asterisk2a + services + ivyleague   2

We Are All Venture Capitalists Now | TechCrunch
In Mediocristan, you work fixed hours for a fixed wage. In Extremistan, success is enormously lucrative, but failure is far more common … and, for artists, condemns you to a life of grinding poverty and/or working outside of your chosen field. Of course tech startups also live in Extremistan. So too does venture capital itself, a meta-tournament of picking winners, in which enough money is (hopefully) made from the few big hits to outweigh the inevitable failures– –and so too will we all, soon enough. I’ve argued before that, because software is eating the world, “technology is slowly dragging us all, economically, away from Mediocristan and into Extremistan.” The power of software is such that it gives ever-smaller numbers of people ever-greater leverage. Meanwhile, much of yesterday’s rote Mediocristan work can and will be automated tomorrow. As a result, our economies are moving (slowly, in fits and starts) to a power-law Extremistan future. [ Seth Godin "be remarkable" ]
Venture  Capital  Software  Is  Eating  The  World  Future  of  Work  Mobile  Creatives  Mobile  Creative  Robotics  automation  squeezed  middle  class  working  poor  precarious  Precariat  3D  printing  algorithm  marketplace  marketplace  efficiencies  Share  Economy  shareholder  value  Wall  Street  profit  maximisation  Services  Industry  Niedriglohnsektor  service  service  Sector  Jobs  on-demand  convenience  Gini  coefficient  social  mobility  income  mobility  Universal  Basic  meritocracy  meritocratic  American  Dream  self-employment  contractor  Zero  Hour  Contract  Zeitarbeit  STEM  Germany  Western  World  secular  stagnation  globalisation  globalization  flat  borderless  freelancing  freelance  competitive  competitiveness  competition  education  policy  Career  Politicians  protectionism  Makers  policy  folly  policy  error  No  Representation  volatility  complexity  uncertainty  Super  Rich  1%  Extremistan  tournament  ivyleague  Privileged  Establishment  welfare  welfare  state  social  safety  net  USA  UK  productivity  output  gap  GFC  Silicon  Valley  Angel  Investor  Seth  Godin  sethgodin  differentiate  differentiation  entrepreneurial  entrepreneurship  entrepr 
april 2015 by asterisk2a

related tags

1%  3D  algorithm  American  Angel  austerity  automation  avoidance  awareness  barackobama  Basic  borderless  Capital  Career  child  class  coefficient  cohesion  competition  competitive  competitiveness  complexity  contract  contractor  convenience  Creative  Creatives  differentiate  differentiation  discourse  Dream  Eating  Economy  education  efficiencies  entrepreneur  entrepreneurial  entrepreneurship  error  Establishment  evasion  Extremistan  flat  folly  food  freelance  freelancing  Future  gap  Germany  GFC  Gini  globalisation  globalization  Godin  Hour  immigrants  immigration  in  income  Industry  inequality  Investor  Is  Ivy  ivyleague  Jobs  League  Makers  marketplace  maximisation  meritocracy  meritocratic  middle  minimum  Mobile  mobility  net  Niedriglohnsektor  No  of  on-demand  opinion  opportunity  output  perception  Polarisation  policy  political  Politicians  poor  poverty  Precariat  precarious  printing  Privileged  productivity  profit  protectionism  public  Representation  Rich  Robotics  safety  School  Sector  secular  self-employment  service  Services  Seth  sethgodin  Share  shareholder  Silicon  social  Software  squeezed  stagnation  state  STEM  Street  Super  tax  Tech  The  Toff  tournament  UK  uncertainty  undocumented  Universal  USA  Valley  value  Venture  volatility  wage  Wall  welfare  Western  Women  Work  working  World  Zeitarbeit  Zero 

Copy this bookmark:



description:


tags: