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Makes total sense. Just recently I had discussion with my wife about climate change, why billionaires won't just solve the problem and what we can do to help?
by skolos 10y ago
Makes total sense.
Just recently I had discussion with my wife about climate change, why billionaires won't just solve the problem and what we can do to help? What is the best nonprofit to donate?
The conclusion of our discussion was that the problem is much bigger than what billionaires can solve with direct money, governments could do something, but politics is in the way, so the only hope is that technology will help. Hence the best way is not to donate to nonprofits, but invest in tech companies that might help with climate change. And get rich while doing that.
- Maarten88 10y agoPolitics can amplify or inhibit success in the market by setting policy, and I think it will be very hard to innovate around this problem. I'd expect these investors to pick places to invest where government policies will not work against their objectives, which probably is China and EU, not US.