Something that I think would genuinely surprise people is the number of on-paper tech billionaires — yes, billionaires — who have roommates These people genuinely do not handle wealth the way people expect. There’s only so much you can spend on cold showers & electric bikes
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Of course, yachts look pretty perverse if you’re swimming in student debt or medical bills — fair enough. Still, if you’re a middle class westerner who’s ever attended a half-decent NYE party you’re probably within an order of magnitude of all-time peak human decadence
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The really absurd thing are these “one of a kind” status goods inflated to hell — but if you’re Indiana Jones-ing it with the default take “that priceless artifact belongs in a museum, where schoolchildren can be forced to stare at it!” congrats, you’re the pricing mechanism
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idk, vanity rocket companies are pretty expensive
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so are AI research institutes
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Your innocence of where the hedonic treadmill goes after megayachts is both endearing and unsettling.
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Enlighten those of us who didn't know there is a stage after megayachts?
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I’m not interested in the hedonic treadmill, but there are large (impactful to society) projects I know already that I would pursue if I had huge material wealth. For the reluctant billionaires, maybe they can be convinced to join Gates and Buffett in improving the world.
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