According to one of the most prominent economists of all time “An entrepreneur is a person who shifts economic resources out of an area of lower and into an area of higher yield.”
Whatever be the definition of an entrepreneur in the modern sense, most of the so-called entrepreneurs work on the simple idea of the late twentieth century “Let’s change the world”. They identify the need of a niche market and try to fulfill it by working day and night to solve a problem making the life of an individual more and more comfortable. After that they got satisfied seeing their names in headlines, giving media interviews, telling their life story of ‘failure to success’, motivating others to replicate what they did and enjoy a life of comfort and luxury as they have.
There is nothing wrong in it, after years of struggle a person just craves more and more appreciation and rest.
At the end of the first quarter of 21st century, there is an ample supply of entrepreneurs who are interested only in changing the world by replicating the same established brands and transferring the ground market to the online shopping portal. It’s not called entrepreneurship, it’s just a case of ‘modeling what is already and bragging as if it's completely new” but it fits in the above definition so you have the right to call yourself an Entrepreneur if you do that.
In the twenty-first century, the world not needs the slogan of ‘Let’s change the world’ but more important than that ‘Let’s save the world’. And it’s only possible through the use of ‘next generation technologies’ to meet the day to day needs of 7.7 billion Sapiens. The population of the Earth is growing day by day and also their desires and fears. To ensure the well being of the whole Homo Sapien Race, there is an urgent need for more renewable energy sources and more than limited, if not, unlimited resources.
Humanity needs ‘futuristic entrepreneurs’ who are capable of solving ‘problems of masses not only of a small niche market’. The tools that they need are already under development.
The use of Web 3.0, harnessing energy from Sun and nuclear fusion, use of Blockchain Technology for creating trustworthy decentralized systems, eco-friendly tech inventions powered by selflessness not greed, the assistance of artificial intelligence with the guidance of natural intelligence and exploration of outer space for multiplanetary inhabitance to ensure the survival of the human race.
With the passage of each day the need for more and more ‘evolved conscious futuristic entrepreneurs whose creations will be based entirely on realistic imagination of infinite potential, not on the limited human thinking of finite resource consumption’, is increasing. The fate of humanity is at the hands of these new real-life Avengers.
There is a Hype that, “despite AI Hype, true Artificial General Intelligence is still out of reach”. For the past time of media gossip addicts and mediocre minds it can be true, but not for the ‘futuristic entrepreneurs’.
It’s difficult if not impossible to examine who is creating whom.