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by scottyah 10 days ago
I mean, the entire predicted value that the company will be worth is like 6mo of the US budget (>$7 Trillion per year). I don't think that's all that much, even if they accomplish half of what they're all trying to do.

The economy is already F'd because so few people are actually working productively- it's been a laptop-class driven economy since the 80s.

1 comments

You don't think one company being worth half a year of the biggest country in the world's budget is all that much?

Hard to know how to where to go from there because I find that quite insane.

You must be for extremely large government or very small companies. Governments aren't designed to be economic entities- they use pooled resources and redistribute but it's not like they're in the game to be profitable and expand. When the colonies got in an uproar over "taxation without representation" they were paying 1-1.5% income tax. I get that politicians need to be paid, the military needs funding, and some pooled resources at the federal level make sense over state and municipal, but the idea that an entity whose primary responsibility is to settle disputes and offer protection needs more money per year than the future forecasted sum of lifetime earnings of large swaths of workers who are literally doing the work to expand the economy to me is crazy.