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If some of the wealthiest individuals on the planet tell us AI and its associated data centers are so hugely beneficial to mankind, why would they seek to maximize profits when they already control a disproportionate amount of the planet’s wealth?
In the late 1800s, the socalled Robber Barons accumulated vast wealth, often by exploiting the citizenry. Then, to buy public tolerance and polish their images, ruthless 19th-century industrialists pivoted to massive, high-profile philanthropy. Their strategies to manufacture public goodwill included Carnegie’s libraries and Rockefeller’s donation of land to the parks system. They and others founded and endowed universities such as The University of Chicago, Vanderbilt and Stanford. They donated to the arts and museums of the time.
