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Ask HN: You have a fortune of $100B, how would you fix earth in 3 years?

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31–34 of 34 posts

Re: Ask HN: You have a fortune of $100B, how would you fix earth in 3 years?

#31
The question is analogous to "you have a tugboat. Working alone, how do you get the Ever Given unstuck from the Suez Canal?" $100B is small potatoes compared to the size of the world economy, and trying to do anything without first persuading people that it is the right thing will generate opposition.

Re: Ask HN: You have a fortune of $100B, how would you fix earth in 3 years?

#32
post #7

You can‘t fix any of the earths problems by spending money as an individual. Reason: in societies with free or semi free markets all opportunities that generate profit are exploited by economic activity. Even if they are horribly dirty like tar oil extraction in Canada or lignite coal mining in Europe. There is only one way forward: The external costs of the economic activity must be internalised. There are two solut…

Use force to protect the Amazon.

Re: Ask HN: You have a fortune of $100B, how would you fix earth in 3 years?

#33
post #7

You can‘t fix any of the earths problems by spending money as an individual. Reason: in societies with free or semi free markets all opportunities that generate profit are exploited by economic activity. Even if they are horribly dirty like tar oil extraction in Canada or lignite coal mining in Europe. There is only one way forward: The external costs of the economic activity must be internalised. There are two solut…

Agreed. Even the Thanos solution was only a temporary stopgap. One population doubling time period and you are back in the same boat.
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