@glyph Maybe… I do think the demand for high-return investments will continue to exist and someone will try to build supply for that demand even if they have to resort to scams and hoaxes to do so. Maybe *tech* will no longer be the "9 investments fail, one makes back 20x investment" area and maybe that money will go chasing returns somewhere *else*, somewhere they believe the 20x investment can still be had. The possibility I really dislike is that the area they settle on will be weapons
@mcc the *general* idea of a high risk/reward business venture is not totally crazy. I really don't want to veer into the idea that capital markets are a morally valorous technology, that would be like saying we should shove random stuff into a blast furnace because blast furnaces are cool, but there *is* a non-nightmare version of this, where this sort of investment goes towards creative projects. You could argue that movie studios and haute cuisine restaurants look like this.