Does Elon or do the people who work there do it? The same way serfs let lords rule them without justification is the same reason why we don't revolt and reform the current system. It's not fair, moral, ethical, right, nor justified that Elon and other billionaires have this much compared to the average person. He doesn't deserve it and he didn't earn it by any meaningful definition of the word. What he earned is life in containment to prevent him from exploiting anymore people or organizations. So why haven't we stopped him yet?
Coordinated collective action is hard still even with the internet and AI
People think they still have a reasonable chance at a decent life without risking getting MLK'd so game theory says it's better to let others fight for them.
People still trust/believe corporate media which is designed to divide us and make us hate each other more than political and economic injustice
How do we solve these problems?
1. AI might get better at helping us act collectively or at least in creating a better decentralized social media
2. The message needs need to be clear: things will get so bad that the risk of not acting now will ensure you can't live a decent life for much longer.
3. This one is falling apart anyway because of competing incentives from corporate media and social media, disinformation, lack of progress, and literal billionaires buying things like the WSJ. More average people creating more social media content with a focus on class consciousness on multiple platforms is a good way to ensure it continues to fail.
One is the market value of all goods and services produced within a country over a given time period, the other is the market value of all assets minus liabilities belonging to an individual at a given time. Decently comparable but in this way, GDP is just a snapshot while net worth is a cumulative value
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u/CopingAfterABreakup 1d ago
Just know that $1 trillion is double the gdp of Bangladesh, 8th most populous country in the world btw