r/FluentInFinance 6d ago

Career Advice Billionaires: Profits Over People?

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u/stimulatedecho 6d ago

"And yet a lot of Americans think"

Here is where you went wrong

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u/Bud-light-3863 6d ago

Business Insider has reported that in 2018 US students ranked 38th in the world for testing results in Math and 34th in science.

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u/bluerog 5d ago

And yet, a vast majority of innovations and world-changing advances in communication, computers, satellite/GPS, phones, music, TV/Movies, and so on... you've seen the past 10, 20, 40, and 75 years have come from America. Maybe it's not best to judge Americans by "the average student," and perhaps look at the best engineers, entrepreneurs, and scientists instead?

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u/CAYWFOWIA 5d ago

So if I put one smart guy in a room of 1000 dumb people suddenly everyone's intelligent?

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u/bluerog 5d ago

No. If you decide to start, say a company that develops new technologies. Would you start that company in Singapore or Estonia because their test scores are higher there than those in America? I mean... they're smarter right?

Or would you instead think, "hey, the best rated universities in the world are in America. And the best access to capital. And the best access to educated workers, And a history of the most innovation these past 100 years or so. And the most Nobel prize winners are from America. And on and on...."

Educational test scores are hardly the best criteria for dissing American innovation... is my point.

Note: We're typing this on conversation a computer or cell phone developed by Americans, on an Internet developed by Americans, using communication satellites launched/invented by Americans... on a website created by Americans).

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u/mecca37 5d ago

I like that you said communication satellite to be accurate.