Still think capitalism is the answer???

In a recent interview, Mark Zuckerberg (Meta) acknowledges that Meta’s AI race spending could “… end up misspending a couple of hundred billion dollars…“

By the way, this “couple hundred billion” is just Meta’s spend – not including Google, Apple, OpenAI, and the myriad of others involved, we are talking multiple trillion dollars invested (and admittedly potentially wasted).

It’d take less than 10 billion dollars / year to end homelessness in the country — but we are somehow okay with allocating trillions of dollars to something that may not pan out. And people say Capitalism is the most efficient way to allocate resources? No. Not even close. Most efficient at wasting resources that could be used to solve all major problems & making people rich enough to fully control our government; and therefore control us all.

Now, extrapolate this to all the other wasted and over-extended “investments” / purchases in the economy by billionaires. Tens of trillions of dollars misallocated.

We could just solve all the major issues in the country, if it were not for our capitalism.

See this snippet of the interview here:

If you can’t see the embed above, here’s the direct link:

• https://x.com/MorePerfectUS/status/1971593116651278583