[nicoburns]

All of those projects have something in common. They are big and centralised. I agree with you that it's not just billionaires that have this problem, but billionaires are one of the entities that do.

> The amount of the financial reward measures how much you are winning. The juices produced when you win 20$ and those produced when your leveraged long in biotech stocks make you 750k are not the same.

I suspect the world might a better place if we gave fewer people who are motivated in this financial manner, and more people who are motivated by the impact of their work (of whom there are plenty, and they're just as good as the financially motivated ones).

[GDC7]

> and more people who are motivated by the impact of their work (of whom there are plenty, and they're just as good as the financially motivated ones).

Nobody does the work for the sake of doing the work.

People work for a combination of financial reward and social status, and they'd use that as a metric to measure how much are they winning compared with the other 8 billion people on the planet

There is only a very very tiny percentage of people who are happy with just citations and the tepid approval of other academics

So if you roll back financial reward all the way down , then you have to pump social status all the way up.

It's going to be even worse. The cult of Steve Jobs and Elon Musk and Donald Trump would be the normal and would trickle all the way down.