Keyword Search: Silicon valley
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Source: The Guradian

Why do we keep praising Silicon Valley for reinventing the wheel?

Monday 12:40 GMT

Why do we keep falling over ourselves to praise Silicon Valley for reinventing concrete – or, if you prefer your analogies more straightforward, the wheel?

Last week, the New York Times ran a piece praising a “radically new” fee plan offered by a Silicon Valley-based university. Instead of charging tuition fees upfront, Lambda School allows students to pay back their debts after graduation – charging them proportionally, based on their salary.

“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte