this post was submitted on 13 Mar 2025
161 points (100.0% liked)
World News
22244 readers
183 users here now
Breaking news from around the world.
News that is American but has an international facet may also be posted here.
Guidelines for submissions:
- Where possible, post the original source of information.
- If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.
- Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.
- Do not post ragebait or shock stories. These will be removed.
- Do not post tabloid or blogspam stories. These will be removed.
- Social media should be a source of last resort.
These guidelines will be enforced on a know-it-when-I-see-it basis.
For US News, see the US News community.
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I don't know. I were filthy rich, I for one probably wouldn't mind a small (and quite likely temporary) hit on my net worth if it means I get to buy promising upstarts and some of my competitors for small change because they're now grossly underfunded/undervalued thanks to the crash.
But then again, I'm a cynic, and probably just projecting here.
Really? Because if I had even a fraction of their wealth, I would stop working and just enjoy my life because I already had far more money than I could ever need. I would fund passion projects, and give away money to causes that I believe are important.
These are not normal people. It's never enough for them.
I think they are people with an endless greed that feeds into itself. With their money, they can generate millions in passive income just by having investments. The system rewards their behavior
An analogy that pops into my head is when you have people that are high rank in a multiplayer game, create a new account so that they can be paired with people who are just starting out. The system feels like it's just letting smurf accounts demolish everyone.
That analogy maybe isn't perfect, though, because it implies the ultra wealthy are more skilled when it's really just a resource allocation issue.
All cynicism aside, so would I, probably. What good is immense wealth if you don't use it as a means to gain happiness?
As much as it pains me to say this as a decades-long passionate M$ hater, Bill Gates is doing something right there.
But you're right about one thing of course ...
IMHO Melinda changed Gates's view on the world. As much as her desktop idea was nightmare fuel, they did create a foundation, had some kids together, and that let Gates grow as a person away from Ballmer's "Developers, Developers, Developers!" culture.