Or, Why I'm Optimistic the Problems that Matter Will Get Solved
In your latest essay, there's a conspicuous absence of insights related to "inequality" and "disease". You may think that markets play no role in these -- but healthcare is certainly a massive industry. We need to hack the swarm to align healthcare profits with public health. And taxation, while a government function, is something that corporates (and wealthy individuals) lobby wildly to control. The result is a market for influence over the US government... but this market currently produces inequality. In future posts, I would love to see you dig more into the markets for "inequality" and "disease" -- and how we might hack them so that more people can live decent lives.
one teeny tiny typo just under the three questions to ask “if they are all yet” should be yes methinks. Great article and you are really expanding my grey matter a lot. im no market expert nor do i play one on the internet but i am deep in the web3 space and deeply passionate about setting up the honeypots that attract the swarm so we can do some more bubbly things in web3. i love the fact that when im looking at anything big picture that same peak-trough-plateau model keeps coming to the surface. same exact model Tim Ferris uses to explain the path of learning languages, same model used by YC to explain the entrepreneurs journey from 0-1. fascinating stuff! Thank you and GM!
Hi Packy! Great read. I like your comparison of cynics to the "dancing tarmac people." Got a good laugh out of me. 😅
I think you may just have a typo on this line here after you enumerated the 3 main questions on whether the swarm will solve a problem:
"That’s it. If any of the answers are no, the cynics are right. If they’re all yet, the optimists are."
I think you meant to say "yes" instead of "yet"?
Really great essay - inspiring!
Excellent piece. You’re correct: much as libertarians decry government, federal money usually takes the important initial risk: textiles, railroads, land-grant universities, hydro-electric dams, interstate highway system, Silicon Valley. Page & Brin created their search engine thanks to a government grant from the intelligence agencies. Google put its first large-scale server farm near cheap hydroelectric facilities. Imagine Amazon or any distributor without the interstate highway system. Imagine Tesla without the $4.2 billion bailout via a DOE grant. Imagine Moderna’s breakthrough mRNA vaccine without federal funding (Moderna had yet to bring a successful drug to market prior to its I’ve spent my career outside government, but it doesn’t blind me to its foundational, financial role. Why is it the Peter Thiels of the world pretend they’re fully self-made billionaires?