46 karma · joined June 29, 2011
LLMs may be the only chance many people have at writing good docs, or creating those macros to parse one-offs.
“You want it one way. But it’s the other way.” - Marlo Stanfield, The Wire
https://cloudblogs.microsoft.com/opensource/2019/08/28/exfat...
I won't argue how groundbreaking their technology is of late, but in all fairness they have been much more open with their code.
Certainly with someone like Bezos, unless you take it all there is going to be a number that will still net him a billion after all of the taxes. And if you do "take it all", then maybe the next Bezos, Zuckerberg, or Gates starts the next company in another jurisdiction with less of an appetite for taxation, drawing away with it the capital and all of the follow-on effects it provides (jobs, spending in the community, etc.). And given the lengths we know that rich people will go to protect their money, that line has to be drawn at far less than "all" to keep them.
On the other end of the extreme, even if he never sells a share those shares still allow him to wield a tremendous amount of power. So in the short run, all the taxes in the world would change nothing (Amazon does not pay dividends). It would just give him more time to figure out how to evade the taxes in the long run. :)
I am moved by the argument that Walton's kids shouldn't get it all, but I'm not sure that transferring some or all of his property to the government is a good idea. You would then just have a "trust fund class" of politicians and bureacrats! (BTW your Walton comment has got me pumped for season 3 of "Succession")
I like your overall thesis, I just think we should be less punitive with those exceptional people who do indeed add tremendous value to our economy and society.