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I think that billionaires gain their wealth by gaming the system, and it seems foolish to expect them to not continue to game any new system that they’re a part of. Especially given the degree of control you’re suggesting.
Idk, maybe it could work. Seems like there’s a lot that hinges on billionaires doing the right thing, and I’m skeptical that they would.
You can’t deny the impact that they had on propping up EVs as desireable, though. There wouldn’t be so many Teslas on the road if the opposite was true.