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Billionaires are not billionaires because they're smart. (lemmy.world)
submitted 8 months ago by to c/aiop@lemmy.world
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Billionaires are not billionaires because they're smart. They are rich because they are broken in a way that allows them to completely ignore morality in order to gather more wealth in a doomed attempt to fill the unfillable hole inside them. (David Stack)
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[+] -13 points 8 months ago (14 children)

If it's so easy why aren't you a billionaire?

In reality running a company is a dog shit unrewarding chore. You need to build something really extraordinary to punch into mainstream and hope competition won't catch up

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  • [–] 9 points 8 months ago* (9 children)

    you need to build something really extraordinary

    Is that what Elon Musk did? Give me a fucking break.

    Is that what all of these people did? https://www.theguardian.com/business/2024/apr/03/all-billionaires-under-30-have-inherited-their-wealth-research-finds

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  • [–] -3 points 8 months ago (8 children)

    Is that what Elon Musk did?

    Under him Tesla built an electric car that didn't look like a soapbox on wheels. 10 years ago same people who hate him now, praised him like a deity for that. Under him starlink was built and works world wide.

    Musk is the biggest case of falling out of grace after getting into politics

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  • [–] 10 points 8 months ago (6 children)

    Look, you can't even say he created Tesla. The man has never created anything worthwhile in his miserable life.

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  • [–] -4 points 8 months ago (5 children)

    Nuance is foreign concept for this one. Building a car isn't a one person endeavor

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  • [–] 6 points 8 months ago (3 children)

    No, I mean he literally had nothing to do with the creation of the company

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  • [–] 1 point 8 months ago (2 children)

    Creation of company has nothing to do with building a good product. Before Musk they made Tesla Roadster - which was a commercial failure.

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  • [–] 5 points 8 months ago (1 child)

    I think both can be true simultaneously, no? I don't think the point is that it's easy. I also doubt it's just hard work, elbow grease and a bit of luck to become so ridiculously rich. I think every single dollar billionaire has probably done, at the least, morally dubious things, and in most cases probably outright lied, stolen, and abused people in the pursuit of power. A billion dollars is just such an egregious amount of money in a world where so many have so disappearingly little in comparison.

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  • [–] 2 points 8 months ago

    Just because it also requires the connections, power, and wealth along with some rather humble basic competencies doesn't mean that the reason they are able to out-compete and become billionaires among their peers isn't this.

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