Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> This is important for the American economy and for the inner city culture that Obama is always trying to reshape.

I 100% agree with this. This was a great way to set an example.

> Coders will rule the future global economy.

I completely disagree with this and haven't seen any evidence. You could say the same about engineers or doctors or any other skilled profession that deals things that affect people in a similarly pervasive fashion. None of them "rule the future global economy."

> As for pandering, no, it was symbolic and the presidency is all about the power of symbolism.

I'm not sure where this came from since I never talked about pandering.



Just look at Bitcoin, Ethereum, Counterparty and all the related startups around the cryptocurrency economy..decentralized EBays, currencies, stock exchanges, derivatives will rule the world economy in 6-20 years (not even talking here about the AI & medical revolution).


Politicians, old money and the most sociopathic CEOs will rule the world economy, just like they did last century (these categories are not mutually exclusive). Technology doesn't matter at the top; it's just another mechanism for screwing over adversaries. Some of today's behemoths will fall, but more will come out of the shadows to replace them.


Coders might build the future global economy, but I see no evidence that they'll rule it.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: