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InitialsDiceBearhttps://github.com/dicebear/dicebearhttps://creativecommons.org/publicdomain/zero/1.0/„Initials” (https://github.com/dicebear/dicebear) by „DiceBear”, licensed under „CC0 1.0” (https://creativecommons.org/publicdomain/zero/1.0/)A
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2 yr. ago

  • Relevant:

    "Entrepreneurship is like one of those carnival games where you throw darts or something.

    Middle class kids can afford one throw. Most miss. A few hit the target and get a small prize. A very few hit the center bullseye and get a bigger prize. Rags to riches! The American Dream lives on.

    Rich kids can afford many throws. If they want to, they can try over and over and over again until they hit something and feel good about themselves. Some keep going until they hit the center bullseye, then they give speeches or write blog posts about "meritocracy" and the salutary effects of hard work.

    Poor kids aren't visiting the carnival. They're the ones working it."

  • Shareholders will expect their 185 million to turn into “more.” Someone will have to pay for this “more.” The business model will therefore boil down to either selling user data or companies paying to be given preferential treatment by the system. Probably both.

    Furthermore, such services do not create any added value for the economy because, like advertising, they merely ensure that money is spent at B instead of at A. They are not productive and can be used much more efficiently by the bigger players.