Vicky Ward, a journalist known for her work on the Kushner family and Jeffrey Epstein, joins tech critic Edward Ongweso Jr. and futurist Douglas Rushkoff to dive into the mindset of today's billionaires. They discuss the increasing political influence of the ultra-rich and the ethical dilemmas faced by journalists covering them. The trio unpacks the paradox of immense wealth coupled with isolation and critiques modern billionaires' motivations for space exploration and philanthropy, contrasting them with past societal values.
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Billionaire Bunker Questions
Douglas Rushkoff was invited to a hedge fund conference in the desert.
Five billionaires questioned him about surviving an apocalypse, focusing on bunker locations and security.
insights INSIGHT
Transhumanism and Sacrifice
Some billionaires believe technological advancement justifies sacrificing democracy and individual rights.
They view current social structures as impediments to progress and profit.
question_answer ANECDOTE
Epstein's Island Oasis
Jeffrey Epstein created isolated environments where his rules prevailed, shielding him from consequences.
Living in such a bubble can distort one's perception of normality, as exemplified by Epstein's beliefs.
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In 'Zero to One,' Peter Thiel argues that true innovation comes from creating something entirely new, going from 'zero to one,' rather than incrementally improving existing ideas. He emphasizes the importance of vertical progress through technology and the benefits of monopoly in driving innovation. Thiel also discusses the need for long-term planning, the importance of finding the right co-founders, and the power law in startup success. The book challenges conventional wisdom and encourages readers to think critically and aim big to build the future[2][3][5].
As billionaires hoard more control over our politics, it seems more important than ever to ask: What makes them tick? Four reporters gather after hours at a wine shop to discuss – over drinks – what they’ve learned from covering billionaires for years, and how it can help us hoi polloi make sense of what the ultra-rich are doing right now.
Featuring Vicky Ward, who has covered the Kushner family and Trump, and who, in 2002, was the first journalist to investigate Jeffrey Epstein’s finances in a profile for Vanity Fair; John Hyatt, who covers billionaires, with a focus on Elon Musk, for Forbes; Douglas Rushkoff, who's written about tech billionaires preparing for the end of the world; and Edward Ongweso, Jr., who covers the impact of the exponential growth of large tech companies for outlets like Vice and The Nation.
(Douglas Rushkoff said in our conversation that his trip to a hedge fund conference in the desert happened in 2018, but the trip was actually in 2017.)