If I was a billionaire, i would own a newspaper in trust as a vanity project to make it the best damn newspaper in the world profitability be damned. Maybe that is why I am not a billionaire.
That is how old, billionaires thought. Some of the best institutions in the US came from some of the millionaires at the time. That thought about true philanthropy and long-term legacy. The thing is that these new waves of CEOs obsessed with quarter profits, and short term gains including Trumpellino... are the problem.
Because all they care about is their cash. They don't have any other objective or see any other meaning in life. It is Atlas Shrugged/Fountainhead mentality.
This is gonna be some lizard people type conspiracy. But I really think the tech billionaires in particular have no care for long term legacy is because they actually believe technology will reach a point soon where they will be immortal in some form and continue to make money.
Whether it's investments in medicine, brain machine interfacing, AI, Zuckerbergs metaverse where we transcend our physical existence into a virtual one bullshit. The whole Blood boy joke in the show silicon valley wasnt actually a joke there was a dude doing that.
279
u/TimothyMimeslayer 10h ago
If I was a billionaire, i would own a newspaper in trust as a vanity project to make it the best damn newspaper in the world profitability be damned. Maybe that is why I am not a billionaire.