The incentives are in the wrong place. It's not that entrepreneurs don't want to work on important things, but rather that important things are regulated by the

The incentives are in the wrong place. It's not that entrepreneurs don't want to work on important things, but rather that important things are regulated by the government. Good luck waiting 2+ years and spending millions waiting for your blood sugar measuring device approved by the FDA. It pays to work on Facebook-like things because government has not yet spoiled the internet with endless expensive regulations.