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There are so many people drooling over Musk - his brilliance, his determination to make the world better and more interesting. Not to downplay him as very few
by dmritard96 12y ago
There are so many people drooling over Musk - his brilliance, his determination to make the world better and more interesting. Not to downplay him as very few people could accomplish what he has, but it is a bit bizarre to me that all these things in which so many people seem to think are great, can't get done unless some billionaire takes them on. Is capitol really the biggest barrier to moving the world forward at this point? It seems that we the only way to move and shake things is to have an individual with a ton of capitol so that people can't get in the way, which is rather stark.
- jv22222 12y agoIt is stark. Tony Stark.
- kyboren 12y ago> Is capitol really the biggest barrier to moving the world forward at this point? It seems that we the only way to move and shake things is to have an individual with a ton of capitol so that people can't get in the way, which is rather stark. Why would you expect otherwise? I have no training in economics or finance, but it seems to me that affecting such large markets is usually going to take huge amounts of capital. I'm not convinced it's always about artificial barriers to entry, but rather the natural barrier to entry: the economies of scale mean viable competition is expected to take some amount of capital to bootstrap. When the scale is global, it's probably going to require a lot of capital. Now, if you just mean it's disappointing how challenging it seems to be for non-billionaires to obtain sufficient capital from banks, VCs, etc. to undertake such high risk/high reward ventures, you may be right in your disappointment.