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Good. In the age when the planet is faced with overpopulation, climate change, pollution and a myriad of other issues, including the shadow of ww3, the investor

Good. In the age when the planet is faced with overpopulation, climate change, pollution and a myriad of other issues, including the shadow of ww3, the investors bet on a photo-sharing startup. Down-voters rejoice, but I couldn't care less about pinterest and what it offers. Maybe I'm getting old or maybe being a parent gives me a different perspective, but 11B for nicely arranged list of photos is idiotic. I'm sure it makes a lot of business sense to the investors, which is the really sad part of it all.

coke12 12y ago
This point of view is incredibly myopic; what you're seeing is what innovation looks like to people who don't benefit directly from said innovation. Knowledge discovery is huge, and it becomes especially profitable when that knowledge is tied to existing products (e..g expensive jewelry, wedding dresses).
- codeshaman 12y ago
  Maybe I'm myopic, or maybe everyone else is. The state of the world seems to show that the vast majority of people, even the smart ones, don't really get it yet. But they will, sooner or later the elephant in the room will be impossible to ignore. Let's hope it won't be too late then. The issue is this: the world doesn't need more 'innovation' - we've already innovated enough to the point of being on the verge, all in the name of 'products' and profit. If articles like 'California has 1 year left of water' doesn't sound alarm bells then take a look around - these kind of news are all over the world. Our only hope out of this is to apply what we already know and 'un-inovate' ourselves so that our children can have a chance of survival. Not for the sake of profit, but for the sake of future generations. And no, the governments, politicians and the like won't do it, they can't, they don't create the world - we do, the creators, the innovators. It is our responsibility to switch focus and really look at how we can apply our knowledge to the real world 'problems'. Pinterest's long term value (50+ years) is zero in my opinion, even though it might create a nice bubble in the short term.
criloz2 12y ago
This is just another bubble, years of printing money and low interest rates, there is no way that Pinterest has that value, neither Uber with all its legal issues across the world. sorry downvote me all the what you want that is the true.

coke12 12y ago

This point of view is incredibly myopic; what you're seeing is what innovation looks like to people who don't benefit directly from said innovation. Knowledge discovery is huge, and it becomes especially profitable when that knowledge is tied to existing products (e..g expensive jewelry, wedding dresses).

codeshaman 12y ago
Maybe I'm myopic, or maybe everyone else is. The state of the world seems to show that the vast majority of people, even the smart ones, don't really get it yet. But they will, sooner or later the elephant in the room will be impossible to ignore. Let's hope it won't be too late then. The issue is this: the world doesn't need more 'innovation' - we've already innovated enough to the point of being on the verge, all in the name of 'products' and profit. If articles like 'California has 1 year left of water' doesn't sound alarm bells then take a look around - these kind of news are all over the world. Our only hope out of this is to apply what we already know and 'un-inovate' ourselves so that our children can have a chance of survival. Not for the sake of profit, but for the sake of future generations. And no, the governments, politicians and the like won't do it, they can't, they don't create the world - we do, the creators, the innovators. It is our responsibility to switch focus and really look at how we can apply our knowledge to the real world 'problems'. Pinterest's long term value (50+ years) is zero in my opinion, even though it might create a nice bubble in the short term.

criloz2 12y ago

This is just another bubble, years of printing money and low interest rates, there is no way that Pinterest has that value, neither Uber with all its legal issues across the world. sorry downvote me all the what you want that is the true.