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> Are billionaires awesome? Nope I disagree here. Billionaires are often pretty awesome. Once someone gets way more money than the could ever need, they tend t
by beatgammit 7y ago
> Are billionaires awesome? Nope
I disagree here. Billionaires are often pretty awesome. Once someone gets way more money than the could ever need, they tend to pursue other activities that they enjoy more than making money, which is frequently giving it away (Bill Gates, Warren Buffet) or starting moonshot space companies like SpaceX, Blue Origin, or Virgin Galactic. Even Zuckerberg donates to projects like these.
Rich people take on projects that may not be viable yet, but are important nonetheless, essentially filling the role that government used to play in R&D.
- bagacrap 7y agoYeah. And even if their hobby is tearing up cash to mulch their back yard, I don't think it inherently harms anyone. There's a lot of talk about a wealth gap but it still feels like those caught on the wrong side are more prosperous than they used to be (eg they have smart phones and many other modern conveniences which didn't exist a few decades ago).