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I'd like to emphasize that the above should be immediately obvious. The fact that it's not does not bode well for humanity's future. Billionaires simply _shoul

I'd like to emphasize that the above should be immediately obvious. The fact that it's not does not bode well for humanity's future. Billionaires simply _should not exist_. The fact that the power to shape societies is concentrated in so few can account for many of the existential threats we face today. AI is not "the problem", it's merely the latest symptom of our broken system and the prioritization of the wrong goals and outcomes. EDIT: grammar

smallmancontrov 7mo ago
AI, automation, and globalization would all be uncontroversially brilliant if the benefits weren't distributed like "150% of net benefit to capital, -50% net benefit to labor, better hope some of it trickles down brokie!"
- drzaiusx11 7mo ago
  I wholeheartedly agree, these are all "tools" at our disposal. We're just holding them wrong.
logicchains 6mo ago
>Billionaires simply _should not exist_. T If American billionaires couldn't exist then America would be even poorer and underdeveloped than Europe, the entire tech industry wouldn't exist, and it'd be entirely at the mercy of China. Because nobody's going to start a business in a country that violently confiscates their wealth just for being successful. The envy of people like yourself is a deep moral illness that destroys civilizations if left unchecked.
- wookmaster 6mo ago
  "violently confiscates their wealth just" Sure are jumping to some...conclusions there.
- drzaiusx11 6mo ago
  Have you actually spent an appreciable amount of time outside of the US? Europe isn't the place of destitution and squalor you imply. I highly suggest it, to widen your perspective at least. Maybe then you'll see it's quite the reverse in many cases.
- DemocracyFTW2 6mo ago
  > America would be even poorer and underdeveloped than Europe Sounds like a self-defeating argument to me.
rayiner 6mo ago
> Billionaires simply _should not exist Billionaires who inherit their wealth shouldn’t exist. But I have no problem with people like Bezos owning a sizable percentage share of valuable companies they created. When I was a kid, getting something ordered by mail took a week or two, even if you called in the order. UPS and FedEx existed, warehouses and storage trucks existed, but Bezos reduced that to a matter of hours. And now the sheeple can get their daily Amazon deliveries while complaining that Bezos is making a nickel on each one. In a purely analytical calculation—without emotional nonsense—one Jeff Bezos obviously is vastly more beneficial to society than thousands of ordinary people. If we just had school teachers, or whoever else you idealize, we’d all be living in mud huts. The average person would be living like an animal without the technology created by exceptional people like Bezos. Why shouldn’t society reward them lavishly?
- jjav 6mo ago
  > If we just had school teachers, or whoever else you idealize, we’d all be living in mud huts. Let's just look at countries which have high income and very low income unequality, like Finland. Turns out they don't live in mud huts, and most aspects of society work far better than in the USA.
- TFYS 6mo ago
  Bezos didn't create that wealth alone. He had help from thousands upon thousands of people. It's impossible to calculate how much of the value of Amazon was actually created by the work Bezos did, how much by other people in the company, and how much was just natural evolution brought about by technological and societal change. Bezos gets billions because he is in a position of power where he gets to take it, not because he created that much value. But even if Bezos actually creates billions of value on his own, it doesn't mean that he should get those billions. The reward for such high value work should be high enough that Bezos chooses to do it instead of something else, but it doesn't need to be higher than that. In a world where the highest paid position would reward a few million instead of a few billion, I'm sure Bezos and people like him would still gravitate towards that work since it'd still be work with the best rewards. People who have some revolutionary ideas wouldn't abandon them if the potential highest reward was millions instead of billions. Or do you believe that there are people with good ideas right now that abandon them because they can't earn trillions with the idea? What people expect as a reward for their work is what decides whether they do it or not. If we can lower the expectation, we can get the high value work without creating dangerous levels of power concentration.

smallmancontrov 7mo ago

AI, automation, and globalization would all be uncontroversially brilliant if the benefits weren't distributed like "150% of net benefit to capital, -50% net benefit to labor, better hope some of it trickles down brokie!"

drzaiusx11 7mo ago
I wholeheartedly agree, these are all "tools" at our disposal. We're just holding them wrong.

logicchains 6mo ago

>Billionaires simply _should not exist_. T If American billionaires couldn't exist then America would be even poorer and underdeveloped than Europe, the entire tech industry wouldn't exist, and it'd be entirely at the mercy of China. Because nobody's going to start a business in a country that violently confiscates their wealth just for being successful. The envy of people like yourself is a deep moral illness that destroys civilizations if left unchecked.

wookmaster 6mo ago
"violently confiscates their wealth just" Sure are jumping to some...conclusions there.
drzaiusx11 6mo ago
Have you actually spent an appreciable amount of time outside of the US? Europe isn't the place of destitution and squalor you imply. I highly suggest it, to widen your perspective at least. Maybe then you'll see it's quite the reverse in many cases.
DemocracyFTW2 6mo ago
> America would be even poorer and underdeveloped than Europe Sounds like a self-defeating argument to me.

rayiner 6mo ago

> Billionaires simply _should not exist Billionaires who inherit their wealth shouldn’t exist. But I have no problem with people like Bezos owning a sizable percentage share of valuable companies they created. When I was a kid, getting something ordered by mail took a week or two, even if you called in the order. UPS and FedEx existed, warehouses and storage trucks existed, but Bezos reduced that to a matter of hours. And now the sheeple can get their daily Amazon deliveries while complaining that Bezos is making a nickel on each one. In a purely analytical calculation—without emotional nonsense—one Jeff Bezos obviously is vastly more beneficial to society than thousands of ordinary people. If we just had school teachers, or whoever else you idealize, we’d all be living in mud huts. The average person would be living like an animal without the technology created by exceptional people like Bezos. Why shouldn’t society reward them lavishly?

jjav 6mo ago
> If we just had school teachers, or whoever else you idealize, we’d all be living in mud huts. Let's just look at countries which have high income and very low income unequality, like Finland. Turns out they don't live in mud huts, and most aspects of society work far better than in the USA.
TFYS 6mo ago
Bezos didn't create that wealth alone. He had help from thousands upon thousands of people. It's impossible to calculate how much of the value of Amazon was actually created by the work Bezos did, how much by other people in the company, and how much was just natural evolution brought about by technological and societal change. Bezos gets billions because he is in a position of power where he gets to take it, not because he created that much value. But even if Bezos actually creates billions of value on his own, it doesn't mean that he should get those billions. The reward for such high value work should be high enough that Bezos chooses to do it instead of something else, but it doesn't need to be higher than that. In a world where the highest paid position would reward a few million instead of a few billion, I'm sure Bezos and people like him would still gravitate towards that work since it'd still be work with the best rewards. People who have some revolutionary ideas wouldn't abandon them if the potential highest reward was millions instead of billions. Or do you believe that there are people with good ideas right now that abandon them because they can't earn trillions with the idea? What people expect as a reward for their work is what decides whether they do it or not. If we can lower the expectation, we can get the high value work without creating dangerous levels of power concentration.