I would like to see our modern robber barons and philanthropists (and society in general) put some effort into creating a usable digital library system; we actually have things like Google Books, which scanned many university collections, but it will likely remain unusable as an actual digital library unless some sort of copyright reform can be enacted.
robber Barons also destroyed nature and communities. only in their old age they tried to be remembered by universities and libraries.
only question is if musk and Zuckerberg will build their 2080 ouvres still in the USA or elsewhere. remember most Barrons made their fortunes living in the North East and ended up on the West. the world is more global today. the Musk University might as well end up in Shenzhen.
https://www.vice.com/en/article/billionaires-are-building-lu...
how much of this "the 19th century Robber barons at least did one thing right" idea is all down to Andrew Carnegie, I sometimes wonder.
You mean the ones that turned around and produced the current market fundamentalist and elite-run culture we have today?
What a coincidence.
Though technically universities are more than just their endowments, business schools, engineering schools, sports teams, etc. They often have pretty good libraries, for example. Many universities also provide a variety of educational and course materials for free over the internet. Some train physicians and operate hospitals. And many universities have at least some minimal diversity of opinion on politics and policies.
The idea that elite universities produce elite university graduates is probably not controversial, and many of them were founded with the idea of producing "leaders", which they have arguably done.
Isn’t it?
{elite universities} produce {elite university} graduates
is of course tautological
but this
elite universities produce university graduates who are elite (meaning better than others)
is debatable.
Most people who say "elite universities produce elite university graduates" mean the second and then don't provide any especially great arguments for the opinion.
The state schools of the US aren’t worse than Stanford or Harvard, you pay extra to hang out with people who can also afford to pay extra.
The college education system in the US is second only to the healthcare system in terms of “how fucked this system truly is” metric.
Would you agree/disagree with: “Elite run culture is a side effect of wealth concentration, and the removal of options for money to collect or be generated in the middle of the pyramid.”
Other than the ability to search the worlds knowledge at our fingertips, having a 1990s supercomputer in our pocket, being able to video call most people in the developed world, having fairly cheap usable computers for most people in the developed world, having high speed internet available around the world, being able to discuss things online with people all over the world, being able to play incredible computer games and having the cost of launching something in space reduced by a factor of about ten have have we got out of having a few hundred billionaires ?
Just think though, some of them might disagree with some our of politics.
It's like Carnegie setting up 2500 libraries but charging access to them and becoming an even greater billionaire in the process
There is a list of defunct spaceflight companies :
https://en.wikipedia.org/wiki/Category:Defunct_spaceflight_c...
Here is a very small list of just a few of the defunct internet companies
https://en.wikipedia.org/wiki/Category:Defunct_online_compan...
It's also worth considering how many millionaires were made by the companies that the billionaires started.
internet companies become defunct because some other company puts them out of business - if we had never had Facebook we would still have had a way to keep in touch online
> It's also worth considering how many millionaires were made by the companies that the billionaires started.
who cares? the world doesn't need more millionaires or billionaires
The consumer surplus of all these things is the bigger thing.
And getting to that is really not easy.
Externalities are so easily ignored if they don't happen in SF (and even the ones that do. For instance, take a look at the pricing out of affordable housing for all the cooks, dish washers, janitors etc who cater to that highly paid workforce but now have to commute hours each way).
Just because San Francisco is disastrously run despite staggering riches and has horribly magnified problems does not mean it's the fault of people who started companies in San Jose.
https://en.wikipedia.org/wiki/Government_spending_in_the_Uni...
That's larger than the GDP of all but two countries in the world.
That is not starving.
On top of that, tech CEOs and highly paid tech workers pay a lot of tax. Far more than they cost the country.
I doubt DOGE will recommend cuts to SpaceX funding.
I need to remind you that Mush has invented nothing nor is he an engineer. His vast personal wealth is extracted, and at least part of it's vastness is due to corruption. Mush's personal views expressed on his own-media-trumpet Xitter, have hampered more technological innovation than he has ever enabled or paid for.
BTW what's SpaceX carbon footprint like? This 'man' also just paid for a slice of the US presidency that just pulled the US out of a global treaty to attempt to address human-caused climate crises that are unfolding in front of our face on a daily basis as predicted. Mush has done net harm to Earth, not good.
SpaceX has received $15 billion in government contracts.
I don't think either company would exist without government support.
innovation is risky and rewards accordingly.
Ycombinator app-startups are low-hanging-fruit with marginal innovation and marginal risk => it ain't hardware, and it's just webservices and a few React devs...
SpaceX and DARPA and ARPA = our tax dollars.
Is it really ‘hard’ to make tech firms profitable, or is it more a function of survival?
Many of the companies which enter are bought out, or acqui-hired, adding to the leaders. Tech often rewards those who survive long enough to consolidate.
And finally, enshittification is a way to make MORE money, but it’s not hard.
maybe it's medium difficulty? There must be some enshittification that makes significantly less money, up to shutting down companies.
Extracting money out of people, because you can price it better, and competition isn't going to stop you, means theres a race to the bottom.
This is on top of being vastly profitable already.
So its not hard, its just following a script.
Consumer goods are delivered by businesses. Delivering new, high tech ones is hard.
Zoom!? WebRTC! Proprietary XYZ? Standards!
Computer games are pan-et-circenses, IMO, but I also don't recall any billionaires having created any.
Your John Galt story is trite and untruthful.
This generation of "robber barons" has very clearly done more good for society than any other group of people of the same size, and I can't imagine how anybody who works in tech can not know of the specific good things they have done or be so confused about the bad to believe they are outweighed.
By what metric?
That's completely absurd, but let's see the data on that.
Is that a way of saying 'I don't actually have any data or numbers backing my absurd claims'?
Your claim was that tech billionaires contributed more towards the good of society than any other group.
You provided a list of metrics that are in no way exclusively attributable to tech billionaires, and no actual data/number on how and how much these are attributable to tech billionaires.
Your analogy is completely unrelated too.
It's more like if you said 'whales are the best animal' and then gave me a bunch of random metrics about the state of the world.
What are you talking about?
I also love how all of your analogies/examples immediately switched from amazing societal improvements to measurements of physical object characteristics. Truly amusing stuff.
Let's take one of the metrics you suggested - 'number of lives saved' - go ahead and tell me how tech billionaires have saved more lives than any other group.
Or maybe just admit that you're talking out of your ass.
Yes the billionaire I listed have saved more lives than 99.999% of humans. They do this by paying for specific individuals to be treated for specific fatal diseases, and by funding research that has led to cures and preventative vaccines that have already saved the lives of hundreds of thousands of people
You also don't seem to understand that if a team of scientists discovered a cure - that doesn't automatically get 100% attributed to whatever billionaire funded the building the scientists were working in at the time.
Also big difference between saying 'X did this good thing' and 'X did more good than everyone else combined'.
And the onus is on you here - you made the absurd claims - now either back them up or walk them back :)
I'd take Jonas Salk, Norman Borlaug, and Marie Curie over Elon Musk, Mark Zuckerberg and Jeff Benzos.
But even in this case, I could make a pretty strong case that Salk was less important for the eradication of Polio than Gates, and that Curie will likely be less important in the long run than Zuckerberg on healthcare and biosciences, and a weaker but reasonable case that Borlaug will be less impactful on human survivability with increasing population than Musk.
In the meanwhile, the technocrat administration we just got is putting the anti-vaccine activist RFK Jr up as Secretary of Health and Human Services. The progress we have made on eliminating Polio is at risk directly because of actions taken by this crop of billionaires. That is more on Musk and Zuckerberg than Gates, but these people cannot be trusted to use the power and influence they have for anything other than self-enrichment.
Trump bad, has nothing to do with Gates or Zuck. If you blame them for trying to prevent Trump from doing bad things, you should look into what they will benefit from and how they spend their money
Well, that depends if RFKjr and his lunatics get control of the HHS[0][1]
[0] https://www.theguardian.com/us-news/2024/dec/13/rfk-jr-aaron...
[1] https://www.protectourcare.org/experts-say-deadly-samoan-mea...
how dare you say that Billionaires gave us these things. you are telling lies.
Did he generate them purely from his genius and benevolence?
And yes, mostly genius and not benevolence.
Is the value of everything in the world higher or lower than it was 1000 years ago? If it's higher, how did it go up?
While you're at it, consider what portion of MS success is directly attributable to Bill Gates and not the many thousands of other people involved in the company and code it literally copied from open source projects. Not to mention the extreme anti-competitveness of MS and their aggressiveness in suing and shutting down other companies, and other negative externalities they generated.
At least we got some good universities (and a somewhat functional transcontinental rail system) out of the 19th century iteration.
> In 1975 the student body of Stanford University voted to use "Robber Barons" as the nickname for their sports teams. However, school administrators disallowed it, saying it was disrespectful to the school's founder, Leland Stanford [1]
It's a shame that the school's administrators (perhaps fearing the wrath of alumni and donors) were so humorless – "Stealin' Landford" would have been a highly entertaining mascot, and one oddly appropriate for the gridiron.
[1] https://en.wikipedia.org/wiki/Robber_baron_(industrialist)