Anecdatum: These days I’m getting 5+ emails a week asking if I’m interested in joining XYZ early stage startup.
Then we wonder gow come asset prices and house prices are so high.
But for some reason this money cant be directed into infrastructure we need to deal with climate change?
I work in this area (climate repair) and eventually came to the realization that the work must proceed despite the opposition of the US. I just tune out when colleagues and peers talk about discussions and coordination with various US government agencies and programs. I’ve seen enough Lucy-and-the-football episodes. The most that will ever happen on that front is lip service.
It is going to take a lot of failure. Government turns failure into finger-pointing. VC is comfortable with failure but only understands profit. We have a structural gap.
It seems to be ruled by the mighty dollar, yet is like a force of crazy strength in its ability to naturally select out the strongest.
Sometimes that strength is existing connections and money, though there are those rare times where a truly novel idea breaks free, a truly beautiful design, or something truly good is made.
Is that worth the evil it does?
I don’t know, let the capitalists and socialists fight it out.
I for one will try and be like a hobbit.