Thought for the Week: Calling for Tech Philanthropy

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Gavin Oldham

Thought for the Week: Calling for Tech Philanthropy

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Calling for Tech Philanthropy
Sam Altman, the tech entrepreneur who built OpenAI and its ground-breaking ChatGPT Artificial Intelligence functionality, correctly says that increasing equality may require new ideas. He's right: governments and political ideologies of many hues just can't deliver, besieged by conflicts of interest and debt. The Credit Suisse Wealth Distribution chart shows the huge contrast between those who are super-rich (in blue), the wealthiest of whom are the giant tech oligarchs, and those who live in real poverty, in red. It's time we accepted that 'The State', whether socialist or populist, can't deliver, and for philanthropists to step up to the plate, working in partnership with governments who still need to provide the necessary regulation and logistics. Background music: 'Resolution' by Wayne Jones Image source: Wikipedia

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Topics: Wealth Distribution (in Economics)

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