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by s3000 1279 days ago
>Inventing banking and then using the profits to fund the renaissance? Need people like that today.

When it comes to culture, do we still need funding? The internet offers connection and replication.

What is preventing the people with the right skills from coming together and creating the next level of civilization?

2 comments

Well those people still need to eat, have a roof over their head, etc. so that they live comfortable enough lives to be able to create whatever it is they're creating.
When somebody offers food and shelter, people will fill the space and they will create whatever that person asks them to do. They will create Netflix productions and Google chat apps and Meta VR spaces.

The internet allows people to connect without the initial need for funding. If funding is needed, the internet makes it possible for a team to discover investors and foundations that would add financial support.

The limiting factor are not resources but teams.

We need money not for funding, but rather to organize the division of labor. The strange thing is that money does not come with obligations to those holding it, only privileges, so it can be withheld from the market, leading to the appearance that there is a lack of funding.
In 2022 its influencers and fake news peddler which the oligarchs sponsor.