The whole country has suffered immensely from the incentive- and culture-shift that caused most schools to remove an array of shop and trade classes
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I think part of the reason so many US entrepreneurs are building companies where the product is software or new business models is that that's the stuff our culture seems to value. But we could *really* use more plays in hardware and industrial process improvement
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Right now, the kids who win at the education game are pretty likely to have never built anything beyond legos and camp/scout crafts; we're forgetting that physical products matter, and that a lot of them can't have wide margins of error and still be competitive or even usable
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Regulatory and tax environment favors quick cell phone apps not fundamental research or long term investment.
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Yes and- It's much harder to capture that value Plus other industries don't have Moore's Law
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You should know the difference between dealing with bits and dealing with atoms
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Can confirm. Hard to think of something more valuable than a software driven process yielding strongest materials in the universe (which are sometimes worth more than gold to customers). Other than the NSF, DoD, and every single global aerospace prime, there wasn't much interest.
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Yes, and -- general artificial intelligence won't be fixing plumbing or repairing elevators anytime soon.
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So can I derive that you're saying kickstarter and co incubed like companies are a niche market and does not concern a lot of entrepreneurs ?
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I believe the reason is that this is because software développement is the cheapest to start with
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For instance,
@elonmusk started with PayPal in order to fund the rest
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