Their money goes to heirs who did not earn billions and do not know how to allocate it, or to questionable non-profits. So it ends up being a huge drag for the society.

A book takes days to finish. A YouTube video minutes.

We need it in 9”. That is if the opening dance is good enough to commit to the next 7”.

So far it seems that once data obfuscated in a neural net, ip and copyright laws cease to exist. Unlike MP3, MP4, PDF.

Even for humans the brains who managed a step change in thinking are so rare that we literally know them by name.

So no tax the locals. During the construction phase there is some legitimate economy uplift (similar to datacenters). But after that nothing.

So what does the local economy get out of it? A few maids salary to clean up the tourist's shit?

But once the regime is in place, over time a fraction of supporters start gaining benefits from it. Wealth, recognition, you name it. The regime controls resources of an entire country they can do it.

This core or supporters become the champions of the regime and will eradicate its competitors. Mentally or physically.

Example: try becoming an opposition party in Russia.

Historically if the erosion of institutions is already bad, there is no going back. Only external pressure (sanctions/wars) or civil war.

Elections work only if every group that has real power has agreed to yield it to institutions that will be elected. Either because they believe or because cumulatively the power they own is not enough to challenge the institutions.

And now with a smartphone every girl knows that it is not ok.

But no, we had to install random drivers on our machines, get blue screens and have to plug and unplug the printers until they get reset properly.

I can invest perfectly in an always up market.

Semiconductor/ Big Oil/ Rail/ Telco have.