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. > > 2. 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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