On one side, there are employees who think of the company like a job. They come in, they work hard, and they do their job. They are rational actors, and the value they add to the company, while valuable, scales linearly.
Where does the college rank in US News & World Report college prestige list that dates back to 1981Are the classes amazing?Is there a sports team I’m keen to play on?Is there a particular professor I want to work with or a particular major I want to pursue? Only 27% of college grads end up with a job closely related to their major.
Abject poverty (living with less than $1.9/day) was cut by 50% from 2000-2012, lifting +1B people above this threshold. This is the biggest economic miracle in the history of humankind.
A popular misunderstanding of smart contract technology is that smart contracts work “automatically” without human intervention. Smart contracts are just passive object code stored on the blockchain. This code is called by miners/validators when users request it to be called by offering to pay miners for making such calls. In other words, smart... See more