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@freemo

Sure, but my point here is that even if we accept the argument, it still doesn’t really work.

I think that in reality people do have some skill that choosing the better risks to take. But even if we set that aside and we accept the argument that people like @wjmaggos seem to be making, even if it is pure chance with no skill at all, even in that unrealistic case their argument still falls flat.

Even if there is zero skill to choosing the flip of the coin that might or might not benefit humanity, it’s still a good thing that these people with resources take the risk and risk their resources for the sake of the coin coming up heads and benefiting us all.

The billionaire didn’t work harder than the millionaire and it was all luck? Fine! Either way, their luck benefited us all. Even if you want to ignore the reality that there was work involved.