The 1%ers are in the vertical, but the question is vertical to where?
It needs to a potential field with practical, economical, "real life" attraction well. I.e, robotics, real economic efficiency gains, manufacturing novelties.
The worry is that the 1% is attracted towards a non-practical money hole. I.e: Token burn for the lols, sophisticated software systems that dont provide actual value outside of giving NVIDIA cash.
he's just trying to say we're in a cool kids club and you ain't in it, without specifying what the cool is about
It is fine as it is to make a boatload of money. All they have to do is seed ads into it. Look at how much money social media brings in from that model of "free/useless product" as flypaper to bring in eyeballs for the real money which is ad revenue. Adsense 2.0.