I featured it in one of my recaps, but Nobody Special does an excellent job explaining the financial engineering of "round tripping" as a way of boosting nvidia stock.
I'm convinced this is one of many attempts to maintain a stranglehold over tech production and stave off independent innovation.
That's part of it but I'm primarily focused on skills development.
Many people bemoan the fact that "everyone wants to be an influencer, and nobody wants to do (x trade)" but the truth is that's where the money is. This applies within sectors of the economy as well.
Why would someone interested in their person situation invest in skills like electrical engineering or low-level software/hardware development to build secure hardware for pennies when they can make fat stacks doing literally anything for NVIDIA, or even more by learning "AI skills"?
Over the course of researching what's needed for a technological revolution for the better, I've become convinced the greatest barrier is the skills gap, not even money or hard-technological barriers.
There's more to this, but lots of money flowing around a space sends a strong signal that I believe creates a "cargo cult effect" that basically creates irrational behavior.
Ah I see, yeah I get your point. Software engineering is much easier and often pays better than hardware engineering, so most people skip the lower level harder work.
You might find this video interesting: https://youtu.be/2-CZlTuNKoY
I featured it in one of my recaps, but Nobody Special does an excellent job explaining the financial engineering of "round tripping" as a way of boosting nvidia stock.
I'm convinced this is one of many attempts to maintain a stranglehold over tech production and stave off independent innovation.
Oh wow, that's crazy. 2 minutes in and I'm already learning new things. Thanks for sharing!
So you think maintaining artificially high valuations is a way to raise barriers to entry for smaller companies wanting to enter the space?
That's part of it but I'm primarily focused on skills development.
Many people bemoan the fact that "everyone wants to be an influencer, and nobody wants to do (x trade)" but the truth is that's where the money is. This applies within sectors of the economy as well.
Why would someone interested in their person situation invest in skills like electrical engineering or low-level software/hardware development to build secure hardware for pennies when they can make fat stacks doing literally anything for NVIDIA, or even more by learning "AI skills"?
Over the course of researching what's needed for a technological revolution for the better, I've become convinced the greatest barrier is the skills gap, not even money or hard-technological barriers.
There's more to this, but lots of money flowing around a space sends a strong signal that I believe creates a "cargo cult effect" that basically creates irrational behavior.
Ah I see, yeah I get your point. Software engineering is much easier and often pays better than hardware engineering, so most people skip the lower level harder work.