"Of course, that doesn't mean we should ignore and stop working on the affordability of housing. But it does mean that at some point, those won't be our most pressing problems and humans do have a habit of fighting the last war, not the next one."
VC's think they're better-equipped to judge "pressing problems" than most and I think that's dumb.
robcohen•2mo ago
Isn't that their job though? To find market opportunities for providing value by solving problems people have (or think) they have?
So on some level, it's literally their job to find solutions for problems.
watwut•2mo ago
There is no level on which it is their job to find solutions for problems. That is not a job description nor what they do. Their job is to guess which investments will earn them money.
Problems solving is accidental and done by other people. Also, their have zero incentives to care about social problems or about problems of people who are not rich.
LMKIIW•2mo ago
VC's think they're better-equipped to judge "pressing problems" than most and I think that's dumb.
robcohen•2mo ago
So on some level, it's literally their job to find solutions for problems.
watwut•2mo ago
Problems solving is accidental and done by other people. Also, their have zero incentives to care about social problems or about problems of people who are not rich.