The Billionaire Backlash Against a Philanthropic Dream - The New York Times

kept by eddie mar 17

Fewer billionaires are signing the Giving Pledge, signaling a waning commitment among the ultra-wealthy to donate most of their fortunes to philanthropy.

Bill Gates Spent Years Crafting His Image. Now It’s Cracking. - WSJ
Newly released Justice Department files and employee accounts reveal Bill Gates's decades-long association with Jeffrey Epstein, including multiple meetings, affairs, and attempts by his staff to control media narratives, leading to severed ties with Microsoft, Berkshire Hathaway, and international engagements.
also on Bill Gates, #philanthropy, #politics, #culture
Bill Gates Warns A.I. Is More Dangerous Than Big Tech Will Admit
Bill Gates warned that AI poses greater risks than tech companies acknowledge, citing potential mass unemployment and bioterrorism threats to the future.
also on Bill Gates
Surely the crash of the US economy has to be soon
Hacker News commenters debate whether a US economic crash is imminent, citing an AI investment bubble, distorted unemployment data, and deepening wealth inequality as key warning signs.
also on Warren Buffett, #inequality
Greg Abel finally puts Buffett’s cash pile to work
Greg Abel, Warren Buffett’s successor at Berkshire Hathaway, is deploying the conglomerate’s massive cash reserves into strategic acquisitions and investments after years of conservatism.
also on Warren Buffett, #business-strategy