The rest of us just can't afford most of the insurance that we probably should have.
Insurance is for scenarios that are very unlikely to happen. Means nothing. If I was worth 300 mil I'd have insurance in case I accidently let an extra heavy toilet seat smash the boys downstairs.
Throw the money at radical weener rejuvination startups. Never know... Not like you have much to lose after that unlikely event.
I'd get insurance for all kinds of things.
Maybe it's risk mitigation without cost sharing to achieve the same economies of scale that insurance creates.
Its a rich man's way of removing risks that we are all exposed to via spending money on things that most couldn't seriously consider due to the likelihood of said risks.
I don't think it's duplicitous. I do resent that I can't afford it. I can't hate on them though. I hate the game, not the players. Some of these guy would prob let folks stay in their bunker. They just can't build a big enough bunker. Also most folks are gross to live with. I'd insist on some basic rules.
I think we innately are suspicious when advantaged folks are planing how they would handle the deaths of the majority of the rest of us. Sorta just... Makes one feel... Less.
Finger placed on duplicity.
Arguably only some of his time is spent on that kind of instability promoting activity. Most law enforcement agencies agree... Palantir good.
Most reasonable people agree... Funding your own senators and donating tons to Trump and friends... Bad.
Bad Thiel! Stick to wierd seasteading in your spare time if you want to get wierd. No 0 regulation AI floating compute unit seasteading. Only stable seasteading.
All kidding aside, you make a good point. Some of these guys should be a bit more responsible. They don't care what we think though. We're wierd non ceo hamsters who failed to make enough for the New Zealand bunker.
see, what exactly is insurance at the billionaires level.
Buddhists die in the Armageddon same as others.
The bunkers are in new Zealand which is an island and less likely to fall into chaos with the rest of the world in event of ww3 and/or moderate nuclear events.
I'm sure the bunkers are nice. Material notions got little to do with it. The bunker isn't filled with Ferraris. They are filled with food, a few copies of the internet and probably wierd sperms banks or who knows what for repopulating the earth with Altman's and Theils.