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Why not? He would have another idea and try to get another reward for that. If it's the biggest possible reward that you can get, and you have an idea, why woul
by TFYS 5y ago
Why not? He would have another idea and try to get another reward for that. If it's the biggest possible reward that you can get, and you have an idea, why wouldn't you try to implement it? The rewards for a successful business 50 years ago were much smaller than they are today, yet people still created businesses, because it was the best reward you could get. They didn't have an idea and abandon it because the biggest possible reward was 1 million instead of 100. Biggest possible rewards 50 years from now could be much bigger, so why do people innovate now?
- whitepaint 5y ago> If it's the biggest possible reward that you can get, and you have an idea, why wouldn't you try to implement it? Because it takes lots of work, risk, and sacrifice. If rewards are small (which, obviously, they would be in your scenario where people pool their money together to reward someone), then why take on such difficult task? I know I wouldn't be trying to do any business in your system. Many wouldn't.
- TFYS 5y agoThe rewards don't have to be small if everyone in the country participates in the pool through taxes. Maybe not in the billions like in the current system, but plenty big enough to encourage people that have ideas. The risk part is a problem, I agree. If the risk is larger than the potential reward, it isn't worth it. The risk should somehow be collectively handled as well.