Post #3745855
2026-07-11 19:25 UTC
To me the fundamental question has to be: what benefit to society does it provide for an individual to have that much wealth? I have not yet found an answer that convinces me there is any.
Replies (1)
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@tim@union.place 2026-07-11 19:27
"But billionaires take risks and start businesses!" This is one of the top arguments I see people around me in tech making. But guess what - people who aren't rich also take risks and start businesses. And some of those become the biggest businesses out there! Larry and Sergey weren't rich when they started Google. Far from it. What value does their obscene wealth now provide to society? I argue: none. They could have 1/100th of their personal wealth and still live exactly the same.