Core R&D, training, public education at all levels, health care, small businesses of all kinds, arts and entertainment, and many more.
Basically IP generation at all levels, and high-touch face-to-face service businesses.
The US already had the foundations for a post-industrial economy, but the cancer of extractive financialisation ate it alive. Instead of expanding into diversity it contracted into a startup culture that's always been a thin front for Wall St.
So the result is that it's very hard to start a mid-rank IP or service business. You have small-scale cottage-level producers like authors, musicians, video creators, and indie app developers relying on huge monopolies like Amazon, Spotify, Google, and Apple, and you have bigger projects playing the startup game and scrambling for funding rounds, where anyone who doesn't become a unicorn is a loser.
There's plenty of space for businesses between those extremes, but the economy isn't set up to support them. The space isn't dead yet, but it could be much, much bigger.
Universities and corporate R&D have similar issues. Metrics support conformist publishing and resume-development, not risky original talent and exploration.
Tariffs and brain drains are absolutely toxic and are going to nuke all of these spaces.
Core R&D, training, public education at all levels, health care, small businesses of all kinds, arts and entertainment, and many more.
Basically IP generation at all levels, and high-touch face-to-face service businesses.
The US already had the foundations for a post-industrial economy, but the cancer of extractive financialisation ate it alive. Instead of expanding into diversity it contracted into a startup culture that's always been a thin front for Wall St.
So the result is that it's very hard to start a mid-rank IP or service business. You have small-scale cottage-level producers like authors, musicians, video creators, and indie app developers relying on huge monopolies like Amazon, Spotify, Google, and Apple, and you have bigger projects playing the startup game and scrambling for funding rounds, where anyone who doesn't become a unicorn is a loser.
There's plenty of space for businesses between those extremes, but the economy isn't set up to support them. The space isn't dead yet, but it could be much, much bigger.
Universities and corporate R&D have similar issues. Metrics support conformist publishing and resume-development, not risky original talent and exploration.
Tariffs and brain drains are absolutely toxic and are going to nuke all of these spaces.