A move that surprisingly didn't get much press.
I especially struggle to not make a Venn diagram of people who still take Mr. Musk's promises seriously, and current state of American politics.
I simply cannot make a sentence about Mr. Musks promises that will pass Hacker News guidelines of being serious and productive.
...And that's how I feel about Mr. Musks promises, particularly those regarding donations and charities. I think the only way that promise by Mr Musk could've been made stronger, is if it were a Twitter poll :).
"Greediest man in the world Elon Musk..." "Captains of Greed" instead of "Captains of Industry" "Larry Ellison, notable for his legendary greed,"
Starting point: money can't buy happiness.
So what to do to be happy? Extreme wealth removes most practical goals like buying things or going places and doing things. Not that you can't do them, but it's not a meaningful goal to work towards.
They have to create their own meaning, whatever that is.
A billionaire trying to create purpose for themselves can be boring, or weird. Which one gets media coverage?
Gates Foundation, Zukerberg's fitness craze, MacKenzie Scott's philanthropy, Bezos and Musk's [whateverness] are all just variations on a theme. And like all people, some will be better at it than others.
Note though, that they will do what it takes to stay wealthy because what would they be without that?
Could also partly be a curiosity to see what one is capable of, or maybe wanting to be known for helming an organization that accomplishes xyz.
Why do you need an extra dollar?
I can answer for myself: New Zealand plans to tax the shit out of anyone that has more[A].
You need a fukton more than median wealth to be able to protect yourself against your own government.
The type of person that enjoys chasing money doesn't stop.
[A] via capital gains taxes and wealth taxes. Also one needs an excessive amount more to handle progressive taxation and means testing.
New Zeeland is an outlier in that it doesn't have capital gains tax.
Its not the end of the world to have captial gains tax.
Go to Australia where you pay a stamp duty for buying (to pay for infra) and a CGT for selling
Edit: Changed stamp tax to stamp duty
Realistically I probably need $5m and I'd be set for life.
If I had $10m instead of $5m I don't see how my life would meaningfully change.
You can't just apply One Simple Rule like this ("more money is always better" / "more money never makes a difference"). There is, objectively, an amount of money above which another dollar, or another billion, will never make a meaningful difference in your overall lifestyle[0].
The amount isn't a single bright line, but like with so many things, there's an area below it where extra money unquestionably improves your quality of life, and an area above it where it unquestionably doesn't.
[0] unless "your lifestyle" involves manipulating major governments and controlling the way people the world over think, which I wouldn't consider a legitimate part of "lifestyle"
because thats another 250 billion less for a competitor to use against you.
Because billionaires are mentally unwell.
---
Sept 1, 2017 DX-669: Funding paused confirmation. Elon is still on the board for a while. DX-707 specifies the board as of Sept 26, 2017, and even suggests adding Shivon, Jared, Sam Teller.
Jan 31, 2018 DX-748: Elon is still discussing things with Greg. Elon: "The only paths I can think of are a major expansion of OpenAI and a major expansion of Tesla AI. Perhaps both simultaneously"
Feb 3, 2018 DX-754: Sam Teller says Elon "just suggested we use SpaceX email for AI stuff so switching over to that"
Feb 4, 2018 DX-755: Sam Teller and Shivon Zilis discuss disabling Openai
Feb 20, 2018 DX-770: Elon officially leaves board (first document I see specifying)
