alt Hacker NewsI sometimes wonder, what does one need a second 500 billion that the first 500 billion is not enough for?
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Every <unit of currency> not in your pocket is in someone else’s. Greedy narcissists can’t stand that, they need to have it all. They don’t need the extra 500 billion to spend it, they need it so the number goes up. They need to be number one. At everything. Remember when Musk lied about being one of the top players for some difficult video game, then it turned out he was paying someone else to play for him? It’s just an ego thing, which I agree is baffling.
Because he is an addict and one of his addictions is money
To build more cool stuff. Would be great if he did neurolink for cancer
Because money is just a proxy for power, and the goal is not to have cash, it is to have power. Perhaps via being able to make decisions at various businesses, or being able to travel to a different planet, or being able to influence other people, etc.
Could also partly be a curiosity to see what one is capable of, or maybe wanting to be known for helming an organization that accomplishes xyz.
Why did he need a second 250 billion after the first 250 billion? Makes me think of a inverted Zeno's paradox.
Why do you need an extra dollar?
I can answer for myself: New Zealand plans to tax the shit out of anyone that has more[A].
You need a fukton more than median wealth to be able to protect yourself against your own government.
The type of person that enjoys chasing money doesn't stop.
[A] via capital gains taxes and wealth taxes. Also one needs an excessive amount more to handle progressive taxation and means testing.
Interestingly, during the trial he promised to donate any potential financial winnings to OpenAI's charity.
A move that surprisingly didn't get much press.