Genuine entrepreneurship is about developing experience in a technical domain and/or actually running a business. What the article calls "privileged risk taking

Genuine entrepreneurship is about developing experience in a technical domain and/or actually running a business. What the article calls "privileged risk taking" Danish researchers a few years ago called the "Veblenian Entrepreneur".[1] Someone who doesn't build anything but consumes entrepreneurship as a hedonistic activity, like a socialite or influencer, cosplaying "being an entrepreneur" to hope for fame or connection and further money. I think this is pretty real and accounts for the fact that you basically don't see any Gen Z business leaders or technologists when in the last two generations at the same age you had people like Brin, Page or Carmack. We've basically gone from real technical or academic work being translated into businesses to Discord NFT hustling. Something that looks more like Vegas than Caltech. [1] https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3479042 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3479042