Who’s going to invest the capital and do the work to run a company that develops technology (eg. hiring the tens of thousands of people required to fabricate 5 nm chips and build cell phones) if there is no way to become a billionaire off of it? I figure the people who are capable of that kind of stuff would put all their efforts toward overthrowing the system instead if that’s what the rules were.

I thought the reason for the advancement for science and technology was for the betterment of humankind and not dreams of becoming a billionaire.

I buy it for basic research that a few people in a lab can do, but it seems hard to coordinate the efforts of tens of thousands of people that way. You need ruthless prioritization of different initiatives and performance incentives for management and other stuff that public servants and academics aren’t that big on.

Is there no one who would invest capital in order to earn only hundreds of millions of dollars?

What if many billions in capital are needed, and there’s risk too? It’s just not worth getting involved unless you can earn billions.

i still fail to understand what the issue with having billions of money is. the best part is these people ignore that money is just a stand-in for power, which they absolutely fucking hate, and that if you ban billionares people will still have more power than a billionare via other mechanisms :)

I hope you get banned in a substantial way.