jay plemons (@jayplemons) “David Sacks just delivered an economics masterclass on Elon becoming the world’s” — TopicDigg

David Sacks just delivered an economics masterclass on Elon becoming the world’s first trillionaire. @davidsacks: “People see the headline and imagine Elon suddenly has a trillion dollars in the bank. That’s not how it works. His balance sheet didn’t change overnight.” Why? The real point is deeper. Wealth isn’t in the “stuff” we consume. Food, shelter, clothes. Things that depreciate and disappear. It’s in the machines that create stuff for decades: tools, workflows, and corporations. These are the true engines of human progress. “If you create a machine that makes more stuff, then there’s a discounted present value for all the stuff in the future that machine might create. That’s where the wealth comes from.” Elon started with nothing. An immigrant who slept on the floor building Zip2. He created these machines from vision and relentless effort. Thousands joined him, including a SpaceX welder who turned his labor into a million dollars in stock. That’s the magic of tech and free markets: labor can become capital. It’s fluid. The outrage misses this entirely. The people building machines that deliver medicines, energy, and abundance are creating lasting prosperity for everyone. What do you think? Does viewing wealth as future productivity change how you see stories like this?