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this post was submitted on 16 May 2024
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https://newrepublic.com/article/180487/balaji-srinivasan-network-state-plutocrat
I think this is the same article I saw on Lemmy a few weeks ago, it very thoroughly explains the topic. In very simple words though, I have bad news about what all those tech billionaires in Silicon Valley are planning to do with their money.