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I find it a little absurd that companies now take longer than human beings to start making money. In that you graduate high school/college at 18-22 and start ma
by puranjay 4y ago
I find it a little absurd that companies now take longer than human beings to start making money. In that you graduate high school/college at 18-22 and start making money - “being profitable”, so to speak.
There are starups right now that were founded before 2010, went public, and say they will be profitable in 5-7 years time
That’s 18-20 years without a profit!?!
- newaccount2021 4y ago
- lmm 4y agoCathedrals took hundreds of years to build. Basic research can take hundreds of years to put into practice. The Swedish government has a couple of nice national parks that were originally oak forests planted to supply the navy in a few hundred years. While there are definitely advantages to the discipline of having to make a profit, I don't see anything fundamentally wrong with building a company over long timescales.
- daniel-cussen 4y agoBasic research can take a lot less than hundreds of years in special cases. So for me, I got my AI algorithm, my first one, to produce a result I did not already know about within a year of starting the code. It discovered negative modulo. That was it. But! That was something I myself did not know. Not really important that eg wikipedia already knows about negative modulos getting the last elements of a list. That was the point of AI. From that day I had much more confidence in the basic premise of the basic research, that this could be done and it slowly would develop. And why did I come up with a result so fast with my own basic research? Desperation. Solitude, isolation. Silence. Single-mindedness, determination, that AI was all I actually cared about, no secondary reason to live. It got all my resources.
- puranjay 4y agoIt’s an app that delivers food through contract labor earning minimum wage. Its not a cathedral or a forest.
- rswail 4y ago> you graduate high school/college at 18-22... > That's 18-20 years without a profit!?! Same same, but different.