But that means they seek projects that must be profitable and that’s exactly why I want the bloated investment power off their hands and into public projects that value psyche and society in the long run. Profit seeking leads to sick companies like Apple etc. with stances like “the customer should not be able to repair their shit”.
I think better regulation of the market so it benefits the consumers, like what EU tries to do, is more realistic than imagining a state being able to sustainably handle marketable innovation. I don’t think a state would have come out with efficient web search, smartphones or gen AI for exemple.
But that means they seek projects that must be profitable and that’s exactly why I want the bloated investment power off their hands and into public projects that value psyche and society in the long run. Profit seeking leads to sick companies like Apple etc. with stances like “the customer should not be able to repair their shit”.
I think better regulation of the market so it benefits the consumers, like what EU tries to do, is more realistic than imagining a state being able to sustainably handle marketable innovation. I don’t think a state would have come out with efficient web search, smartphones or gen AI for exemple.