Ben,<\/p>\n
Part of what I am doing is trying to design low cost tools for the 8 billion humans now.\u00a0 If I can spend three months and spend $500 to focus on VR hardware by buying a few low cost examples ($500 worth) then recommend ways to look at VR and AR without hype, maybe I can save a few trillion dollars by giving people a way to evaluate that fairly, just like you did with your “time value of money” example.<\/p>\n
“What is important?”\u00a0 “Where should we put our time and money?” – those are good questions to help individuals and organizations to answer clearly and efficiently.<\/p>\n
The world median income per capita s $2920 per year or $2920\/(2000\/8) = $11.68 per work day where a standard work year is 2000 hours or 250 eight hour days.<\/p>\n
Median means half.\u00a0 So half the world of 8 billion (4 billion) people live on $2920\/365.25 = $7.99 or $8 per day or less<\/p>\n
US median income (half) is $75,143
\nWorld per capita income (8 billion) is $13,920<\/p>\n
$13920 = (50% *\u00a0 X) + (50% <\/em>\u00a0* $2920)<\/p>\n X = $24,920<\/p>\n So 4 billion people below median income in the world make (2920\/24920) = (1\/8.5) = about 1 eighth what the upper half do.\u00a0 It is worse than that, but I am getting too tired and have a head ache.<\/p>\n But some countries have lower cost of living.\u00a0 So go live in a country with good internet, good healthcare and schools, good quality of life and make money at global salary levels – by working on the Internet.\u00a0 It is the new world (and eventually heliospheric) economy.<\/p>\n","protected":false},"excerpt":{"rendered":" Ben, Part of what I am doing is trying to design low cost tools for the 8 billion humans now.\u00a0 If I can spend three months and spend $500 to focus on VR hardware by buying a few low cost examples ($500 worth) then recommend ways to look at VR and AR without hype, maybe
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