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This is my dream, something like https://www.humblebundle.com https://www.humblebundle.com but an ongoing effort. Instead of one winner/influencer with a long t
by zackmorris 4y ago
This is my dream, something like https://www.humblebundle.com https://www.humblebundle.com but an ongoing effort. Instead of one winner/influencer with a long tail of paupers, the money would be split evenly or through a formal process involving tenure/credentials/experience and/or a minimum payout on individual successes of maybe 10-20% like a royalty.
The main goal of this would be to provide runway outside of the venture capital status quo. Basically a scalable UBI model that doesn't require a huge buy-in by the general public.
As far as who's pulling their weight or not, I believe that framing is a fallacy. Success is stochastic now, meaning that it gets increasingly difficult to predict who will win. That's why VCs invest in 10s or 100s or startups to find a winner that supports the rest, and why all that matters is capital, at least to a first order approximation. This would give us some leverage to start removing the artificial barriers to entry (like how banks generally only loan on assets, not potential) and transition to something more like the Star Trek economy where everything is automated and only machine labor and unearned income is taxed, and the economy is large enough to provide an ever-growing stipend for everyone.