Headlines will say "Jack Dorsey donates $1 billion" and I want everyone to know that's not what he's doing. He's putting $1 billion into a company that's gonna be a part of the privatization of services the government should provide. It's gonna be like the Gates foundation.
So a tiny amount of that fund will get donated, but the bulk of it is gonna turn a profit for jack, and the billionaire defenders will praise him as he gets richer while most people get poorer.
Have you ever wondered why Bill Gates has gotten exponentially richer over the last 10 years even though he says he's trying to give away all his wealth? Or why his foundation has consistently made zero improvement in education outcomes? Is he just bad at doing philanthropy?
The answer is yes and no. His foundation isn't doing what he said it would do but it is achieving the desired outcome of making him richer. That's why billionaires don't donate money, they make foundations and partnerships so they can keep making profit and look charitable.
And his prediction was right, all the headlines ALREADY say "Jack Dorsey donates $1 billion" because most journalists are, generously, innumerate, gullible shills.