New York Times: Billionaires control the cable channels, social media platforms, newspapers, movie studios and essentially everything else that we consume, but for their own information sources they are in some cases more likely to trust their own kind. Semafor documented one ultraexclusive group chat that included Mr. Andreessen and Mr. Srinivasan, among others, in which the self-reinforcing discourse is reported to have pushed many Silicon Valley tycoons toward right-wing politics. “If you weren’t in the business at all,” the writer Thomas Chatterton Williams said of a similar group chat he was a member of, “you’d think everyone was arriving at conclusions independently.”
Such disconnection goes a long way to explaining why billionaires can’t grasp how the real world is convulsing outside their well-secured gate…
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