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.
Indeed – Carnegie Libraries may be one of the best results.
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.
The current crop of tech billionaires seems fond of New Zealand and have been building bunkers there to escape from nuclear war or global warming or a peasant revolt or whatever. Maybe they'll build a university there as well?
The scale of the Carnegie library program is pretty incredible. My dad’s library as a kid was a Carnegie library in central Iowa. The libraries near where I live in Dublin, Ireland are Carnegie libraries.
nice try. The billionaires gave us none of the above. Sincerly, an old programmer who was actually there when these things were funded, often at the public expense in many nations.
Computer games are pan-et-circenses, IMO, but I also don't recall any billionaires having created any.
like I said, you might have a case with SpaceX (though how much does that help humanity? not so sure)
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 point is that the 'billionaires' were not exploiting their workforce. The workforce that made Google, MS and many other companies were also highly paid.
The consumer surplus of all these things is the bigger thing.
The developers that made Google and Facebook and such were highly paid. The people who were hired for a dollar an hour to train the anti-CP models most certainly were not and have instead suffered horrible trauma.
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.
and a lot of it is directly funneled to crony's of the current king...
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.
sure it is.
"mature" markets are only interesting for large moneyed entities to try to tweak things and squeeze .01% more profit out of a service/process/product.
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...
I was going to grant this, but then thought of how VC hit rations work.
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.
The internet was a government project. It's laughable to even imagine that if these billionaires didn't exist then nobody else would have invented video chat...
no, creating the actual technical standards and the internet is/was hard.
monetizing it and walling off sections of it is STEALING FROM THE PUBLIC that which we already PAID for and selling it back to us!
And polio is largely cured from this generation, and vaccines now exist that prevent diseases that once killed infants, and we have cheap and fast internet everywhere, ...
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.
It asked for a metric and I suggested a list of metrics. It's like if I said "whales are the biggest animal" and another asked "by what metric", then I said "weight". By saying "weight", I haven't specified how heavy the animal is, I only clarified what I meant by "biggest"
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.
Now you're playing games around the semantics of the word 'attributable'? Lmao
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.
I'm trying to simplify it so it's easier to understand. It's not semantics, it's a different category of thing.
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 don't seem to understand that your own personal feelings of love towards the 'benevolent billionaire' and their vanity projects do not in any way support your claims. Especially when you're quantifying your claims in such extreme and absurd ways.
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.
Yes I'm willing to concede that Bill Gates did not single handedly cure polio. Would you agree that he has done more good for the world than most people?
I have no way of measuring how much good Bill Gates had done for the world. He has certainly done a lot of evil as well. I literally have have no way of objectively quantifying either, and neither do you, which is why your claims cannot possibly be objectively supported by any rational means.
Well i meant "group" as in an actual group of people who are all doing roughly the same thing at the same time, like the previous generation of robber barons.
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.
no. just NO.
look at maps of polio proliferation before/after Jonas Salk, the frikkin guy who DISCOVERED/CREATED the polio vaccine, and then look at maps related to Gates work, which, while admirable, bears no comparison from the night-vs-day world of pre-polio-vaccine vs post-vaccine.
Wards of people in iron-lung machines staring at mirrors on the ceiling.
It was before your time, but this is no excuse for spouting total nonsense.
You might be right. It is possible that Gates is merely one of the most positively impactful human beings, rather than the absolute most positively impactful.
So he didn't create the vaccine, and he didn't provide most of the money spent on eradication, but he did sit down for a nice long dinner with an administration that is now pulling funding from the WHO and other international health organizations.
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.
Which do you think is more likely, that Bill Gates sat down with the administration to try to convince Trump to keep funding Gate's life work, or that Gates talked to Trump to end polio funding?
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
Bill Gates also gave billions of dollars to the world for free, it's just a question of which one is more praiseworthy. I could be convinced Gates was not more impactful than Salk, but he's definitely in the running for top 100 best overall human beings in terms of positive impact on the world, in stark contrast to the claim that tech billionaire have contributed nothing
In fact the world didn't have this money before. Maybe this is the first time you've encountered the idea that the economy is "positive sum" so think of it like this:
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?
Maybe you need to do a quick Google on monetary policy 101 and how money is created. You seem to not understand the basics here.
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.
Ok let's compare the year 1000 with the year 1500. Do you believe the value of everything in the world increased in those 500 years? There was no monetary policy yet so that isn't the explanation
The explanation is the entire human race working diligently to produce, create and grow. Not because king Bobbert the 7th gave some artist some money, and not because king Jeffrey got rich by enslaving/conquering/exploring someone else.
And the modern generation of tech industrialists? Probably not a coincidence either.
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.
{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.
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)