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Zuckerberg hunkers down in Hawaii to wait out apocalypse

theregister.com

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Re: Zuckerberg hunkers down in Hawaii to wait out apocalypse

#7
This is touched on in the article, but I never understood why billionaires think that they’ll be able to ride this out.

They’ll likely be the number one targets of armed mobs or other looters (or even sovereign nations armed with nuclear weapons themselves), since it’s no secret where most of these well-stocked self-sustaining bases are (since they won’t stop talking about how they _have_ them).

But more importantly: why would their hired security forces, farmhands, maids, etc serve them when their money and status is worthless?

Unless the Thiels, Zuckerbergs, etc. have something else of tangible value, the rest of the compound is going to define their own hierarchy real quickly, and it likely won’t end up with the billionaire sleeping in the master bedroom.

Re: Zuckerberg hunkers down in Hawaii to wait out apocalypse

#8
This is rational.

The odds of disaster are >10%, if history is any indicator. We had two world wars in the last century, for example. Events happen. Past doesn't predict future, but there are dozens things which can go wrong.

If I had $100B, it would make sense, from purely an expected value perspective, to invest up to perhaps $10B preparing. An expected value perspective isn't the right way of looking at this, but it's hard to argue that a The ultra-prepper lifestyle is irrational, but it's the rich person version of having a stock of non-perishable emergency food and medicine in the basement. If I had $100B, and didn't care about other people, I'd do the same.

Footnote: spending $1B on prepping is enough to change the lives of a million of the very poor. That's 3 years income for people making $3/day times a million people.

Re: Zuckerberg hunkers down in Hawaii to wait out apocalypse

#10

This is rational. The odds of disaster are >10%, if history is any indicator. We had two world wars in the last century, for example. Events happen. Past doesn't predict future, but there are dozens things which can go wrong. If I had $100B, it would make sense, from purely an expected value perspective, to invest up to perhaps $10B preparing. An expected value perspective isn't the right way of looking at this, but…

Spending $3 isn't the same as taking $3 worth of meals from someone's mouth. This is true whether it's done ten or a billion times.
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