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Surprisingly level headed response from Jensen Huang. 5% is a drop in the bucket for these billionaires and they act like it's going to impoverish them.
The billionaires were panicking because their wealth was by the controlling shares in their own company. There can be two types of shares, ones that have decision making power and others that don't, just for trading. If billionaires had to give up their controlling shares to pay the tax bill, that would dilute their control. They didn't want that.
Jensen's shares are the other kind. He can pay the tax bill without losing control. He's more ok with this than the Zuck. Zuck's entire wealth comes from owning 99% of the controlling shares.
He's a decent guy, or he was, before he put himself in bad company. NVIDIA has never done layoffs.
Being a billionaire automatically excludes you from being a “good guy.”
10 million people starve to death or die from preventable disease each year. Who the hell could have a conscience and become a billionaire in the face of that?
This guy?
He writes on boobs and he doesn't lay off employees. Seems okay except for the AI psychosis.
I don’t think he has AI psychosis. He’s selling shovels, so he’s encouraging the behavior to keep selling more
Yep