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Re:The Misunderstanding About Education That Cost Mark Zucke... by defendBanana on Friday October 13, 2023 @02:54AM (#37867554)
The few with money are still a fairly large class. They are also paltry in wealth as compared to the masses aka govt spending.

It is ok that many of these fails. Some will work (wikipedia, khan academy etc). We should only require that things are being tried.

Re:The Misunderstanding About Education That Cost Mark Zucke... by mola on Friday October 13, 2023 @02:59AM (#37867584)
No, these wealthy few are not paltry compared to governments, they used to be. But not anymore. Plus, they took control the government through corruption. Wikipedia is mostly a success of the many, both with the many contributing content and editing and by the many contributing the funds to operate. If it wouldve been funded by someone like gates, it'd be a corrupt for profit ad ridden platform. Not because gates is evil, mind you, it's because gates bias leads him to believe for profit enterprises are the solution for everything.

Anyway, i agree experimentation is needed, that's why I was talking about averaging out biases. I just don't agree that the darwinistic model that caused wealth to concentrate to be the best model to achieve this.

Re:The Misunderstanding About Education That Cost Mark Zucke... by ethbr1 on Friday October 13, 2023 @03:34AM (#37867837)
If you're going to make assertions, you can put numbers and sources behind them.

E.g. "The richest 10% of the global population own 76% of all wealth." https://www.bbc.co.uk/news/business-59565690

Or

Table 4-5: "Wealth shares and minimum wealth of deciles and top percentiles for regions and selected countries, 2021", p.140 https://www.credit-suisse.com/media/assets/corporate/docs/ab...

Re:The Misunderstanding About Education That Cost Mark Zucke... by defendBanana on Friday October 13, 2023 @03:51AM (#37867959)
Is that the right statistics here though? Billionaire classes ability to spend should be compared with governments ability to spend. This is not same as wealth.
Re:The Misunderstanding About Education That Cost Mark Zucke... by robertlagrant on Friday October 13, 2023 @03:52AM (#37867973)
That wealth is mostly an unhelpful value based on number of shares in businesses multiplied by that business's share value today. Those businesses are valuable because they do useful things. We can't release that wealth to pay for things. This is the problem with the word "wealth".
Re:The Misunderstanding About Education That Cost Mark Zucke... by jabradoodle on Friday October 13, 2023 @05:23AM (#37868567)
Well yes you can sell shares, maybe not all of them at once if you have enough. Still not sure what your point is, that doesn't mean wealth is not extremely unevenly distributed.
Re:The Misunderstanding About Education That Cost Mark Zucke... by ethbr1 on Friday October 13, 2023 @07:09AM (#37869258)
Wealth isn't value, it's power.

If you own 3% of Alphabet, you can do things others can't.

Re:The Misunderstanding About Education That Cost Mark Zucke... by robertlagrant on Friday October 13, 2023 @08:39AM (#37869914)
"can do things others can't" isn't the thing we want to stop, though. Wealth isn't bad for those who focus on creating value, just as strength isn't bad for those who are in the gym 6 days a week.
Re:The Misunderstanding About Education That Cost Mark Zucke... by ethbr1 on Friday October 13, 2023 @12:16PM (#37872221)
It's not healthy to a democracy to have power concentrated, because invariably it leads to a less diverse set of opinions on consequential decisions.

Even if (and big if!) we say that wealth/power-alone doesn't make people think differently, you're sampling from a much smaller population.

And I'd need some convincing on "I don't know how much a gallon of milk costs" not changing a person's perspective.

Re:The Misunderstanding About Education That Cost Mark Zucke... by johnchristopher on Friday October 13, 2023 @03:33AM (#37867836)
> The few with money are still a fairly large class. They are also paltry in wealth as compared to the masses aka govt spending.

Governments must spend much more of their treasure chest (when they have one) than billionaires and are scrutinized more heavily. Risks are not the same. Ultra rich are way more capable of corrupting governments than the masses which gives them even more power.