zlacker

>>tedsan+(OP)
This is so much money with which we could actually solve problems in the world. maybe even stop wars which break out because of scarcity issues.

maybe i am getting to old or to friendly to humans, but it's staggering to me how the priorities are for such things.

>>deknos+6a1
>wars which break out because of scarcity issues

That doesn't seem to be much of a thing these days. If you look at Russia/Ukraine or China/Taiwan there's not much scarcity. It's more bullying dictator wants to control the neighbours issues.

>>tim333+Vg1
There's a terrifying amount of food insecurity and poverty in Russia - https://www.globalhungerindex.org/russia.html - https://databankfiles.worldbank.org/public/ddpext_download/p...

>>dbspin+uq1
I would wager that states such as Russia and others misallocate resources, which in turn reduces productivity. Worse yet, some of the policy prescriptions stated above would further misallocate scarce resources and reduce productivity. Scarcity doom becomes a self-fulfilling prophesy. This outcome is used to rationalize further economic intervention and the cycle compounds upon itself.

To be explicitly clear, the US granting largess to tech companies for datacenters also counts as a misallocation in my view.