for the SF Bay Area.
This concentration of wealth generation is astounding.
- Ekaros 5y agoI have long questioned what actually is "wealth"...
- kelnos 5y agoI think in this sense "wealth" is just "number of units of currency in your bank account". Perhaps you mean you question what "value" actually is? I would definitely agree with that.
- mustafa_pasi 5y agoYou should read Paul Graham's best essay[1] then. It is not the only possible definition of wealth, but I think it is a very well worded definition, that really helps give a sense of what wealth really is. [1] http://www.paulgraham.com/wealth.html http://www.paulgraham.com/wealth.html
- jollybean 5y agoProfit concentration is not the same as wealth creation in the broader sense. Google demolished the newspapers classified ads. While probably more effective than otherwise ... it didn't all come out of nowhere.
- golfer 5y agoI'd say Craigslist did more to demolish newspaper classified ads than Google.