Why you lot (the US) still let the rich buy politicians is beyond me.
I get you don't have a choice in the matter, because the rich are in power, but still kinda sucks.
At least it's clear now: It's not about blue or red, it's all about who has the green vs. everyone else.
"There is only one party in the United States, the Property Party … and it has two right wings: Republican and Democrat. Republicans are a bit stupider, more rigid, more doctrinaire in their laissez-faire capitalism than the Democrats, who are cuter, prettier, a bit more corrupt — until recently … and more willing than the Republicans to make small adjustments when the poor, the black, the anti-imperialists get out of hand. But, essentially, there is no difference between the two parties." - Gore Vidal
Eh not just the broligarchs, consulting giants want in on the action too - Will AI Eat Consulting? A Consultant’s Perspective (https://rimaiti.substack.com/p/will-ai-eat-consulting-a-cons...)
When Sheldon Edelstein, the Koch Brothers, Michael Bloomberg (who famously during the 2020 Democratic primary debates had a Freudian slip of admitting outright buying congressional seats) and sundry other oligarchs throw their assets around, it's a non-issue, but suddenly new blood and noveau riche start doing it and it's somehow gauche and a threat to democracy, while also being outright misandrist. Selective rigor is the enemy. It's bad when anyone does it, not just when your outgroup does it.
Final stage capitalism: Monarchy sanctioned by money not god.
> Eight years ago, the PayPal and Palantir co-founder Peter Thiel was an outlier in liberal Silicon Valley for publicly supporting Donald Trump.
Is the opening sentence supposed to imply that Thiel (and Elon) are no longer outliers?
I thought 99% of the SV elite were still donating vast sums of money to the other party. Since, all of a sudden, everyone is concerned with billionaires why the obsession with Elon? It’s OK when big money donates to one side but not the other?
Not a fan of how "bro" is now a slur for, "non-obese male who holds opinions with which I disagree"
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What I find most frightening is the trick Musk played on regular investors via his pay package that is now worth tens of billions. Multiple times more than what Tesla earns per year.
No regular investor digs into this kind of company details. Nor do they understand the risk reward mechanics at play. And they shouldn't have to.
If the stock market gets played with unusual contracts like this one, regular investors will be cheated out of the value that is created by replacing more and more jobs by AI.
https://archive.ph/Gbrjo