Being and especially growing up rich tends to shield you from seeing the consequences of bad decisions, and I think that results in a lot of these rich tech bros being unable to properly analyze not just risk, but any negative externalities.

Every child starts out thinking, "if I was in charge, I could fix this. It's so simple!"

Then you actually see that when you make bad choices, you or others get hurt, and you realize that you don't always know what's best.

But these guys never get hurt, because they have the money to be shielded from it, so they end up being these delusional wrecking ball assholes, who think they know better than everyone else and don't need anyone else's consent (I.e. votes) to make whatever overly simplistic or authoritarian changes their underdeveloped brains concoct.

▲

JohnFen 3 hours ago | parent | next [-]

I think you're talking about a specific form of the larger problem. The very wealthy only know the world of the very wealthy. They know nothing, let alone care, about people who aren't "in the club".

Every worse, they -- like pretty much all of us -- tend to think that most people are just like them, so they think not only that they understand normal people, but that they are normal people. And the ones that don't either tend to think that their will should be imposed on the rest of us because we're too stupid to understand what's good for us and/or just view us as resources to be mined.

▲

hunterpayne 2 hours ago | parent [-]

I think that's true for one specific kind of wealthy person. Specifically those born into it. Its absolutely not true for the self-made. I do have a solution to this.

If you haven't paid your own bills with money you earned (no jobs from family) for the last 10 years, you can't run for office. Literally the mayor of Seattle has never paid her own bills and her husband has never worked either. There is no universe where someone with that life experience makes a good leader.

▲

bonsai_bar 2 hours ago | parent | next [-]

You're making it seem like the mayor is an out of touch nepo baby when she's living a regular life dedicated towards helping others.

You may want to get your info from more places than Fox News.

	▲	lelanthran 39 minutes ago \| parent \| next [-]
		> You're making it seem like the mayor is an out of touch nepo baby when she's living a regular life dedicated towards helping others. If it's true she has never paid her own bills and her husband has never had a job, then I'd like that sort of regular life. If she has been paying her own bills or her husband has had a job in his life, then say so.
	▲	hunterpayne an hour ago \| parent \| prev [-]
		She is an out of touch nepo baby. Her policies haven't exactly been big successes. Jobs are leaving and the specific stated reasons usually have to do with her. Because of her tax increases and the Laffer curve, tax receipts are falling and there are now significant budget shortfalls opening up. If you didn't know this, perhaps you want to get your info from more places than MSNow/MSNBC.

▲

Jtsummers 2 hours ago | parent | prev [-]

> Literally the mayor of Seattle has never paid her own bills and her husband has never worked either.

Where is your evidence for this? It's a pretty strong claim.

▲

hunterpayne an hour ago | parent [-]

The fact that its been verified by multiple sources, including the mayor herself.

	▲	Jtsummers 10 minutes ago \| parent [-]
		That's just a claim, not evidence. If she's said it, it should be easy to link to an interview or an article showing these statements.

▲

bawolff an hour ago | parent | prev [-]

> Being and especially growing up rich tends to shield you from seeing the consequences of bad decisions, and I think that results in a lot of these rich tech bros being unable to properly analyze not just risk, but any negative externalities

other than musk, were the tech bros rich? most seem to have grown up middle class.

that said, the fact they are still rich suggests that they do know how to analyze risk. You don't keep your money if you dont have any concept of risk.