I missed this earlier, but last week Peter Thiel had a long and pessimistic essay on the stalling of American innovation.
4 thoughts on “The End Of The Future”
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I missed this earlier, but last week Peter Thiel had a long and pessimistic essay on the stalling of American innovation.
Comments are closed.
Over-regulation and the pursuit of too many bullshit fluffer degrees are taking their toll.
The .gov needs to make grants and loans conditional on th evalue of the degrees to society.
Another thing I have noticed in life is people tend to exaggerrate their optimism in good times and exaggerate their pessimism in bad times. That article is a product of the times as much as anything else.
Things are never as good or as bad as they appear.
Sometimes it’s worse. The article rambles and doesn’t really conclude anything, yet touches on serious thoughts that push my anger buttons because of the effects it will have on peoples future.
the nuclear industry and its 1954 promise of “electrical energy too cheap to meter” had long since been defeated by environmentalism and nuclear-proliferation concerns
What prevents too cheap to meter? Idiots and children in charge. I want this motor.
We may be witnessing the beginnings of such a zero-sum system in politics
More idiots and children in charge.
our policy leaders narrowly debate fiscal and monetary questions with much greater erudition, but have adopted a cargo-cult mentality with respect to the question of future innovation.
We are sitting on the edge of an economic expansion greater than this world but it’s being ignored because getting to orbit cost too much. Both true and bullshit at the same time. Cost too much for what? Lot’s of selfish personal fantasies where just ‘I’ make money in space. But not too much if we just focus like a laser on settlement and not worry about greed. We have billions of untapped assets out there and none of it needs to be sent back to earth for earth to realize the greatest economic growth (so large even the stupid Keynesians can make money) that makes every other boom in the world history insignificant.
I have no doubt government will stick it’s nose in and try to regulate away any potential for positive results. Nobody on this planet owns the solar system but if we let government decide people never will. Which road will we take?
One of the problems I have with the article is the assumption that we ‘need’ high paying jobs so we don’t have to compete for low paying ones. There are millions of people in this country that should be in low paying jobs instead of our taxpayor pockets. Many of them would start making financial and career decisions that would lead to higher paying jobs. The country in general would progress more with an understanding that the general refusal to take low paying jobs in favor of handouts is a factor in our economic stagnation.
When people are working together to move forward, they move. When a high percentage of the same people are parasitic, they don’t move at all.
Now govt. jobs pay twice that of the private sector and they can’t be fired. It used to be they got paid less but had perks to compensate. Now, being paid more, they have even more perks. Not surprising since it’s a positive feedback loop that we’ve allowed to get out of control. The only question is can we continue to get enough tea party candidates elected and keep enough of them from being corrupted to turn things around or is it already too late?