The Billionaire Bulletin

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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The secretive group building a new “aristocracy” | The Billionaire Bulletin #3

As wealth inequality continues ballooning to unprecedented levels, a secretive group of ultra-rich tech moguls are building a political machine to solidify American aristocracy. Last week, the Washington Post published an exposé of the Rockbridge Network, its role in elevating J.D. Vance to the vice presidency, and plans for reshaping the country in the midterms and beyond.

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