tony69

Example 5: how does a giant LLM that needs million-dollar server racks just to run, replicate itself over the internet?

It’s not like they do it on purpose rubbing hands

Some crimes are bad enough that the perpetrators don’t deserve second chances. I’m ok with punishment for its own sake in some cases even if it would be more “cost effective” or “productive” for society to rehabilitate.

Seems to me that the TAM for a fan is basically infinite for any single company, therefore making a product that is too high quality or long lasting could still get you growing yoy sales for a long time and stay in business. But you’re probably right that vs competition lowering prices (and quality) they’d lose.

There’s probably an optimum for maximizing sales/growth that doesn’t land on highest quality products in the real world, with non rational consumers, imperfect information etc… sadly.

“Not in charge of” can agree

“Have no access to” I have doubts

There’s TIPS ETFs

Plenty of hedged equity funds out there. Trade some performance for peace of mind.

Yes. That’s what passive investing is. You give money to the passive fund, the passive fund buys the market. No regard to price or any other metric.

In Italy, it’s illegal to pay in cash anything over 5000 euros

I’m not sure what the justification is, but I assume it’s some flavor of “so index fund holders don’t miss out on returns”. It’s crooked because index inclusion drives massive flows at any price. SpaceX understands this and with so much money on the table probably exerted influence (maybe the big AI players contributed too). Passive funds don’t care about price (quite the opposite, they reward higher market caps in a feedback loop). But with an IPO, you’re supposed to let the market have some time to find the right price. Not to mention the changes related to profitability rules etc.

In big tech’s case it’s mostly to offset massive stock compensation of executives and insiders

Yes, but it was done for spacex and it’s crooked

By “raising death taxes”, I meant comprehensively, eliminating loopholes, as the sources I linked discuss more at length.

Re: irrevocable trust, a cursory search revealed no legitimate use case imo, all use cases I see are proxies to skirt taxes or hide income/wealth. What would you consider a legitimate use case for one?

Your point re: case law is well taken, but per [2] up until a few decades ago there was a cat-and-mouse game between laws and tricks regarding inheritance wealth transfer. This stopped and it’s easier than ever to transfer > 10M tax free at or death, which has massive implications for wealth inequality.

That said I agree it’s extremely unlikely and have no hope that any of this will change.