| What happens when the low-hanging fruit is gone? Of course the first sets of people to build something aren't buying it off the shelf... but the reward for the millionth person to be able to do the same thing from scratch is also gone. How useful is it to know how to spend 5 times as much time and money to make your own piece of equipment that is now a commodity and readily-available? For instance: 3d printers and automated metal and woodworking tools. Yeah, they exist. Yeah, it's never been more accessible to make your own tools and gadgets and toys with them. But no, they aren't tools that let you have even a 1-in-ten-thousand chance of being the next Tesla or Edison. I've re-soldered shit in Xbox controllers, I've fixed stuck mechanisms in motorized Christmas decorations, I've saved thousands on labor for car repairs, I've built my own furniture, I've re-wired speakers and installed conduit at home. But knowing how to do those things in the 2000s is not the same as inventing how to do those things or even knowing how to do those things as a well-compensated career before things were so completely consumerized and commoditized. I'm still limited by the state of the world I'm playing in. It's worth learning those things if they strike your fancy, if you want to be able to do it for the love of the game, if you value knowledge generally (and I think you should!). But. It's also a something of a luxury hobby at this point. I can't fab a new high-performance CPU. I can't even realistically learn enough to even compete design-wise with the teams upon teams of people already standing on the shoulders of giants in that industry, or in any other highly-technical highly-advanced one. |
Depends on why it's gone? For example, before the shocker of Facebook buying Oculus, there was an active community of side-gig businesses selling kits around VR, large touch panels, haptics, and such. What couldn't exist, was scaling that beyond hobby kits. No VARs, no integrators or assemblers, no OEMs, no contract or bespoke manufacturing, no searching for viable niche products. Because "it's merely a kit" was the only way the US patent system allowed the stuff to exist at all as a business. The gap between what you could make, and what you're allowed to sell, is large. Even now, we can't reasonably search for those niche market fits, because such scales are beneath the notice of big patent-holding companies. So absent FRAND reform or some such ("you're required to let me use it and pay you"), no fruit for you.
CA lacking non-competes, "Stealing IP!", grew software fruit in CA. But the US has lacked the growing conditions for Shenzhen fruit. So, what happens when the low-hanging fruit is gone, from the US? Fruit is grown, and enjoyed, elsewhere.