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He gave 1/3 of his stake back to Twitter's employees. And recently gave away 28% of his net worth, pledging $1b of his Square stake - "to fund a combination of

He gave 1/3 of his stake back to Twitter's employees. And recently gave away 28% of his net worth, pledging $1b of his Square stake - "to fund a combination of Covid-19 relief efforts, universal basic income and support for girls’ health and education." Your overly bitter hot take doesn't jive with reality very well in your suggestion that Dorsey particularly celebrates being wealthy.

skeeter2020 4y ago
There's nothing special about his billoinare's playbook though. After you sacrifice any and all morals & ethics to capture enough resources for a 1,000,000 lifetimes you set aside 1,000 lifetimes and use the rest to buy back your soul.
- throwaway356cda 4y ago
  The Giving Pledge https://givingpledge.org/about https://givingpledge.org/about > The Giving Pledge is a movement of philanthropists who commit to give the majority of their wealth to charitable causes, either during their lifetimes or in their wills. https://en.wikipedia.org/wiki/The_Giving_Pledge https://en.wikipedia.org/wiki/The_Giving_Pledge I could write myself a letter about my in-this-lifetime philanthropic intent too. (Edit) Philanthtopy: https://en.wikipedia.org/wiki/Philanthropy https://en.wikipedia.org/wiki/Philanthropy - "Save", "Spend", and "Give" jars/envelopes - Open Source, Open Access - Open APIs, Open Standards; https://webmonetization.org https://webmonetization.org
- xeromal 4y ago
  I've never understood this argument that to be a billionaire, it's required to destroy man peoples lives. There are plenty of people who got rich just selling their company. Hell, Notch (who is a piece of shit, but didn't have to be) became a billionaire by selling a video game. No murdering slaves required.
hackerlight 4y ago
If someone steals $X and gives 0.5*$X to charity, it's hard to see it as virtuous, even though it's preferable to giving $0 to charity. Getting rich off social media isn't literal theft, of course, but they've put such huge costs onto society which is paid for by us, so it is metaphorically similar. It's like a wealthy contract killer who donates half of his net worth ... Alright, but you made your money by extracting value from others.
- Jcowell 4y ago
  It’s always weird that we talk about the negative affects of SM but never the positives. For me personally SM has been a big positive in terms of meme culture , finding and joining communities , and learning about topics I never would have in any other case. Am I alone in this ?
  - hackerlight 4y ago
    But morally you can't impose unreasonably large costs on person A in order to give to person B. There are a lot of benefits to the customers of contract killers, but we don't allow it for good reasons.
- throwaway356cda 4y ago
  How is selling ads "stealing"? If 50% of the users are bot followers bought by PACs from foreign countries - who are gluing posters to the walls, enraging actual customers, and ordering free waters - how much time do the regulars want to spend there? Figure out a way to charge the PACs for the spammy vitriol that they bought and smeared all over Biz, Evan, Noah, and Jack's.
  - hackerlight 4y ago
    The metaphorical theft is from the people who have had uncompensated costs imposed on them, such as the people that were killed in Myanmar after their killers organized on Facebook.
    - 4y ago
jjulius 4y ago
It would be an "overly bitter hot take" if he wasn't still worth billions after giving all of that money away.

skeeter2020 4y ago

There's nothing special about his billoinare's playbook though. After you sacrifice any and all morals & ethics to capture enough resources for a 1,000,000 lifetimes you set aside 1,000 lifetimes and use the rest to buy back your soul.

throwaway356cda 4y ago
The Giving Pledge https://givingpledge.org/about https://givingpledge.org/about > The Giving Pledge is a movement of philanthropists who commit to give the majority of their wealth to charitable causes, either during their lifetimes or in their wills. https://en.wikipedia.org/wiki/The_Giving_Pledge https://en.wikipedia.org/wiki/The_Giving_Pledge I could write myself a letter about my in-this-lifetime philanthropic intent too. (Edit) Philanthtopy: https://en.wikipedia.org/wiki/Philanthropy https://en.wikipedia.org/wiki/Philanthropy - "Save", "Spend", and "Give" jars/envelopes - Open Source, Open Access - Open APIs, Open Standards; https://webmonetization.org https://webmonetization.org
xeromal 4y ago
I've never understood this argument that to be a billionaire, it's required to destroy man peoples lives. There are plenty of people who got rich just selling their company. Hell, Notch (who is a piece of shit, but didn't have to be) became a billionaire by selling a video game. No murdering slaves required.

hackerlight 4y ago

If someone steals $X and gives 0.5*$X to charity, it's hard to see it as virtuous, even though it's preferable to giving $0 to charity. Getting rich off social media isn't literal theft, of course, but they've put such huge costs onto society which is paid for by us, so it is metaphorically similar. It's like a wealthy contract killer who donates half of his net worth ... Alright, but you made your money by extracting value from others.

Jcowell 4y ago
It’s always weird that we talk about the negative affects of SM but never the positives. For me personally SM has been a big positive in terms of meme culture , finding and joining communities , and learning about topics I never would have in any other case. Am I alone in this ?
- hackerlight 4y ago
  But morally you can't impose unreasonably large costs on person A in order to give to person B. There are a lot of benefits to the customers of contract killers, but we don't allow it for good reasons.
throwaway356cda 4y ago
How is selling ads "stealing"? If 50% of the users are bot followers bought by PACs from foreign countries - who are gluing posters to the walls, enraging actual customers, and ordering free waters - how much time do the regulars want to spend there? Figure out a way to charge the PACs for the spammy vitriol that they bought and smeared all over Biz, Evan, Noah, and Jack's.
- hackerlight 4y ago
  The metaphorical theft is from the people who have had uncompensated costs imposed on them, such as the people that were killed in Myanmar after their killers organized on Facebook.
  - 4y ago

jjulius 4y ago

It would be an "overly bitter hot take" if he wasn't still worth billions after giving all of that money away.