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by softwaredoug 237 days ago
These billionaires don't have a solid feedback loop back to reality
2 comments

https://www.youtube.com/watch?v=JBZTHxZvOwg - this show was soooo good...
I genuinely wouldn't be surprised to see Musk or Thiel make those exact same arguments.
Think about the world's poorest man, and how disconnected he is from the rest of humanity. Now think of the world's richest man. They are equally disconnected.
The world's poorest man probably has tens millions of peers within an order of magnitude of "poorness".

The world's richest man has at most a few hundred.

Exact numbers as of today: Elon Musk has $500b. 32 other people have at least $50b. 827 people have at least $5b.
So I overestimated a few hundred, and it's actually a few dozens.
Roughly half of Americans have a negative net worth.
Hmm, the initial comment was disconnection from realty, not humanity. Most likely, reality as, all this daily throttle that recalls you that you are not the center of the universe and you have to been to its laws which were not fine tuned to please human desire if you want to accomplish anything. In that sense most humans are closer to the poorest man.