I can't believe this needs to be explained to people, but here we are. The top comment on The Economist’s most viewed post from the Elon interview was “so give your money away now, Elon. It’s not going to matter, right?” WRONG! 99.9% of Elon’s net worth is tied up in the companies he founded and scaled (SpaceX, Tesla, Starlink, Neuralink, xAI and others), so liquidating or donating that equity would force him to surrender control of the very companies driving rapid advances in space exploration, sustainable transport, global internet access, medical advancements, AI and robotics, the list goes on and on and on. He believes in a world of abundance where everyone’s needs, and most of their wan
I can't believe this needs to be explained to people, but here we are.
The top comment on The Economist’s most viewed post from the Elon interview was “so give your money away now, Elon. It’s not going to matter, right?”
WRONG!
99.9% of Elon’s net worth is tied up in the companies he founded and scaled (SpaceX, Tesla, Starlink, Neuralink, xAI and others), so liquidating or donating that equity would force him to surrender control of the very companies driving rapid advances in space exploration, sustainable transport, global internet access, medical advancements, AI and robotics, the list goes on and on and on.
He believes in a world of abundance where everyone’s needs, and most of their wants, will be met. Even if the timeline slips past 2036, the directional progress matters. Handing the capital and decision-making to less capable people (or worse, allowing authoritarian regimes to monopolize the same technologies) would slow innovation, reduce employment and medical breakthroughs, and risk concentrating power in ways that limit individual freedom.
These people think they’re being vigilantes against the rich, with ZERO understanding of how the world works.
