this post was submitted on 01 Nov 2023
705 points (93.9% liked)

Technology

59711 readers
5789 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s
[email protected]
[email protected]
L4s
enu
705
Hey tech billionaires, if you want to talk about radical change, let’s abolish venture capitalism (www.theguardian.com)
submitted 1 year ago by [email protected] to c/technology
153 comments fedilink hide all child comments
 

Do you support sustainability, social responsibility, tech ethics, or trust and safety? Congratulations, you’re an enemy of progress. That’s according to the venture capitalist Marc Andreessen.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 86 points 1 year ago (1 children)

They can be both. Let's step away from the disease terminology and put it plainly.

When there is this much suffering and inequality, billionaires shouldn't be allowed to happen.

No one deserves that much power nor that much wealth when around 75% of all human beings are facing such a disproportionate amount of struggle that its difficult to even describe the comparison.

Billionaires live in a utopic paradise while the majority of humans are trapped in an existence that ranges from intolerable to abhorrent, abject poverty to barely surviving, all the while spending the majority of their time working, which contributes to the billionaires wealth...