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Re:This year’s Founders' Letter by drzaiusapelord on Thursday April 28, 2016 @03:59PM (#11591519)
There's this weird pattern that happens to geeky types when they become rich and powerful. They suddenly buy into the whole command-economy top-down philosophy when their success and wealth only exists because of the largely decentralized nature of technological markets and tech's low regulatory environment. All of sudden they think they can mastermind everything to perfection. The 20th century had a horrific experiment with centrally planned masterminding that cost humanity 94m lives. This should give every central planner some pause.

Pie in the sky rich guy stuff like immortality (Page, Kurzweil) and central-planning stuff like robot run cities, AI controlled airports, etc are just mindless futurism that either will never happen or will be too impractical or unethical to ever properly attempt. Heck, Page can't even deliver a thermostat that doesn't regularly fuck up in spectacular ways. He wants this cowboy engineering to run cities and fly planes? Meanwhile, Google has competely missed the boat on some real futurist stuff that is actually panning out like VR or private spaceflight.

The only person I can think of who didn't fall into this bizarre pattern is Gates, who just funds a foundation that hands out grants to various organizations, mostly non-profit and NGO, who might get things done. I think this is by far the wiser approach and the one that has the potential for the most change.

Live long enough to see yourself become the villain seems to be in effect here. Most super successful people don't have a second act. They peak and either disappear or just become weirdos who have spent too much time around yes men and in echo chambers.

Re:This year’s Founders' Letter by rdl on Thursday April 28, 2016 @04:09PM (#11591572)
How does your theory account for Elon Musk? Is he not rich enough yet to be "bad" in this way?

Everything I've read about the man makes me think if you gave him $100b he would invest all $100b in doing some awesome project which would only be successful through the superhuman efforts of himself and his team, but wouldn't require a command economy otherwise. Vertical integration inside, yes.

Re:This year’s Founders' Letter by drzaiusapelord on Thursday April 28, 2016 @04:16PM (#11591605)
Because he built practical companies with practical objectives with practical funding.

Tesla started as a supercar company and slowly migrated to what it is today. Electric tech was actually old by the time Elon started, with GM already having built the EV1 program. This was all proven technology waiting for the right group to monetize. It also helps that lithium ion pricing had fallen significantly. The EV1's biggest fault was its old school lead-acid batteries which couldn't deliver the range and power li-ion could. In hindsight, li-ion and electric cars are a no brainer. That combination with, lets not forget, Tesla's and its buyers vast government subsidies turned out to be workable.

SpaceX for all its wonders, exists only because of the COTS program generously funded by the US taxpayer. Its been a long slog to its current levels and still has a way to go, but it has customers and accomplishments to show for itself and builds off rocket technologies that are decades old. Both of Elon's businesses are more refinements of existing technology than pie-in-the-sky daydreaming.

That's very different than giving speeches and interviews about living forever, having a 2001 style AI in your home, and airports run by robots. Musk is still in his peak. I guess we'll see how he turns out, but he's not comparable to Page yet.

Re:This year’s Founders' Letter by hinkley on Thursday April 28, 2016 @10:55PM (#11593500)
Easy.

Elon Musk doesn't want to rule the Earth.

He wants to rule Mars.

Re:This year’s Founders' Letter by ocdtrekkie on Friday April 29, 2016 @12:26AM (#11593758)
I mean, if he gets there first, I just feel that's fair.
Re:This year’s Founders' Letter by gordon_freeman on Thursday April 28, 2016 @04:41PM (#11591755)
isn't it true that all of Musk's companies benefiting from the governments' help in terms of federal subsidies and space contracts? Do you think without it he would have been this successful?
Re:This year’s Founders' Letter by cmsmith on Thursday April 28, 2016 @09:31PM (#11593216)
The other takeaway would be that Musk, unlike all those other billionaires, is working on things that are in the public interest. He generally wasn't the instigator for the govt subsidies, but his interests of "make money while making the world a better place" are pretty well aligned with the governments interests of "spend money in the USA while making the world a better place".
Re:This year’s Founders' Letter by ocdtrekkie on Friday April 29, 2016 @12:28AM (#11593763)
"In the public interest" is a very debateable term. I consider the way Google handles privacy and their cloud push very against the human interest. Of course, Google would argue offering free services that connect and inform people is in the public interest.
Re:This year’s Founders' Letter by oarsinsync on Friday April 29, 2016 @06:40AM (#11594818)
Your vision may align with the governments then, given that the government isn't offering subsidies for companies to invest in cloud
Re:This year’s Founders' Letter by vvanders on Thursday April 28, 2016 @06:03PM (#11592245)
I think you're forgetting about PayPal.
Re:This year’s Founders' Letter by Throwaway23412 on Thursday April 28, 2016 @08:11PM (#11592875)
Ok. All but one then.
Re:This year’s Founders' Letter by sokoloff on Thursday April 28, 2016 @08:41PM (#11593010)
Yes, but that was the one that made him successful.
Re:This year’s Founders' Letter by rdl on Thursday April 28, 2016 @08:55PM (#11593064)
And Zip2?
Re:This year’s Founders' Letter by educar on Thursday April 28, 2016 @07:54PM (#11592788)
Not sure why you are getting downvoted, seems like a honest question.
Re:This year’s Founders' Letter by btian on Thursday April 28, 2016 @05:30PM (#11592044)
How are space contracts governments' help and not SpaceX helping government from the evil ULA?
Re:This year’s Founders' Letter by greglindahl on Thursday April 28, 2016 @06:11PM (#11592282)
The intent of the COTS contracts was to procure launches for much less than the usual price by providing up-front payments in exchange for a block buy of future launches. Seems to have worked great. Commercial companies sign contracts like that on occasion, when they don't like the prices from their current suppliers.
Re:This year’s Founders' Letter by gordon_freeman on Thursday April 28, 2016 @06:12PM (#11592287)
because I have said that assuming that Musk's main goal with SpaceX is not to send the supply (or astronauts in near future) to Space Station. His main mission with SpaceX is to help create a self-sustaining city on Mars. It seems to me he is using government's space contract money to pay the bills till he achieves his main mission. In that sense, I'd say that Govt is helping him and not the other way around.
Re:This year’s Founders' Letter by rdl on Thursday April 28, 2016 @08:57PM (#11593073)
He certainly has benefitted from government programs (and of course from the general commercial situation in the US, lots of smart people here, centuries of science and engineering, etc.)

That doesn't really speak to him being a closet authoritarian or anything, though.

Re:This year’s Founders' Letter by sievebrain on Thursday April 28, 2016 @04:45PM (#11591771)
I'm not sure why you think ai controlled airports or robot cities need to involve central planning. Airports are to some extent already run by robots and that's pure private sector:

https://youtu.be/n2Wy_tduq5k?t=53s

Re:This year’s Founders' Letter by EGreg on Thursday April 28, 2016 @08:04PM (#11592840)
Private companies and venues can be centrally planned too.
Re:This year’s Founders' Letter by csallen on Thursday April 28, 2016 @10:36PM (#11593434)
I assume that by the "horrific experiment with centrally planned masterminding that cost humanity 94m lives" you mean communism. If so, that's a drastic oversimplification and (imo) incorrect assessment of what actually led to those deaths.
Re:This year’s Founders' Letter by jrochkind1 on Thursday April 28, 2016 @11:17PM (#11593568)
A horrific experiment in central planning has killed lots of people, so has a horrific experiment in letting rich people run things (you know, capitalism). Now we can get the best of both killing capacities at once!
Re:This year’s Founders' Letter by csallen on Friday April 29, 2016 @01:54PM (#11597428)
Lots of people have been killed at all stages of history. We're currently living in probably the least violent times ever.
Re:This year’s Founders' Letter by alphapapa on Thursday April 28, 2016 @11:04PM (#11593525)
Of course, communism wasn't the problem there. We can do it right this time, we're smarter than they were.
Re:This year’s Founders' Letter by alphapapa on Thursday April 28, 2016 @11:10PM (#11593547)
> The only person I can think of who didn't fall into this bizarre pattern is Gates, who just funds a foundation that hands out grants to various organizations, mostly non-profit and NGO, who might get things done.

I think you make some insightful points about the "weird pattern", but I don't think Gates is a good counter example. He, his wife, and his foundations seem as top-down/central-planning as anyone else, he just isn't as outspoken about it.