Quick Question: Why is efficiency a desired outcome in markets? Or is it just a natural outcome of competing players?
40 karma · joined July 24, 2017
>>The water mafia question is definitely a super important. The only way we can see taking on the mafia is to add more water supply on to the market. The only way we can do that is to enable micro entrepreneurs to sell water. As you probably know, about 50% of urban Indians have their own borewell, but less than 1% sell water. Phase I is to aggregate water demand using our IoT devices, and Phase II is to enable hyperlocal selling of water.
Thats an innovative idea with potentially many social ramifications(positive and negative). I will be watching it closely!
The web browser is the only one who knows how much time I spend on each webpage and what I like inside each page. so it can optimize for that.