[naringas]

"These "investors," who have zero industry skills or expertise, take advantage of a [insert economic activity]-as-a-service (?aaS) model to gain sophisticated capabilities"

The type of billionaire individuals who by virtue of inheriting billions upon billions, don't ever have any real skills (nor the need to develop any) and yet, they live in societies (subcultures) which expect that they keep having (and making) billions upon billions.

Think of descendants of descendants of founders of what are now giant corporations.

They fund VC-backed startups, which they then own (by proxy). They can barely use an iPhone; let alone understand how it works or is made.

Except the business being funded is a criminal enterprise, maybe their riches originally come from "shadier" dealings?

My point is that the underlying principle is the same, it's a very powerful principle. This is how the market enables societies to build super complex stuff. The marketplace abstracts away the complexities. This 'principle' is a technology, it's ethically neutral.