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It ain't regulation holding back america, it's profit. Our investors have failed us in every way imaginable, and our inability to consider any other manner of f
by MangoToupe 11mo ago
It ain't regulation holding back america, it's profit. Our investors have failed us in every way imaginable, and our inability to consider any other manner of funding means we're dead in the water.
- strictnein 11mo agoHuh? The US has the largest private investment pool in the world. Why would investors invest their money in things that have no chance of recouping that investment?
- TylerE 11mo agoNd they’re all concerned with next quarters results, not the next hundred years.
- strictnein 11mo agoAre your investments in places where you're interested in the next 100 years and won't see the benefits until after your dead?
- MangoToupe 11mo agoThat belies why relying on individual investors to guide society is never going to work. You might as well cede the globe over to whichever society had the balls to centralize the economy
- MangoToupe 11mo agoExactly! It's an absolutely foolish thing to build a society around, and the benefits are largely squandered on the private lives of private investors.
- strictnein 11mo ago"Absolutely foolish" - the tech sector doesn't exist without this "foolishness", but other than that, great idea.
- MangoToupe 11mo agoIs that necessarily a bad thing? There are other ways to develop technology.