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From another point of view, our society has major market inefficiencies around resource allocation that we need to figure out. As a society, we absolutely need
by mch82 5y ago
From another point of view, our society has major market inefficiencies around resource allocation that we need to figure out. As a society, we absolutely need a free and open web (modern telecommunications). We also need other things like agriculture, energy, medical tech, sanitation, transportation, and education. Yet we pay people the most to work on ad tech. This is a major, generational problem.
Edit: I think we may be starting to figure this out. Google is slowly starting to charge for more services. Even Facebook is looking to introduce paid products (Quest). People are also learning from Elon Musk how much wealth can be generated by working on major human problems like transport, energy, and space access.