this post was submitted on 07 Oct 2024
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[–] [email protected] 139 points 1 month ago (2 children)

Yes, go on, let NVIDIA buy intel. Let them buy AMD too. What could go wrong. I love monopolies! /s

[–] [email protected] 27 points 1 month ago* (last edited 1 month ago) (3 children)

I wonder how this guy feels when he watches everyone in the streets trying to make ends meet.

Probably feels he deserves it. :)

[–] [email protected] 14 points 1 month ago

He's being doing nothing but selling his Nvidia stock so I'm pretty sure he knows it is overvalued

[–] [email protected] 7 points 1 month ago

He buys another leather jacket, as a treat

[–] [email protected] 5 points 1 month ago (1 children)

I know he’s in a very extreme level of this but all of us can look at people with less than us and decide how we feel about them. It’s never even occurred to me to wonder if I deserve my paycheck - it’s just mine.

Before you say it’s not the same, you don’t have his extreme, extreme wealth, remember that some people have to start their days walking several miles to fill some plastic bottles with bad water so they can wash the underwear of the guy who rapes them.

[–] [email protected] 2 points 1 month ago (1 children)

If I'm reading this right, you're saying you'd understand if Huang sleeps soundly at night despite his wealth. I've made more money every year for 5-7 years, and I've never worried that I've become an out-of-touch rich person. For most people, becoming wealthy is gradual. And like you said, we can probably all look back at our past hardships and feel confident that we earned our paycheck.

[–] [email protected] 2 points 1 month ago

Yeah I only mean to point out that we don’t really need to scratch our head and wonder what it must be like for him. He might never have thought about it. Maybe he has and feels bad. Maybe he has and thinks he deserves every penny. I don’t know.

I do a fair amount of charitable giving myself, and I have one rule: if you’re not giving until it hurts a little bit, you’re not giving enough. I personally don’t think the world is fair and I have obvious advantages and good luck so while I don’t agonize over every paycheck I do feel some responsibility to help others. I hope Huang does the same. If anyone has info on his charitable works or lack thereof, I’d love to hear more.

[–] [email protected] 16 points 1 month ago

Oh but surely the second such an all-powerful monopoly appears, someone will start a competing company in their garage and go on to restore equilibrium /s