alt Hacker NewsIf you don't think underwriting and lending (and extended universe of financial services) are legitimate forms of value creation, I'm afraid that a hackernews comment thread won't be up to the task of demonstrating otherwise.
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usef- • today at 1:40 AM
... Aren't we back to a definition, then, that includes tech companies adding value too? All the free services I use every day I would consider value for me. Instant free search, fast home delivery, insightful educational content (90s educational TV had no competition over modern educational YouTube). Etc etc. I see fewer ads than I did in the 90s, too.
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Theres a reason American capital markets and tech go hand in hand after all. Just read the recent Mistral thread about the lack of capital in Europe and why Mistral seems largely third rate in the AI frontiers.