I'm well aware of how this is supposed to work in theory. But the fact remains we already have a glut of high-IQ natives.
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In a free-market where all those high-IQ people are unchained to indulge themselves in value-additive productive endeavors, maybe.
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You guys can keep exalting the virtues of high-IQ immigration all you like, but this economy cannot synergistically utilize them.
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Anyone looked that rates of new business creation? Catastrophic all-time lows. We're not adding shit to this economy.
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The only 'tech' improvements you're getting are smartphone apps and soylent shakes. There is no innovation at scale anymore.
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Right, the current state of Silicon Valley is so different from 20 years ago. Big shift from tangible to intangible, from hardware to soft
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and, imo, the social media ponzi schemes have a much less solid grounding than the previous bubble. All the money going after FB isn't
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It's all an attention & advertising based economy.
We cheapskate consumers get what we pay for when we pimp ourselves to commercial media.1 reply 0 retweets 2 likes -
I keep wondering when the music is going to stop for all this, and when a focus on real production returns.
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So many unsustainable businesses out there right now, seems like we've been set up for another crash for quite a while now
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