The problem is that only four companies could bring the technological improvements you talk about to market. They are the only ones because they have achieved monopoly status and should be broken up.
Under the current regime, what is SoftBank to do? Buy four stocks and call it a day? Or pretend to find unicorns that aren’t even tech companies?
This is bar none the saddest comment I have read on HN in recent memory. Do that many of us feel that helpless and useless? Almost every tech we use was started by a single talented and/or dedicated person with the support of a small group of similar people.
This is that small group of similar people, and you may be that person.
the vision fund is like $100 billion right? you don't think that's enough resources to bring about some big change? why are only 4 tech companies capable?
Add Facebook too. But basically hardware is really difficult and we plucked all the easy fruits long way back. A small misstep will kill you (eg: Intel and 10nm).
> But basically hardware is really difficult and we plucked all the easy fruits long way back.
Remember the old saw "You only use 10% of your brain."? Yeah, that's wrong, but what is almost completely true is "You only use 1% of your transistors."
We have a zillion free transistors and they spend all their time idle--even on tiny, battery powered electronics. We haven't even scratched the surface of what to do with all these transistors.
I have two entire Linux machines that communicate in such a way merely to open a door. And I only feel slightly guilty about being that wasteful. :)
Everybody programs embedded hardware with dongles with underpowered microcontrollers. Why? Put an entire Linux computer behind it (RPi or Beaglebone)--now what can you do?
The current failure of tech is lack of imagination. Or, perhaps more charitably, lack of competent implementors (hardware and software) with imagination.
Transistors are free--now let's build something out of them.
Under the current regime, what is SoftBank to do? Buy four stocks and call it a day? Or pretend to find unicorns that aren’t even tech companies?