this post was submitted on 26 Jul 2023
984 points (91.7% liked)

Technology

60087 readers
3898 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] paintbucketholder@lemmy.world 15 points 1 year ago (2 children)

Being a billionaire means having the means to help millions of people, and deciding to instead keep all that money for yourself.

[–] rm_dash_r_star@lemm.ee 3 points 1 year ago

Being a billionaire means using it to acquire more money which provides more power which provides more control. Shit floats to the top.

[–] vacuumflower@lemmy.sdf.org 1 points 1 year ago

Not necessarily. It may be optimization between what you give now and what you keep for later to make more, with the total effect on others' well-being being the criterion. I mean, theoretically.

If you make a dime and immediately give it away randomly, you are making a worse decision than keeping it by this criterion. If you immediately give it away not randomly, but to somebody you think needs it, still possibly worse because you could try and make much more and then, say, open a pharmaceutical company.

Say, with cattle you'd use some for meat and some to make more cattle to feed more people. You wouldn't just slaughter the whole herd for meat. It's worse.