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Why Are Tech Billionaires Flexing Their Generosity All of a Sudden?

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This week, the team discusses why tech billionaires are seemingly feeling generous all of a sudden, after Anthropic pledged to commit 5 percent of its shares to a public benefit fund, and Elon Musk promised to give a SpaceX share to every child in America without specifying details.

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Leah, are you excited for all the shares in AI companies

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that you and future generations of America are going to get?

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I mean, I've just been bated breath for this to happen.

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The idea of tech companies using wealth

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for public good has been an ongoing conversation

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Elon Musk, the richest man in the world,

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famously is anti-philanthropy, which is very new,

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to be clear, from like tech of even a decade ago

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that at the very least, you know, you had Bill

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and Melinda Gates Foundation, you had like an outpour

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of support for like the climate corners of the tech industry

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That's all dried up and I'm not honestly sure

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that we've spent enough time talking about that.

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of relied on like the positive press

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from their forebears literally 15 years ago.

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that like there's now this whole philanthropic streak of,

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we're actually that unpopular that we need

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but…

Original source: https://www.wired.com/

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