On 1/12/14, 9:50 AM, glen wrote:
Ah, got it. The ROI of the rich is steadily going down. But what you're
saying is only that one group of rich guys is losing influence compared
to another group of rich people. The two groups may be distinguishable
but they're still rich.
I don't know about that. Imagine a poor kid in Romania with a $500
laptop attached to a local pirate party, Anonymous, etc. Such people
have penetrated very secure systems for just for bragging rights. Such
people have conducted large scale denial of services attacks costing big
companies millions of lost business. And of course there's the
insider threat type thing, as with Snowden. Really simple ideas like
Facebook or Megaupload have caught on like wildfire, generating enormous
wealth almost instantaneously, even though they do nothing particularly
profound for the world and wouldn't be that hard to build. Another
example is Apple with Jobs a the helm vs. Sculley at the helm. Same
company, same balance sheets. Different technical innovation
strategy. It's not just the money that matters its the ideas and the
leadership too.
Marcus
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