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Trickle-Down Gets a Silicon Valley Rebrand | The Billionaire Bulletin #9

Elon Musk is promising a future of “amazing abundance,” where AI will raise the standard of living. His argument is straightforward: If we let the ultra-wealthy accumulate more and more, the gains will eventually trickle down to everyone else. This is the same exact logic behind decades of tax cuts for the rich, but extreme wealth concentration leaves working people worse off.

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