Loving Cyrus' rant for the first 10 mins. Shockingly true. That said, the "major problems" in society are deeply complex and require immense amounts of patience, people and scaled solutions to solve. They're usually beyond the reach of just one organisation - the closest any company comes is Tesla - where old school energy storage industries (oil & gas) and transport (cars) composed the 10 largest revenue companies over the 20th century - Tesla covers both these industries but addresses a fraction of the total sales despite it's supposed "size". I suppose my question is: how can one organisation rise to the challenge of solving something as large as e.g. global water shortages or hydrogen production? It requires lots of concrete and metal, not just zeros and ones! (kind of what Cyrus is already saying)
Definitely agree Rahul - and I guess we don't know the answer yet. Throwing money at one company as a solution doesn't necessarily work and equally you can get into the dangers of monopolisation (and then gov intervention). But I guess the framing of your question can be limiting - how can multiple conglomerates or economies facilitate the solving of these existential issues? This is probably a better trodden path by humanity and in my opinion more likely to create environments that enable innovation, while also enabling companies like Tesla (and entrepreneurs like Musk) to emerge and thrive. What do you think?
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📣 📣 📣 📣 📣 WHAT BILL SAID!!!
Loving Cyrus' rant for the first 10 mins. Shockingly true. That said, the "major problems" in society are deeply complex and require immense amounts of patience, people and scaled solutions to solve. They're usually beyond the reach of just one organisation - the closest any company comes is Tesla - where old school energy storage industries (oil & gas) and transport (cars) composed the 10 largest revenue companies over the 20th century - Tesla covers both these industries but addresses a fraction of the total sales despite it's supposed "size". I suppose my question is: how can one organisation rise to the challenge of solving something as large as e.g. global water shortages or hydrogen production? It requires lots of concrete and metal, not just zeros and ones! (kind of what Cyrus is already saying)
Definitely agree Rahul - and I guess we don't know the answer yet. Throwing money at one company as a solution doesn't necessarily work and equally you can get into the dangers of monopolisation (and then gov intervention). But I guess the framing of your question can be limiting - how can multiple conglomerates or economies facilitate the solving of these existential issues? This is probably a better trodden path by humanity and in my opinion more likely to create environments that enable innovation, while also enabling companies like Tesla (and entrepreneurs like Musk) to emerge and thrive. What do you think?