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"net win for humanity" can be taken two ways. Elon / Jeff not making it back could also be considered a "win" even if dark. For the good they have done they hav
by sschueller 5y ago
"net win for humanity" can be taken two ways. Elon / Jeff not making it back could also be considered a "win" even if dark. For the good they have done they have done a lot of damage to humanity on their way to become billionaires.
- whitepaint 5y agoWhat damage did they do?
- Ticklee 5y agoManipulated the price of certain crypto, and monopolized e-commerce.
- SergeAx 5y agoYes, that crypto thing was a real damage for humanity.
- Ticklee 5y agoThe people who are hurt by dips whether artificial or not are invariably going to be new, small time investors. Even if you think they shouldn't gamble with their money I find it hard to argue there was no damage done.
- meepmorp 5y agoThink of the millions of starving kids in 3rds world countries who might've been lifted out of poverty, but for Musk's mercurial tweets about Bitcoin.
- whitepaint 5y agoSpeculative bubble getting bigger and bigger by attracting greater and greater fools. No matter what Elon does or says, it's just a zero-sum game. What would the humanity lose if Bitcoin disappeared right now? Absolutely nothing (except people who hold it would lose their "investments"). To the second point, you should look into the definition of monopoly. Amazon is a behemoth, not a monopoly. And they have created immense value.
- fsloth 5y agoCould you be more specific? "A lot of damage to humanity" is a quite strong claim with deep ethical implications. I would prefer a concrete example of such an act.
- sschueller 5y agoIt would take me a week to go through every detail but wikipedia has some summaries: - https://en.wikipedia.org/wiki/Amazon_(company)#Controversies https://en.wikipedia.org/wiki/Amazon_(company)#Controversies - https://en.wikipedia.org/wiki/Tesla,_Inc.#Lawsuits_and_controversies https://en.wikipedia.org/wiki/Tesla,_Inc.#Lawsuits_and_contr...
- whitepaint 5y agoWhat constitutes "lots of damage to humanity" in those paragraphs you've provided?
- fsloth 5y ago"It would take me a week to go through every detail" I did not request every incident, but just one concrete example that would validate the quite strong characterization. In the United States being sued is not a proof of guilt, it's just a proof of being sued. This is unlike in some other countries, where the guilt of the person is presupposed and the purpose of the court ruling is just to make it official.
- Opt_Out_Fed_IRS 5y agoAmericans brains are not different than other countries brains. Just because you are on the other side of the invisible line doesn't mean your reputation doesn't get a hit when you are sued or even by hersay