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by thisisit
2955 days ago
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His point is most, not all, tech innovations don't really pan out. Sure there are examples of great products but there also examples of big duds. For example, according to an EPI paper sharing economy accounts for less than 0.1% of total economy: https://www.epi.org/press/uber-drivers-earn-the-equivalent-o... So, not a win really. At least not right now. |
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Look at all the money we spend on medical/pharma research. Most of it doesn't pan out, but we're basically ok with that since the rewards are pretty large when it does.