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Comment by perfmode | Hacker News Reader

This is wasted labor. These people could instead spend their time more productively.

On what exactly? I feel like we don't have a shortage of people able to execute, but rather a shortage of good ideas or ideas we are willing to invest money in.

> but rather a shortage of good ideas or ideas we are willing to invest money in.

We have no shortage of good ideas or socially useful things to do. What we have is a problem with getting funding for these useful pursuits.

See: parable of the broken window

The same could be said about 95% of SV hackers. At least Bugatti employees do honest work for living and do not make the world a worse place.

Not according to the market

This is maybe a little bit (in a contorted way) similar to "Parable of the broken window"?

https://en.wikipedia.org/wiki/Parable_of_the_broken_window

In this case there are probably some highly skilled people involved who were able to increase their know-how (doing research to make the car somehow be xxM$ worth) thanks to being funded by whoever bought the car, but the whole exercise generates probably very little intellectual value outside of this context.

>the whole exercise generates probably very little intellectual value outside of this context

Why do you assume that the R&D required to produce this vehicle is somehow wasted effort?

I did not assume that it was "wasted" ("little" is more than 0).

Precisely the parable of the broken window.

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