I sort of agree, but then why play sports or fantasy at all? Why not just turn to a hobby that inherently rewards creativity and boldness (most contemporary arts)?
Alternatively, in competetive environments, things that have stock trading or market mechanics mean that as soon as something becomes “common sense” it’s probably not the correct move anymore.
AWS services are usually based on standards anyway. If you use an architecturally sound approach to AWS you could learn to develop for GCP or Azure pretty easily.
With a great public transit system, it feels like you are beholden to nothing. You feel like going to a restaurant and you just start walking. In NYC you can even get to hiking trails by transit. It’s wonderful. Not to mention no DDs
What happens if, instead of making $100M, the kid just takes the money, slacks off, and refuses to work? Can he be sued for breaching fiduciary duty?
Or, what happens if he/she works really hard, but never makes it, and their investor decides to sue for their money back? Often times, legal representation costs 10s, even 100s of thousands.
You’re really just legalizing either fraud or indentured servitude here. In real life, magic oracles don’t exist.
Yes, new laws and probably technology would be needed for that too.
Ideally there would be an implant that records their entire life - which can be used to determine if they slacked off in breach of the purchase agreement.
I think COL and housing costs show why rental markets are not good in the long run. The world will increasingly belong to a handful of speculators who can rule the poor into indentured servitude by owning necessities of life.
I gotta say, Bill Gates single-handedly owning the health infrastructure of the third world doesn’t put me at ease. This is a man who was ruthlessly capitalistic throughout his career, and hung out with a convicted rapist (Epstein) on a regular basis. At the very least, he’s an “ends justify the means”, willing to look the other way kind of guy. There’s no doubt the Gates foundation has done a lot for global health, but it’s too much political power for one flawed person to have.
Philly is also probably the closest approximation to NYC in this way. Most other cities in the US are so segregated that wealthier neighborhoods feel like suburbs (looking at DC and Boston here).
Alternatively, in competetive environments, things that have stock trading or market mechanics mean that as soon as something becomes “common sense” it’s probably not the correct move anymore.