Comment by aleph_minus_one
7 months ago
> What's the likelihood of that?
Sufficiently high that Meta is willing to pay such an amount of money. :-)
7 months ago
> What's the likelihood of that?
Sufficiently high that Meta is willing to pay such an amount of money. :-)
Also, do you have a better way to spend that money?
If it were me, yeah, park it in bonds and live off the interest on a tropical beach. Spend my days spearfishing and drinking beers with the locals. Have no concerns except how even my tan is (and tbh I don't see myself caring too much about that).
I'd forget the word shareholder even exists.
Sounds good in theory but I'd be bored to death in a month, at most two. Traveling the world...maybe good for a few more months and that's it.
Wouldn't you yearn for any more impact given how much that amount of resource could improve the lives of many, if used wisely?
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What you’re suggesting does not at all require a lot of money.
I met a youngster on Boca del Toro island in Panama a decade or so ago. I was about to be fired from my FAANG job so I used up years and years of vacation for one big trip before I was let go. We hung out for a few days while I was there (I don’t recommend the place at all btw). He cashed out from early twitter and was setting up surf schools all of the world. All he did was travel, surf, drink, and fuck. I’m still angry that laughed at all the dumb startups in the late 2000s instead of joining them. But this guy did what you’re suggesting, and I think there are many more unknown techbros who did it too.
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And let others govern the world?
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> Also, do you have a better way to spend that money?
Yes, I do.
I am aware of some quite deep scientific results that would have a deep impact (and thus likely bring a lot of business value) if these were applied in practice.
There are some problems in the world that Meta could help fixing with that money.
250M is not that much to solve a global problem, just take a look at bill gates fund.
Still huge amount of money which can improve life of millions.
Given history of the guy at the helm, most likely won't.
downsize Facebook back to like a couple thousand people max, use the resulting savings to retire and start your own AI instead of doing the whole shadow artist "I'll hire John Carmack/top AI researcher to work for me because deep down I can't believe I'd ever be as good as them and my ego is too afraid to look foolish so I won't even try even if deep down that's what I want more than being a capricious billionaire"?
or am I just projecting my beliefs onto Mark Zuckerberg here?
Retire? Anyone with more than about 10-20 million that continues to work has some sort of pathology that leaves them unsatisfied. Normal people rarely even get to that level because they are too busy enjoying life. Anyone making billions has some serious issues that they are likely stuck with because hubris won't let them seek meaningful help.
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