The problem with tech bro philanthropy | Zoe Williams

The problem with tech bro philanthropy | Zoe Williams

a year ago
Anonymous $Wk0x7O2ZQM

https://www.theguardian.com/commentisfree/2023/nov/07/the-problem-with-tech-bro-philanthropy

Billionaires say they are desperate to give away their money – but their interests are misaligned with society’s. Just tax them!

Almost exactly a year ago, Vox journalist Kelsey Piper was having a heart-to-heart with Sam Bankman-Fried. The “Crypto King” (people used to call him a lot of stupid things) had just declared bankruptcy, setting off a chain of events that last week ended in his conviction for multiple types of fraud. He has yet to be sentenced, but he faces a maximum term of 115 years, which is quite some override of the principle “avoid sending rich people to prison” laid down, I believe, by the founding fathers.