Technology

At its very core, capitalism breeds greed.

Power tends to corrupt and absolute power corrupts absolutely. - Lord Acton

Nothing happened. It was always like this. Geeks got unduly put on a pedestal. They got a reputation that was never earned. They're not any different than your typical psychopath executive.

I grew up in a town where a lot of these types of guys have become multimillionaires since 2010s tech boom. One person manages some hundreds of millions of dollars AI investment portfolio. That was before the GPT explosion. I have no idea how big they are now but I wouldn't be surprised if it's billions.

Growing up they were almost all psychopathic. Lying, cheating, backstabbing type of people. Nothing like the timid altruistic geek that pop culture proliferates. The more normal people did not go into tech. The actual timid types have had modest middle class careers in tech.

You're out of your mind if you thought bill gates was someone to look up to.

Capitalism

Mate, that's the curse of capitalism. Yeah the living standards have improved and all, but the balance of scale tips so much towards the evil doings of these executives and the guys at the top that it doesn't matter how much my living standard increases.

Tech or not, they've always been like this.

I'd blame capitalism. And corporations prefering short term growth and attracting investors. And the whole modern business model of exploiting users private data to sell advertisements. That's how the whole internet works these days and thak makes being evil baked into every successful company.

And btw: Zuck did one good thing. He personally gave us competetive AI models to tinker around with. If it weren't for people like him, we would have AI dominate us without the average person having access to more than the online services like ChatGPT. Yeah but that doesn't take away from the things you lined out.

Two big ones:

1. Power corrupts

2. The laws in America have been bent or repurposed specifically to serve the entity, not person, with more money over all else.

The good ones retire or have important, but not the most profitable/public facing jobs.

The other Apple Steve, Steve Wozniak founded the EFF and was the tech guy at early Apple. Jobs was the business guy.

John Carmack is a controversial figure, but he's actually the tech wiz kid the techbros dream they are. He seems to just be interested in pushing technology and had some choice words for Meta when he left. They should have let him have his axe to carry around.

Tom from MySpace really is the nicest guy on this list...he was my first friend on there! 😎

The earlier generation of tech leaders were just as bad as the current ones. Bill Gates was willing to do almost anything to hold onto his near monopoly and to squeeze as much money out of it as possible. Larry Ellison has made a life's work out of taking over software projects that benefited everyone, then brutally killing them. I actually met Steve Jobs several times and he was an awful person who made his fortune by exploiting more talented people. And so on.

There were plenty of decent tech innovators, as there are now. Then, as now, they did not end up running huge corporations.

I'm sure there were others, but the only exceptions I can think of were from the generation before that. Bill Hewlett and David Packard founded HP and made it a great place to work, a center of innovation, and a very profitable company, until they retired. And it all went to hell rather quickly.

Capitalism. Specifically, the stock market. IPOs make good companies into bad companies.

Being owned by stockholders effectively removes any amount of "human" in the company's choices and direction. There becomes a single goal, to which everything else is sacrificed: make stock prices go up in the short term. The C-suite execs will say all sorts of other shit, but any appearance of accountability or altruism is solely geared to making more money at any cost. Any leadership with a soul will be forced to either give up trying to be "good", or they leave.

Capital demands growth. It doesn't care how you do it. It doesn't track or reward whether you did it by making the world better or by creating death squads and working with the CIA to kill thousands of people and overthrow a government that wanted to charge you taxes and limit the amount of land you could have.

It's been this way, and worse, for a long time. But bear in mind that Twitter gave us the ability to see how billionaires think. Modern media made them more accessible. They didn't change, our knowledge of them did.

Well, buttflapper...

Capitalism filters sociopaths to the top. It's a feature, not a bug. It has always been this way. Read about Henry Ford and JD Rockefeller, John Kellog. The list goes on.

Businesses succeed by profiting. The most successful businesses of any time period are ones who maximise profits at all costs, including ethics.

There are a lot of arguments about more ethical businesses being the most viable longterm, but that sort of variable isn't considered when the big businesses calculate their next move.

Almost none of the Tech Company leaders actually finished college, if somebody you know is calling them a genius then that person measures intelligence by profits. A very stupid person.

To get to the top you have to throw people under the bus.

They all have a story like this. They are all terrible.

I think Gareth Reynolds said it or was it Jordan from knowledge fight? But once you reach a billion you should get a medal saying you won capitalism then be 100% taxed the rest of your life.

Money

Hint: it's not just in tech...