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To: jimwatx

And a lot of billionaires today did nothing to earn it, they were born into it, and have no concept about how wealth is built.


32 posted on 10/24/2023 8:21:44 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: dfwgator

nothing could be further from the truth, nearly all billionaires earned it themselves.


48 posted on 10/24/2023 9:15:03 AM PDT by TexasFreeper2009
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To: dfwgator
Large inheritances, high on the list of many things that make leftists boil in envy, may soon be a thing of the past. If a corporation is a legal person, it won't be long before an AI computer becomes a legal person. Bill Gates could have an AI computer trained to think like him, invest like him, talk like him, make videos, operate robots that look like him, give money to his kids like him. With self-directed upgrades, the Bill Gates computer could live for thousands of years, and at some point have Bill cloned and brought back to life, and the funds returned to him.

Anyone netting $100,000 per year, investing it wisely at 10% per year average, would be a millionaire in 24 years, a billionaire in 97 years, a trillionaire in 169 years, and a quadrillionaire in 241 years. That works for AI persons as well.

Alfred Nobel, setting up his peace prize, would have been better off setting up an AI replication of himself. Like all untethered organizations, the Nobel Committee has morphed into a leftist insane asylum. Alfred must be spinning in his grave.

59 posted on 10/25/2023 6:35:14 AM PDT by Reeses
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