Current Affairs Elon Musk

[DuuuncanHadaPigeon]

If you created an international motor vehicle company and the autobahns does that make you a bad person?

so edgy

 

[roydo]

Depends how I implement it, and behave with that wealth. If it were me personally I would ensure I paid and treated my staff well and they were well looked after, and would give them share options which would ensure that they had a say in the running of the company. I also would ensure I paid my taxes and didn’t use every method available to me to avoid them.

All of the above would likely ensure I would not become a billionaire, however.

But that is exactly what Hargreaves Lansdown did. And do. It maybe an urban myth in Bristol, but the story goes that when they floated the company, their first secretary became a millionaire.

Lando Norris, the F1 driver? His Dad made £100m from the share options he was allotted. Adam Norris, a pretty unremarkable bloke, (I knew him), who had a good idea 20 plus years ago.

 

[ChesterBlue]

But that is exactly what Hargreaves Lansdown did. And do. It maybe an urban myth in Bristol, but the story goes that when they floated the company, their first secretary became a millionaire.

Lando Norris, the F1 driver? His Dad made £100m from the share options he was allotted. Adam Norris, a pretty unremarkable bloke, (I knew him), who had a good idea 20 plus years ago.

All of these things are good, if more of these people and corporations did this I wouldn’t have an issue with those at the top’s wealth accumulation (fully implementing things like this would also reduce that to a fairer amount). It would mean that everyone in the company would be making a percentage of the company’s profits and would have more of a say in regards to owning their own labour, and would mean that the company has a form of collective ownership.

 

[Prevenger17]

@ChesterBlue was saying, more or less, all billionaires are baddies, most billionaires (who didn't inherit wealth) did it the way I said

I doubt Chesterblue has any problem with someone who builds a business from scratch and profits from it. From my reading of it, he has an issue with multi billionaires hoarding vast swathes of wealth, treating their staff like garbage and doing things like, say, accusing a deep sea rescuer of being a paedophile for not using his untested homemade submarine.

Just to be clear, nobody is ragging on Musk because he is rich, it is because he is a humongous bellend

 

[DuuuncanHadaPigeon]

I doubt Chesterblue has any problem with someone who builds a business from scratch and profits from it. From my reading of it, he has an issue with multi billionaires hoarding vast swathes of wealth, treating their staff like garbage and doing things like, say, accusing a deep sea rescuer of being a paedophile for not using his untested homemade submarine.

Just to be clear, nobody is ragging on Musk because he is rich, it is because he is a humongous bellend

That's fair enough. Elon Musk has aspergers and as such can come across as a massive bellend, he is on the other hand (in my opinion) a visionary. The story about spaceX is remarkable, basically gambled every penny he had on the third launch attempt succeeding, if not for that risk there would be no spacex or tsla

 

[ChesterBlue]

That's fair enough. Elon Musk has aspergers and as such can come across as a massive bellend, he is on the other hand (in my opinion) a visionary. The story about spaceX is remarkable, basically gambled every penny he had on the third launch attempt succeeding, if not for that risk there would be no spacex or tsla

Just to make it implicitly clear, no one here thinks he’s a bellend because of his autism. It’s because of the horrible ways he behaves, the horrible ways he treats people, and the horrible things he advocates for.

 

[Walken]

I never mentioned that stuff they did was in any way vital or world changing. I said they invented stuff that millions of folk are happy to use/pay for. I mean Ashley made his cash from selling cheap tat and by being, generously, focused on his costs.

If no one bought anything, he would not be rich.

The point being their reward vastly outweighs their contribution and they become a detriment to society rather than a contributer

 

[Walken]

I doubt Chesterblue has any problem with someone who builds a business from scratch and profits from it. From my reading of it, he has an issue with multi billionaires hoarding vast swathes of wealth, treating their staff like garbage and doing things like, say, accusing a deep sea rescuer of being a paedophile for not using his untested homemade submarine.

Just to be clear, nobody is ragging on Musk because he is rich, it is because he is a humongous bellend

The bad stuff is all mental illness, the money is all polymorph genuinely visionarism

 

[LinekersLegs]

Yeah it's easier/more accurate to target on Facebook and Google. Less bots, content is more receptive to ads - I just think it's as simple as people are spending less, advertisers see less return, cut their cloth and allocate any budget they have to the better performing platforms.

I don't think the massive media buyers are being controlled by anything other than budgets. CPM (Cost per 1,000 ad impressions) is a lot cheaper on Facebook/Instagram than it is on Twitter.

Thanks.

Also not surprising that GM and Audi for example have paused their advertising - why give money to the owner of a competitive business?

 

[roydo]

The point being their reward vastly outweighs their contribution and they become a detriment to society rather than a contributer

Not sure if serious.

 

[LinekersLegs]

Elon seems to be just fine handling it himself /s


Hope those people land on their feet quickly and good luck to those remaining, must be hell.

 

[verreauxi]

Tesla is a Ponzi scheme that peddles an overhyped and dubious product. Or so it seems...

 

[Walken]

Not sure if serious.

You think questioning the disparity in wealth from them to their workers is laughable? Their obscene hoarding and use of resources isn't a detriment? Their lobbying of the worst kind of politician to further systems that allows them to continue to exploit people isn't a negative? Just because the barclay brothers put a few pieces of silver in your pocket it doesn't mean their actions don't deserve evaluation.

 

[ChesterBlue]

I really need to cut down on my anarcho-communist posting on GOT lol

Musk is a nasty, nasty bellend tho.

 

[Walken]

Amazon accounts for like half of internet sales in the US, there is probably vacuum in most houses in the west, facebook while I hate it has an insane amount of users, virgin records was the first of it's kind.

Branson pretty much started on his own in school selling records over the phone, zuck was a student who coded facebook from the ground up, bezos started amazon off as a bookstore before turning it into the behemoth it is today. Sure they will have had some help along the way, but is that a bad thing, I am sure you have had help to get where you are, just as I have. Are people only allowed to be successful if they do absolutely everything themselves?

Say what you want about Musk, he is not perfect, but has definitely brought value to this world. SpaceX alone is amazing, but you will probably say well he didn't program or build the engines, well Steve Jobs didn't manufacture the iphone but the common theme amongst these people is they all had the vision.

Dyson didn't invent the vacuum cleaner.

And people that not only exploit corrupt systems that widen inequality and cause net harm to the planet, but lobby for their extension should 100 percent be called out about it. Just because musk has a load of weirdos pushing him as something other than a sadistic factory owner, doesn't mean he is anything more than than. If all the name you mentioned were erased from existence the planet would not be worse off, you just might not have tasted virgin cola before.