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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. Molson Hart‏ @Molson_Hart May 11
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      We should crowdsource a list of all the potential reasons the United States has become less innovative. I'll start: - Weaker patent protection - No existential threat to incentivize innovation (USSR) - Falling testosterone - Social media changing incentives

      5 replies 1 retweet 4 likes
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    2. Molson Hart‏ @Molson_Hart May 11
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      - Overfinancialization of our economy (hedge funders make more money than inventors and engineers) - We've found all the good ideas already - Manufacturing has left the United States What else????

      10 replies 0 retweets 2 likes
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    3. jake t‏ @JakeDinero May 11
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      Replying to @Molson_Hart

      -lack of individual agency -limited prominent creative communities (SV & elite universities) -income effect> substitution effect ... contributing preference to leisure imo most reasons can be grouped into 1. lack of social motivation 2. misaligned financial incentives

      1 reply 0 retweets 1 like
    4. Molson Hart‏ @Molson_Hart May 11
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      Replying to @JakeDinero

      Agree with you here. What causes the lack of agency? Do you really think we have fewer creative communities? not sure about that one.

      1 reply 0 retweets 0 likes
    5. jake t‏ @JakeDinero May 11
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      Replying to @Molson_Hart

      you hit it on the nail with social stigma surrounding ambition... perhaps weaker willed generations are more likely deterred from being a lone wolf & taking asymmetric risks. larger corporate structures also stifle individual innovation

      1 reply 0 retweets 1 like
    6. jake t‏ @JakeDinero May 11
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      Replying to @JakeDinero @Molson_Hart

      and maybe not fewer, but definitely not as robust. Growth in the past 20 years is synonymous w tech and finance. Most incentives align so that our top intellectual talent now sells out to wall st and consulting (not-particularly innovative industries)

      1 reply 0 retweets 1 like
      Molson Hart‏ @Molson_Hart May 11
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      Replying to @JakeDinero

      Yes and that’s really unfortunate. Too much brainpower chasing after optimization and what a stock price@is going to do.

      8:36 PM - 11 May 2020
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