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It would be much better if we invested in meaningful things directly. So much time and effort is being put into making things AI shaped for investors. The elep
by nicoburns 1y ago
It would be much better if we invested in meaningful things directly. So much time and effort is being put into making things AI shaped for investors.
The elephant in the room is that capital would likely be better directed if it was less concentrated.
- signatoremo 1y agoIf a million families each has a $1,000 to invest in new business, how would you envision the money to be invested collectively? what would be the process?
- nicoburns 1y agoThe money would distributed mostly as people purchasing things rather than as upfront investment (although it's far from unheard of for startup capital to come from people's local communities where those communities have the resources to enable this). It would be harder to start a business, but easier to maintain a sustainable business model built on actual demand.