Tech Companies Give Back Moment (repost) 

We now exist an interesting interstitial moment, one defined by big corporations producing much of the innovation and some of the world’s richest companies – Apple, Amazon, Uber, Facebook – trying to solve big hairy problems. These are the problems that startups would have once solved but because they are so expensive – I’m talking about commercial VR, self-driving trucks, gene editing, and the like – there are no startups capitalized to tackle them.

This means…

  1. The startup trend will slow down.
  1. Big companies will tackle big problems.

…the companies with the most promise for solving the big problems – AI, VR, self-driving vehicles – are avoiding the economical and societal issues associated with these inventions.

Ultimately the future of innovation is the future of human endeavor and to ensure innovation we must reduce inequality.

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