James Temple of the San Francisco Chronicle tries to make the point that we shouldn’t bash the government for hampering innovation when it’s often the only entity that lead to true innovation — or something. It’s all sort of muddled. But what’s really odd is that in his attempt to get to his point, Temple throws Max Levchin under the bus.
This is weirdly misguided since Temple clearly doesn’t fully understand what Levchin’s new company, Affirm, is trying to do. If Levchin is successful in making payments a true one-click experience on mobile devices, I think that would be pretty damn innovative and have massive “game-changing” ramifications across many fields — potentially anyone trying to make money online in our increasingly mobile society.
Just because something seems simple doesn’t mean it can’t have a huge impact. But hey, it’s not putting words down on dead trees to sell increasingly decaying advertising space.