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Steering Innovation Toward the Public Good
- verdverm 5y agoDefinitely the rhetoric of a politician. I'd like to hear his thoughts on Elon's "we need a garbage collector for regulation" commentary
- jokethrowaway 5y agoJust because some (often already rich) people are capable to funnel some of the money out of governments, it doesn't mean that governments are supporting innovation. This mechanisms just enable more government corruption and shady deals done by people who acquired power in the government. I think VC and private investors are a much healthier mechanism than stealing money with taxes under the threat of violence (of which the government holds the legal monopoly) and then redistributing it to "random" people. On building roads and infrastructure: are we sure that money was a good investment? I would be curious to see a world in which railtracks and trains won over interstate motorways and trucks. Maybe we would have already green electric trains instead of trucks burning oil and a population dependant on cars. Maybe we would have smaller cities where people can just walk wherever they need to, most of the times. Maybe we would be more dependant on local produce over stuff imported from far away. We will never know.