On: Larry Ellison wants to put all America's data in A...

[SketchySeaBeast]

But who is going to want to work hard if they could only ever possibly earn a billion dollars? /s

Edit: Added an obviously needed sarcasm tag.

[52-6F-62 → SketchySeaBeast]

What do you really need beyond that? Just double what you already have?

[SketchySeaBeast → 52-6F-62]

You don't need anything beyond that. At that point you're basically just keeping score. There is no need and few wants that would be beyond your grasp.

[lenerdenator → SketchySeaBeast]

Eh, I think that covers most of the population.

Obviously, there are exceptions: people with severe psychopathy, for example.

[SketchySeaBeast → lenerdenator]

Sorry, I should have tagged my sarcasm. It should cover every person in the population. A billion dollars is enough money that you and your family for untold generations will never have to work again.

[roughly → SketchySeaBeast]

To put some math on that - assuming a market rate of return of ~7% and an inflation rate of, hell, we’ll call it 4%, that’s $30M/yr inflation adjusted forever.

You invest $30M at the same rates, and it generates $900k/yr inflation adjusted forever. That’s the combined income of 10 median families, give or take - which means a billion dollar fortune throws off enough money to comfortably support 10 families per year forever, forever.