Entrepreneurship incentivizes innovation and then productizes it. The fruits of that are jobs created, tax paid, and that can flow back to people through social government systems. And making the country itself richer.
ECONOMY
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Capitalism and welfare systems can coexist and strengthen each other
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You can both support entrepreneurship, capitalism and have a social welfare system with free healthcare, public transport and taking care of people. They're not mutually exclusive. Actually they benefit each other.
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Entrepreneurship odds stacked against founders
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Entrepreneurship is an extremely low odds endeavour, the odds are completely stacked against you. I don't think approaching it in a mindset of who's the victim is useful. That is unless you want end capitalism which is a different topic.
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ChatGPT Sparks Google Code Red Alert on AI Search Competition
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Searching is different from question/answering, and even though #ChatGPT still has plenty of room for improvement, it seems that its release definitely stirred things up at Google! Google’s management to declare a "code red" https://
nytimes.com/2022/12/21/tec
hnology/ai-chatgpt-google-search.html
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Catherine Adenle Daily: Fintech and Insurtech Innovations
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The latest The Catherine Adenle Daily! https://
paper.li/CatherineAdenl
e?edition_id=5091c640-8287-11ed-81ea-fa163ed80008
… Thanks to @enilev @CurieuxExplorer #fintech #insurtech -
U.S. Electric Vehicle Production Visualization by Brand
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Visualizing #ElectricVehicles Production in the U.S. by Brand #AutonomousVehicles #SelfDrivingCars #electriccars #EV #Automotive #5G #innovation #tech #CES2023 https://
visualcapitalist.com/ev-production-
by-brand-united-states/
… @jblefevre60 @FrRonconi @CurieuxExplorer @Fabriziobustama @Hana_ElSayyed @guidaautonoma -
LLM Emergent Properties and Their Staggering Economic Implications
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The emergent properties of LLM’s continue to astound me. The implications for work and the economy are staggering. It’s a growing focus for us at the @DigEconLab https://
t.co/mA2n7p48kR -
AI Clones Struggle with Profitability Despite Market Aggression
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Yep clones are ruthless these days, but they usually barely make money
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AI Won’t Replace Hard-Working Humans Who Stay Focused
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Before you start panicking, realise that AI was built by humans. If you are a hard working human, who is willing to fight it out, you will be fine. But, yes, if you are diluting your brain cells by watching TikTok all day, future will be bleak.
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Web3 Emerging Technologies: Smart Contracts and Blockchain Innovation
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#Web3 comprises a combination of new #EmergingTech concepts and tools >>> @BainAlerts via @MikeQuindazzi >>> #smartcontracts #cryptocurrency #blockchain #fintech >>> technology report http://
shorturl.at/tvEV0