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Comment by satisfice

14 days ago

That is exactly the motivation. The problem with being a billionaire is you still have to associate with poor people. But imagine a world where your wealth completely insulates you from the resentful poor.

That notion is based on the misconception that for there to be very rich people, other people would need to be poor — that would resent you.

Economic science has pretty much proven that when the average income in a society is higher and fewer are poor, the economy moves more money and the rich benefit more as well.

  • Misconception is not really the right word here along with the word 'need'.

    It comes down to if the people in power think they are playing a zero sum game and are driven by greed. We see plenty of dictatorships that are very resource wealthy and yet their society suffers in abject poverty. Said leaders have zero care about making their peoples life better and will gladly kill them wholesale if they become problematic.

  • Relative wealth disparity is what drives lower-class resentment, not absolute poverty.

    Income inequality is very bad in its own right.

  • > other people would need to be poor

    Just like billions are not about "being rich", this is about CONTROL. Control of the economy, and how people live, and control over one's own life.

    Abstraction is a beast, putting everything regardless of what it actually is as some $$ number is terrible for understanding. The billionaires don't have Scrooge McDuck money at home where they swim in coins, they control huge parts of the economy.

    And as long as they need workers, they will want them to live not too well - that would raise the price of labor, if people wanted to do work in places like Amazon warehouses to begin with, if they had better alternatives not working for the billionaires.

    Being "poor" in this context means having a lot less control over how you live, not that you live on the streets. Although, as soon as you lose your value, e.g. by getting too sick, that is always on the table too.

How does a billionaire have to associate with poor people? They can live in a complete bubble: house in the hills, driven by a chauffeur, private jets, private islands for holidays etc...?

  • The people who cook for them, the people who clean for them, the ones who take care of their kids, the one who sell them stuff or serve them in restaurants...

    • They have separate kitchens for the prep, the cleaners work while they’re out on the yacht, they have people to do the buying, and the restaurants they visit have very well trained staff who stay out of the way.

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    • Also, they're not building the house or the jet, they're not growing the food, ... people close enough can be chosen for willingness to be sycophants and happiness to be servants. Unless you're feeding yourself from your own farm, or manufacturing your own electronics, there are limits to even a billionaires ability to control personnel.

    • nah, if slave owners like Thomas Jefferson and George Washington could reorient their entire lives around not seeing the "ick" of chattel slavery I think modern billionaires can do the same thing even easier now if they wanted.

  • Unless they’re living entirely by themselves, they will always be dependent on poor people.

  • The fact that people see that basically the singularity is happening but can't imagine that humanoid robots get good rapidly is why most people here are bad futurists.

    • That fact that people see "the singularity happening" based on LLM results, is why most people are the kind of ignorant cheerleaders of tech that predicted robot servants, flying cars, and space colonies by 2000 in 1950.

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    • > the singularity is happening

      [Citation needed]

      No LLM is yet being used effectively to improve LLM output in exponential ways. Personally, I'm skeptical that such a thing is possible.

      LLMs aren't AGI, and aren't a path to AGI.

      The Singularity is the Rapture for techbros.

      31 replies →