I laid out my theory on Facebook and Libra on the orange site, for the ritual great downvoting. I think it's fundamentally about the weird situation of having an autocrat in charge of a $500B company. When Pharaoh develops a hobby, the Empire must follow. https://news.ycombinator.com/item?id=20320516 …
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Much as ‘ignorant’ is a statement, not a judgment.
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See also "Passionate".
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The end game for these folks is to be considered 'philosopher magnates'. You make a cogent case that it might be better for the world if most of these mega-zillionaires just spent their money on luxury islands and stately pleasure domes, rather than their pet projects.
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