Elon Musk Archive
Chief Nerd
Chief Nerd
@TheChiefNerd · Oct 2, 2025
CARUSO: “We are spending in the city of Los Angeles $900,000 per [homeless] person that they're removing from the streets.” CHAMATH: “$900,000 per year??” CARUSO: “Yeah!” CHAMATH: “Oh my God!”
Chief Nerd
Elon Musk
Elon Musk
@elonmusk
The NGOs are paid almost a million dollars a year per homeless person, so their incentive is therefore super high to maximize the number of homeless people and never do anything that would reduce their number, like stopping the sale of fentanyl. Whatever you incentivize will happen.
05:57 AM · October 2, 2025 · 167.5K views
261
629
3.6K