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RT Steve Jurvetson: A very interesting observation by Elon below. And it’s just one example. Startups have brought more progress to the world this ce...
RT Steve Jurvetson
A very interesting observation by Elon below. And it’s just one example.
Startups have brought more progress to the world this century than any NGO or government program. By far. When you hear NGO, think NoGO. They provide some incremental, mostly palliative care, but they don’t lead structural change for the better, and sometimes, achieve quite the opposite.
How can we do better? One idea: we should allow donations to corporations to be as tax-deductible as to NGOs. Unleash catalytic philanthropy.
I first had this thought when Larry Page reflected that were he to be hit by a bus, he should leave his entire estate to Elon Musk, instead of any non-profit he could think of, because he believes in the missions of SpaceX and Tesla and knows they are more likely to achieve their mission than any non-profit. And they become self-sustaining from internal cash flows; early donations are catalytic, and more rewarding to the donor than the unsustainable cost center inefficiency and waste of most NGOs.
— video clip of my discussion with Elon about this: https://youtube.com/shorts/fJA9cw5CybE?si=_fx08dQIkiCyH4tb
Elon Musk: Starlink has done more than any NGO to lift people out of poverty by connecting them with a means of education and a market for their good & services via the Internet
A very interesting observation by Elon below. And it’s just one example.
Startups have brought more progress to the world this century than any NGO or government program. By far. When you hear NGO, think NoGO. They provide some incremental, mostly palliative care, but they don’t lead structural change for the better, and sometimes, achieve quite the opposite.
How can we do better? One idea: we should allow donations to corporations to be as tax-deductible as to NGOs. Unleash catalytic philanthropy.
I first had this thought when Larry Page reflected that were he to be hit by a bus, he should leave his entire estate to Elon Musk, instead of any non-profit he could think of, because he believes in the missions of SpaceX and Tesla and knows they are more likely to achieve their mission than any non-profit. And they become self-sustaining from internal cash flows; early donations are catalytic, and more rewarding to the donor than the unsustainable cost center inefficiency and waste of most NGOs.
— video clip of my discussion with Elon about this: https://youtube.com/shorts/fJA9cw5CybE?si=_fx08dQIkiCyH4tb
Elon Musk: Starlink has done more than any NGO to lift people out of poverty by connecting them with a means of education and a market for their good & services via the Internet