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They get more wealth and power and institutional control. You get less. It has nothing to do with intelligence. To think that it does means you're not understanding the game which is being played.
>It has nothing to do with intelligence. Indeed, a big part of what I'm arguing.
Then you're imagining some hypothetical future where their lack of intelligence...results in what exactly? Accidentally impoverishes them?
You're story about a pet project going nowhere illustrates that you have no idea how these people operate He has money to burn, he got an idea and paid to people work on it, it didn't work out, he planned on that, and made sure that he wasn't harmed by that idea not working out
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