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Bill Gates is worth ~96B as of September 1st, according to Forbes. A report from last August noted he had so far donated ~50B. So, you would profess that the
by indigodaddy 8y ago
Bill Gates is worth ~96B as of September 1st, according to Forbes. A report from last August noted he had so far donated ~50B. So, you would profess that the resultant effect on your employment market from Gates' donations has negatively impacted your salary by more than 50%? That sounds like a preposterous claim, but obviously one that cannot be proven.
- toxik 8y agoMeaningless relative comparison, and you know that.
- indigodaddy 8y agoPoint is, that in relative terms, Gates' donations absolutely _don't_ cost OP more than they do Gates.
- jondubois 8y agoAs a software developer who works in Europe, a large proportion of my colleagues come from developing countries and they have a great work ethic, so it doesn't seem that far-fetched that the added competition would have a significant negative impact on wages in my industry across Europe. I agree that it's very complex though and we can't really measure how much Bill Gates' philanthropy may have contributed towards this trend. I just wanted to point out that good things tend to have negative unintended side effects. For every deal, there is always a winner and a loser.