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Ask HN: If you've got $1 Trillion for a Year. How would you best spend it

9 pointsby frade33about 10 years ago

12 comments

frade33about 10 years ago
Let me put my thoughts first.<p>1. Initiate massive industrialization in the 3rd World.<p>2. Create as many jobs as I could.<p>Expected Results.<p>1. Massive job creation would lead to improved economy for the 3rd World, filling the gap between 3rd and the 1st World.<p>2. People would become busier, Literacy rate would go up, Crime and Terrorism factors will be significantly reduced.<p>Overall, the world would become even better and more civilized place.<p>No rocket science here.<p>PS: Bill Gates, Warren, Please don&#x27;t donate money, Donate jobs.
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SEJeffabout 10 years ago
One rarely touched upon subject is that of education. Almost across the board globally where you see severe poverty you see much lower rates of education and much inflated rates of crime &#x2F; violence.<p>I&#x27;d give $50 million to the Khan Academy to continue what they are doing at a much increased pace. I&#x27;d partner with SpaceX to speed up their mesh Internet satellites in space idea. Then I&#x27;d subsidize renewable energy sources such as hydro, wind, and solar electricity throughout much of the poorest parts of the world. The key would be subsidizing the hardware but teaching locals how to operate and maintain this new infrastructure themselves.<p>Next would be standardized teaching of teachers from local areas to provide free schooling throughout most of the poorest and unreached parts of the world. This would be in partnership with the Khan Academy (or a similar institution of nonprofit status). They could tailor the curriculums to basic education and trades that benefit the local area. Examples would be farming, skilled trades, medicine, etc. if a Kaizen approach was followed, it should slowly improve the economy and thereby the world.<p>The overarching goal would be self sufficiency. It allows those with no hope to build ladders by teaching others to build ladders that let them climb out of the hole (metaphorically speaking) they are stuck in.
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stevekempabout 10 years ago
Buy&#x2F;Build a hell of a lot of houses, and rent them to students very cheaply. My future job would be &quot;landlord&quot;, and I&#x27;d be doing good by making university a little more affordable.
humanarityabout 10 years ago
- Machine superintelligence as a scientific research aid.<p>- Consciousness transfer to machine substrate research.<p>- Other life extension research.<p>Invest enough in some businesses to ensure the pot is renewed yearly.
mlwarrenabout 10 years ago
I&#x27;d first seek the advice of wealthy industrialists like Elon Musk, Richard Branson, and Bill Gates. Gates especially would be helpful in having effective ways to spend money for the benefit of humanity.<p>Then (depending on the advice given by others) I&#x27;d probably fund NASA, SpaceX, various clean energy companies, disease eradication programs, and development projects for poor countries.
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avemuriabout 10 years ago
I would find the poorest billion people and give them $1000 each.
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pvaldesabout 10 years ago
A lot of possibilities, but... this one for example.<p>To find a real way to erradicate zebra mussel and other invasive species, thus releasing about 120 billions currently billed to citizens in damages each year. The initial investment returned (saved) in the next 9 years plus 80 billions of cash, and 120 billions extra created from thin air each year to spend in caprices since there and forever.<p>Is not a simple task at all of course, but the reward is big.
S4Mabout 10 years ago
I&#x27;d build lots of houses and apartments, hopefully creating a massive worldwide drop in real estate.
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jhildingsabout 10 years ago
I&#x27;ve always found the thought of using a skyscraper as &quot;one house&quot; to be very appealing. To have like 10 floors removed to have a high ceiling and other cool stuff :D
Numberwangabout 10 years ago
I&#x27;d spend it all on medical and biological research.
mslevabout 10 years ago
I&#x27;d buy a 1992 Ferrari F40, and keep enough to maintain it. The rest would go to NASA&#x2F;SpaceX, and my university&#x27;s CS department.
Avalaxyabout 10 years ago
I&#x27;d distribute it between SpaceX, NASA, and other space agencies and let them decide what&#x27;s the best way to spend it :D