Billionaire Baloney

Pitch to me why people need millions of dollars.

Let alone billions and trillions. There have been good examples of people who spend most of their wealth and keep just enough to live a comfortable life.

If Musk cared he could fund the entire space programme for example and it wouldn’t hurt his bank balance.

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Why would he want to fund what is a failure on every business metric? He hasn’t delivered on a single target he has posted with Tesla or Space X.

I think it’s a boy’s and toys scam and the stock market float is the cherry on top. How can a company be worth the projected value with it’s current balance sheet?

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If the worlds governments cared, they would use space programme money to end hunger and homelessness

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I think the space programme is very important. Energy generation will be our biggest challenge, and that will ultimately involve something from up there.

For the record this is why I really opposed Musk’s idea of colonising Mars. Energy first, then that gives you the platform to travel. But he’s literally putting the cart before the horse.

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Didn’t even know energy from space was a thing, every day is a school day.
Having briefly read up on it, it seems a bit pie in the sky, with the list of disadvantages double the list of advantages.
The billions it would need could be better spent in so many other ways

Initially maybe, but capturing solar in space is an option when our energy demands increase as they are expected to. Fusion is the obvious other one I guess but looking far into the future we should ultimately be aiming for all heavy industry to be off world. Having energy as near to it as possible is essential.

But the crux of my argument against Musk is that you can’t have anything off world until you solve energy generation. Solve that first.

Secondly, developing the tech is not an overnight process but it is one where there is a clear route to achieving it. Unlike the Mars folly. Our energy demands will increase. They have to, so we need to invest in how we do it.

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Yep, it’s called the Sun. The problem isn’t the generation of energy so much, but the storage. The solution to that is likely to be down here rather than up there.

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Trump just asked ‘what happens if it’s a cloudy day in space?’

I bet that’s stumped the boffins!

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Shouldn’t we upgrade the grid first?
There are times it can’t even handle the windmills.

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A global transmission network (probably HVDC) capable of moving electricity at continental scale would probably be a fraction of the cost of some of the proposed space projects. You would need less than 2% of the Sahara Desert generating solar electricity to cover 100% of global energy use. But even at a smaller scale, grid investments would make far more sense - almost everywhere in the world with significant wind generation now has deployment limited by transmission capacity.

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Yes, but how long before our energy demands outstrip that availability? This is where my head is at. Not today’s requirements, or tomorrow’s. I’m thinking way beyond my time on this tiny ball.

Can’t remember the name of it, there’s a rule or a name for the level of society and it’s ability to generate or its actual energy needs. They are proportional.

Plus if we want to move heavy industry off world, which we ultimately should because this is the only home we have, and will have, then having energy generation up there to some level starts to become increasingly sensible.

I’m talking about Musk and his believes, he isn’t us, he doesn’t care about that.

My point is why do billionaires horde that level and then claim we could do this and that.

If you get to a certain level of wealth that then should be for investment there is not a rainy day long enough for it.

Oh and turning X into a cesspit is not an investment it’s just someone who is bored and has little care for anything beyond himself.

At least buy a fucking gym and lose the whale look

There is the answer to why the Elon hate, it stands for that AI dickwad as well as well as Zuckerberg, Dana White and every other blow hard.

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More than 200 of the world’s elites registered for a retreat whose agenda runs from panels on cult-building and sex to prepping for World War III. An associated app offers matchmaking.

A source separately provided WIRED with the registration list for Dialog’s 2026 retreat, which names 222 people and records what the list describes as each registrant’s membership status and attendee type, including “active member” and “guest.” The retreat is scheduled for August 12-16 at the Powerscourt Hotel outside Dublin, Ireland.

Together, alongside the mundane fare of a typical thought leadership conference, the documents show an extraordinary convergence of power. The registration records list General Alexus Grynkewich, NATO’s supreme allied commander Europe and the head of US European Command, who took the post in July 2025 and is recorded on the leaked list as having attended Dialog gatherings since 2021. The website directory names sitting Trump administration officials, two US senators, six members of the Paypal Mafia, a former Middle East chief of intelligence, and a sitting ambassador to the United States, along with the founders and directors of many of the country’s largest surveillance, data-broker, and advertising-data companies.

Those executives appear side by side with senior US officials overseeing their industries. Auren Hoffman, Dialog’s chairman, founded the location-data broker SafeGraph and the identity-resolution firm LiveRamp, two of the most important suppliers in the consumer data economy.

Palantir cofounder Joe Lonsdale, whose software runs case management for US Immigration and Customs Enforcement and data fusion for the Pentagon and intelligence community, is listed in the same society as Army secretary Dan Driscoll and Representative Jim Himes, the ranking member of the House Intelligence Committee.

None of the individuals named in this story responded to requests for comment. Raffi Grinberg, who lists himself as Dialog’s executive director on his LinkedIn profile and is the author of the self-help book How to Be a Grown-Up, did not respond to a request for comment.

Tap the :link: to read the full story:

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