Musk, Thiel, Zuckerberg, and Andreessen are American oligarchs, controlling online access for billions of users on Facebook, Twitter, Threads, Instagram, and WhatsApp, including 80 percent of the US population. Moreover, from the outside, they appear to be more interested in replacing our current reality—and our economic system, imperfect as it is—with something far more opaque, concentrated, and unaccountable, which, if it comes to pass, they will control.
Their plan for your future involves nothing less than confronting the nihilism of a looming dystopia. And four of the projects they are pursuing to address their visions will need tens of trillions of dollars of (mostly public) investment capital over the next two decades.
These Technocrats make up a kind of interlocking directorate of Silicon Valley, each investing in or sitting on the boards of the others’ companies. Their vast digital domain controls your personal information; affects how billions of people live, work, and love; and sows online chaos, inciting mob violence and sparking runs on stocks. These four men have long been regarded as technologically progressive heroes, but they are actually part of a broader antidemocratic, authoritarian turn within the tech world, deeply invested in preserving the status quo and in keeping their market-leadership positions or near-monopolies—and their multi-billion-dollar fortunes secure from higher taxes. (“Competition is for suckers,” Thiel once posited.)
Excerpted from The End of Reality: How Four Billionaires are Selling a Fantasy Future of the Metaverse, Mars, and Crypto by Jonathan Taplin. Copyright © 2023 by Jonathan Taplin. Printed with permission of Public Affairs, an imprint of Perseus Books LLC, a division of Hachette Book Group, Inc., New York, N.Y. All rights reserved.