There is hope that one of the fresh billionaires takes an axe at the RIAA and other abusive organisations and brings hope to all artists that are being exploited by labels, lawyers and organisations like RIAA.
If tech billionaires were leaders, maybe. Instead they spend small fractions of their wealth on silly projects and charities that benefit their tax bills. The rest of the time they are collecting wine and antique furniture for house #6.
I think you gave it backwards; mere tens of millions is enough to collect wine and antiques for your sixth house, while almost all “billionaires” are in that category purely by virtue of their leading control of large corporations.
(I’m sure there are other examples, perhaps inheritances, but the only non-leadership billionaire I can think of in any field off the top of my head is Rowling).
Which is great, unless your entire country is swallowed up by social and educational problems that enable a corrupt, fascist government, or if deforestation and despeciation continues at its current pace. The technological gains from rockets, solar panels, and electric cars won't matter then. Figure those things out, and then a trip to Mars won't look like a sci-fi futurist's vanity project.
Most of those things require a lot more than even a hundred-billionaire can fix.
Hell, even just “make successful electric car brand” is more than I was expecting when I first heard about Tesla, and even if they do as well as their current market cap implies, they’re still not going to solve climate change by themselves — and that’s one of several causes of the current mass extinction.
>hope to all artists that are being exploited by labels
The article mentions targetted tracks by Beyonce and The Killers. Are these artists speaking out against the RIAA, or are they onboard? If it's the latter, it will be hard to fix.
A lot of artists are totally in favour of internet censorship if it means they will make more money.
See the recent "surprise" when a FlwMac song became "viral" again on Tiktok since they had been doing all they could to keep it off youtube even when they had the choice of being paid for it Well no crap Sherlock
20 years of losing the battle and RIAA makes a point of reminding people how petty they are