Bill gates probably thinks that malaria in Africa is a better opportunity to do good than American homelessness. Elon musk chose electric cars and to give some money to openAI. I think the pattern here is that some billionaires do use a significant fraction of their fortune to do good, and they are fairly effective at doing so. But you can still find lots of important causes that aren’t being funded by them, because there aren’t that many billionaires.
Bill gates probably thinks that malaria in Africa is a better opportunity to do good than American homelessness. Elon musk chose electric cars and to give some money to openAI. I think the pattern here is that some billionaires do use a significant fraction of their fortune to do good, and they are fairly effective at doing so. But you can still find lots of important causes that aren’t being funded by them, because there aren’t that many billionaires.