[strooper]

If solving problems create opportunities for new ventures, that is what the smart people should do instead of piggy backing on technologically stagnated big corporations. Developing countries may have significantly less quality of life in general, but there have always been a class of people enjoying life no less than anyone in the "first world", probably more. Simply put developing countries also need amazon, paypal, EV as they develop and adaption of long existing technology is more important than innovation there. So, entrepreneurs from technologically advance (and competitive) countries have even more opportunities to play bigger roles and create significant impact in a society.

[pm90]

This only really applies to a few developing countries, though. I actually think it only really applies to India.

When you're creating products for developing countries, you have to build for a certain market. The one in India is enormous and prosperity is increasing (although the pandemic has been a setback, yes).

[rob74]

Yeah, if only 5% of the Indian population can afford your product, that's still a market comparable to the entire German population (~70 million). As long as the way that the other 95% have to live doesn't bother you. I have never been to India, but I still remember the news of the Covid lockdown in 2020 where the migrant workers were suddenly left without income and had to fend for themselves...

[lotsofpulp]

If I am okay with the way the other 95% live around the world, I do not see any reason I would be bothered by the way the other 95% have to live within an arbitrarily delineated portion of the world.

[ido]

Ideologically yes, but practically & subjectively it doesn't feel that way in large Indian cities (anecdotal, I visited India for 2 months years ago). Walking through the center of Delhi (and many other large Indian cities) you see the kind of poverty you never encounter first-hand in developed-world cities like those in Western Europe, North America, Japan, Singapore, etc.

It was definitely a shock for me at first & is not a pleasant way to live IMO.

[pm90]

> you see the kind of poverty you never encounter first-hand in developed-world cities like those in Western Europe, North America, Japan, Singapore, etc.

This is unfortunately very true. Living in most Indian cities requires one to build a character that can withstand living amidst such destitution. Millions of people do it everyday though. You kind of have to mentally block it out.