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>If the project doesn't pan out, it's actually just voluntary redistribution of wealth and the society is better off than if Sam's investors hoarded that money
by dralley 3y ago
>If the project doesn't pan out, it's actually just voluntary redistribution of wealth and the society is better off than if Sam's investors hoarded that money or used it to buy up real estate or make other fairly safe and boring bets.
And yet, still dramatically worse off than if they had decide to "change the world" by funding access to clean water in rural India / Africa, or something along those lines.
- bamboozled 3y agoInvesting in renewables and nuclear should really be where it's going. Should've been done 30 years ago. It is hard to argue with, "but AI will make better panels", maybe it's true, but we need to survive the next 10 years to realize the benefits. Where I am today it's 15c above average... Mark has kids so he should know what's at stake.