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IPFS News Link • Positive News Thinks It Can Engineer a Solution to the World's Woes

• Wired

At first, the announcement brought tremendous praise; if the couple follows through on their plan to donate $45 billion during their lifetimes, they'll become the world's most generous donors. But soon, critics were complaining that Chan Zuckerberg Initiative is a private company, not a non-profit. That led some to question their motives.

The skepticism might seem surprising given the scale of their pledge. But rampant income inequality in Silicon Valley breeds cynicism about so much control being held by so few people. Even as tech titans from Bill Gates to Pierre Omidyar to Marc Benioff give away incomprehensible sums—and perhaps because of it—the question of how tech can best approach philanthropy has become ever more pressing.