alt Hacker NewsI have grown to not agree with this idea. Sorta, at least.
It isn't so much that I think the criticism is wrong. Many people do think they could more effectively do something in a different area. But this isn't a stack thing. People are largely ignorant of a ton of work happening everywhere.
You see that ignorance quite commonly in stuff like climate activism. Young activists are convinced that nobody is working on the problem. And to be clear, it would be nice if maybe more people were working on some problems. But please don't ignore the progress made by a lot of hard work, in the meantime.
But back to "why companies keep failing." I could as easily assert that big companies fail when they stop pouring money into growing. Wouldn't be hard to build an argument that the more "funny money" is at play in a large company, the more they are stifling innovative ideas in their walls. Of course, if you pour money through leveraged debt, some day that comes due, as well.
> You see that ignorance quite commonly in stuff like climate activism. Young activists are convinced that nobody is working on the problem.
IMO the complaints here are well-founded, but maybe some wires have gotten crossed in communication. There are many climate related companies out there (with varying levels of actual utility). People are obviously working on the problem, but the policy side is largely captured by big oil and other monied interests who would lose a lot of money if any meaningful shift away from fossil fuels were to happen.
Addressing the climate crisis using minimally subsidized market forces is way too slow to be effective at reaching even the bare minimum Paris Accords numbers. Even those policies at this point are being dismantled and called a "climate hoax". The market side work is laudable, but the climate crisis cannot be averted without a supportive policy framework.
I do a lot of activism work and the critique is typically centered on "nobody in the government is making progress on climate policy", not "nobody is doing anything at all". Though maybe we're talking to different groups of people lol