The FAANGs all have a record of terrible investment decisions in the past 2 decades. Apple wasted $8Bn on driverless cars before they gave up. Meta spent by some estimates $100Bn pursuing the VR metaverse before they quit. Amazon lost $10Bn on Alexa in 2022 alone.
So like gambling addicts everywhere, they've just moved on up to the top table (AI) and are doubling down.
You dont need to take from billionairs to give them money, we have more than enough to solve the problem in our military budget alone.
So you are talking about hurting the economy (taking from wealth producers) to fund the poor. When you could be helping the economy (taking from wealth destroyers like the military) to give to the poor.
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