I don’t think a unified rich establishment wants others to be poor, but many valuable professions have a high barrier to entry, few positions and as a result only a small pool of experts to draw from. Examples are brain surgeons, remote submarine operators, fortune 500 CEOs.
ECONOMY
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Airline Classes Reveal Income Inequality and Professional Bargaining Power
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The sharp discontinuities between airline classes illustrate that income differences don’t always reflect the smooth continuum of human ability but also differences in bargaining power of different professions.
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VC Criticism Sparks Professional Pushback Among Colleagues
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No it’s not a subtweet for you specifically. There’s many like you. (I am always getting DMs and whatsapp from colleagues when i post VC critical stuff 😉 )
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Technology Price Reduction Increases Market Accessibility
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Actually it will likely drive the price down and increase accessibility
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Europe’s Robotics Opportunity: Building Trillion-Dollar Companies
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Robotics can be Europe’s saving grace. We got tons of manufacturing, deeptech competence, and high labor costs. Perfect breeding grounds for the next robotics trillion $ companies. Ps:
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Lithium batteries essential for renewable energy transition
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Lithium maybe not be all clean vibes, but we are gonna need moar batteries to transition to renewable sources
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Byju’s Crisis Signals Long Winter for Startups
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Byju’s woes, new wave of #layoffs signal long winter for start-ups! https://
newindianexpress.com/business/2024/
Jan/28/byjus-woes-new-wave-of-layoffs-signal-long-winter-for-start-ups
… #startup #startups #Entrepreneur #Unicorn #StartupIndia #Entrepreneurship #SiliconValley #startupspace #StartupNews #LeanStartup #business #bot #MSMEs #MakeInIndia #StartupIdeas #RT -
US Lithium Reserves Could Power Clean Energy Revolution
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Mind blowing just how blessed the US is in terms of geological wealth. This new lithium reserve in California is in addition to those discovered along the Nevada-Oregon border. We’re sitting on a clean energy goldmine!
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Best Nasdaq NYSE stocks for tech investors
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Cool stuff guys
What are the great stocks to invest in Nasdaq or NYSE?