Robots do not destroy jobs on aggregate. Averaged over time and space, they _create_ jobs by lowering barriers to innovation.
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Replying to @paulbaumgart
@paulbaumgart Many 'x is eating y' convos are about well-funded companies destroying small biz and eating their profits, not innovation.1 reply 0 retweets 1 like -
Replying to @paulbaumgart
@paulbaumgart Only so far as disruption exacerbates the inequality that is currently destroying the lives of this country's bottom 80%.1 reply 0 retweets 0 likes -
Replying to @paulbaumgart
@paulbaumgart To capital markets, innovation means higher margins supported by nat'l marketing on the backs of employees and local community1 reply 0 retweets 0 likes -
Replying to @uriahz
@paulbaumgart Whether it's an old ex like Walmart or a new one like Uber, many big cos' primary innovation is an exploitative business model2 replies 0 retweets 0 likes -
Replying to @paulbaumgart
@paulbaumgart Despite the hype, the vast majority of business starts are not scalable tech companies suited for angel/VC funding.1 reply 0 retweets 0 likes
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Replying to @paulbaumgart
@paulbaumgart The SBA's budget last year was ~$550M. VC was $33B.0 replies 0 retweets 0 likesThanks. Twitter will use this to make your timeline better. UndoUndo
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