You know who's done a great job? Michael Dell. You know why Michael Dell has done a great job is because he put $6 billion of his own money, which is a fraction of his net worth. Forget about the stupid giving pledge. If you just say to Americans, hey, we're going to get the other 40% of people who are not participating in the equity holding of these great companies.
If you just change that, everybody's going to feel differently. And you know how you know this? Anybody who's on this call who has exposure to a venture firm in SpaceX, in Claude, or any of these companies, we feel great about the economy. Any of our family members who have exposure to our venture firms or, you know, who have a 401k with Google in it or Nvidia in it, they feel great. People who don't feel great, they don't own equities. They don't own a piece of the prize. What we really need to do in my mind is be honest with people. There are going to be entire jobs retired just like phone operators and receptionists are gone. The typing pool is gone. The mail room's gone. Society went on. It's not a big deal. Bad jobs that can be automated always get retired. And it may happen a little faster this time.
At the same time, by the way, all of these great entrepreneurs, all of these great philanthropists, instead of putting money into nonprofits, which take 60 cents on the dollar, and they pay these, you know, overpriced mids to, you know, be in a hundred million dollar office space, which is better than all of our collective office space, and they sit there and, you know, yenta it up and, you know, decide they're going to try to save the world. Well, 70 cents on the dollar of their comp and their office space.
Good use. Just give people directly some goddamn shares of SpaceX and Anthropic, and the entire problem is solved, and then America will be unstoppable.
Every American. I thought that was such an important point, that it's giving America, everyday people, a little taste there. There's so much hatred there. Let them wet their beak. There's so much anger towards AI because people feel like they're being left out. Like all these rich people are going to get a lot richer from AI and I'm just going to be sitting here with my ChatGPT. I don't see any upside. And you give people a little, even a little bit of upside, I think you would see opinions about AI generally shift a lot if people felt like I stand to earn a little money if Grok does better.
This could be quite significant as well. It seems like one share, you know, that's the starting point, but if everybody, all these companies start doing it, you know, you put that into like QQQ, which is the NASDAQ composite, basically the top 100 NASDAQ companies, I think it's QQQ, you know, that's going to be like 10x investment in 20 years. So, if people start seeing $500 in there, it turns into 5,000, and they start putting in 50 bucks a month themselves and they have this account created. That's what kind of happens when you get one of these. Until you have a credit card, you don't know how to use a credit card. Then you get a credit card, it becomes part of your financial literacy. You start learning. You don't have a phone. You don't have a car. You get a car. You get insurance. You get a title. You get registration. You get the little sticker that you've been inspected. You learn that whole stack of owning a car. You went through that, yes, at some point as a young adult.
Some people are not going through that. They don't get literacy on cars and owning a car, maintaining a car.
It is a whole... It is a process you have to figure out the first time you do it on your own. For sure.
And it's nuanced with many steps.
When you get pulled over by, you know, and it's not just a driver's license, folks. When you get pulled over, driver's license, registration, insurance, and then the inspection, and you know, there's a whole stack you have to learn. You have to learn the financial stack. We don't teach the financial stack.
This is going to just immediately educate people because they can't touch it for 18 years. They're not allowed to touch it.
So now you're forced to watch $500 or $1,000 if this keeps going. You know, you're going to have Google participate. I'm sure Microsoft, Apple, Nvidia, they're all going to be kind of pressured into doing this. And there's two interesting things happening here. There's individuals. Gwynne Shotwell did something for kids in her region. You can do these things by region, you know. So if you're like a kid from Brooklyn, you can give every kid from Brooklyn whatever it is.
I don't think you can do... I can't do it for like Italian, you know. You couldn't do it for Jewish kids. I can't do it for Greek kids. I don't think you're allowed to do it.
There are... There are... You could do Hellenic. You could say I'm doing it for Hellenic.
I mean, I think... No, actually you could... You could say I'm doing it for everybody at my Greek church. You could do it for everybody at your synagogue or your mosque.
That's what I was going to say is you could do things for your temple, for your community center, you know, whatever. Yeah.
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