There is motivation to do better - inventors are praised and financially rewarded, and those who successfully apply new tech are too.
Sure, an inventor won’t turn billionaire, but he also won’t run a risk of losing it all trying to apply said invention. Market actually scares many off, it’s not simply a land of opportunities.
This. Think of Bill gates, and think of Linus Torvalds. Inspiration to make money can only do so much. There’d be a lot more people making awesome stuffs today if large corps didn’t just buy any small tech company making anything that could be used. Sometimes they buy them and use it, sometimes they buy is and then ensittify it so people will have no choice but to use things they want.
No motivation to do better leads to stagnating tech evolution. If you remove private business you stagnate
There is motivation to do better - inventors are praised and financially rewarded, and those who successfully apply new tech are too.
Sure, an inventor won’t turn billionaire, but he also won’t run a risk of losing it all trying to apply said invention. Market actually scares many off, it’s not simply a land of opportunities.
This. Think of Bill gates, and think of Linus Torvalds. Inspiration to make money can only do so much. There’d be a lot more people making awesome stuffs today if large corps didn’t just buy any small tech company making anything that could be used. Sometimes they buy them and use it, sometimes they buy is and then ensittify it so people will have no choice but to use things they want.
We might fancy a little stagnation if you look around
Depends of the sector i guess