I like this idea. If any rent-seeking group achieves market dominance, the government should regulate their prices. For example, the price of prescription drugs and higher education should be set by the government. Laissez-faire capitalism only works in markets with price competition.
Ultimately, I think most industries will evolve into government regulated monopolies. Consolidation is a standard part of the life-cycle for most markets. We should embrace the efficiency that dominant players can achieve.
With regard to individuals, I think a universal basic income is the long-term solution. Let a few people become billionaires, while the masses are paid to relax at home. There is a large amount of wasted resource in industries like retail, marketing and sales. Society would probably be better off if those industries shrank.
There is also the option of part-time consulting to pay the bills while building the startup. As a Django consultant, this person could probably make $50k annual income by consulting a few days per week. The rest of his time could be dedicated to the startup business.
Even if you have low living costs, you should still consider opportunity costs of not working. A consultant making $100k per year who takes two years off to do a failed startup has effectively lost $200k in income.
Was the Xbox 360 really a huge success? It came second or third in sales for its generation of consoles. 75 million units in seven years is a small number compared to mobile devices. Android sold 144 million devices in Q4 2012 alone.
I think the next generation of consoles are going to struggle against cheaper systems like OUYA and tablets.
Lower your expectations. Be grateful for your health and living in a developed country like Switzerland. You have awesome mountains there.
Startups are an escapist fantasy for millions of people. I would guess 99% of web startups make no money. Most HN readers are in the same situation as you, but that doesn't make them losers. Enjoy life and think of your startup like a lottery ticket.
I guess they were too optimistic on the home robot. Hopefully, they will start to become useful in the next few years. I personally would like to see Microsoft, Google and the other big tech brands launch home robots.
OK, I am sold on Go as my next language for web applications. Unfortunately, I can't throw away the existing PHP/MySQL code. Any suggestions on how to integrate Go and PHP into a single web server? Should I be using FastCGI for Apache to call the Go programs?
If it hits Mars, it could help to terraform the planet. The CO2 ice caps would melt and heat the atmosphere. It would melt a significant amount of frozen water in the soil and thicken the Martian air with water vapor too.
Wikipedia is predicting a 1 in 1250 chance of hitting Mars. Outgassing as the comet nears the sun could change its trajectory significantly also.
I enjoy driving electric too. Electric motors are quiet, clean and responsive. There are 18 models of plug-in hybrid coming to the market by 2018. I think the hybrids will sell better than the pure battery vehicles as they don't cause range anxiety.
The Chevy Volt has a data link and remote apps for IOS and Android. There's a web API that allows sites like Volt Stats to download from thousands of cars. The Chevy is not a $15000 car, but the prices are dropping. The Nissan Leaf can be bought for under $20k after tax rebates in California.
Let's hope they land humans on the Moon and Mars in the next 13 years. Elon has much more capital now than back in 2002. They are the most likely company to settle space.
Good point about false positives. The device could upload images to a human operator who would activate the defenses. This would add some reaction time, but it would reduce the potential for false positives.
If the device has image recognition to detect firearms being brandished, the operator could trigger the defenses before the first shot is fired perhaps.
A low-cost clone could be mounted on the ceiling in a room. Some stun grenades and tear gas would disable the shooter anywhere in the room. This would be a cheap solution. Include a wireless mesh network connecting the devices, and they could disable the shooter even as he flees the first room.
An automatic gun defense device like a smoke detector that is cheap and ubiquitous. The device should cost $100-$200 and could be installed in schools, shopping malls, cinemas and street lamps.
If the device detects a gun-shot, it locates the shooter through triangulation of the sound and image recognition. Non-lethal defenses would be deployed automatically to prevent continued shooting: e.g. stun grenade/flashbang, tear gas, electric shock. After detecting a gun-shot, the device would record audio/video and call 911 automatically. The shooter's escape could be tracked through a network of the devices.
We need the FDA to regulate drugs and medical devices. There's too much potential for quackery. I don't think removing the FDA is going to find a cure for diabetes. It's a fundamental research problem at this stage. Stem cells are showing some potential as a future cure. See the article below.
We need more funding for medical research. PhDs should not be low-paid labor. Too many smart people drop out of research careers due to the low salaries. We should be paying medical researchers similar incomes to engineers at Silicon Valley tech firms.
California taxes are funding one of the biggest research efforts into stem cells. So the big tech firms are contributing to the effort through their taxes.
Totally agree. Learning object oriented frameworks gives me a headache. I learned C back in 1991 for first-year CS classes. Consider all the software built in C: Linux, FreeBSD, Apache, etc. It's the dominant infrastructure of the web.
What language will be used to build the first human-level AI? I think it will probably be C, and less than 1 million lines of code.
Ultimately, I think most industries will evolve into government regulated monopolies. Consolidation is a standard part of the life-cycle for most markets. We should embrace the efficiency that dominant players can achieve.
With regard to individuals, I think a universal basic income is the long-term solution. Let a few people become billionaires, while the masses are paid to relax at home. There is a large amount of wasted resource in industries like retail, marketing and sales. Society would probably be better off if those industries shrank.