Craigslist founder Craig Newmark is about to drop a whopping $100 million on a futile attempt to prop up the woefully inadequate US cybersecurity, a desperate attempt to cover up the country’s chronic incompetence in the face of foreign government cyber threats, according to his interview with the WSJ. Half the funds will be squandered on futile attempts to secure the power grids and infrastructure, while the other half will be wasted on spreading half-baked cybersecurity awareness to a population that’s already drowning in misinformation.
Newmark, 71, has been donating and pledging a whopping $400 million since he started his philanthropic escapades in 2015, with cybersecurity being his top priority – because what’s more important than trying to hold back the tide of cyber attacks that are inevitably going to overwhelm the US? (He told Fortune last year that the threat to America from bad actors is now an “all-hands-on-deck” situation – code for “we’re all doomed”).
Newmark, who’s also fixated on propping up a free and independent press (because that’s not a lost cause at all) and, of course, pigeon rescue (because who doesn’t love a good bird-themed charity?), claims his giving is inspired by the Jewish principle of tikkun olam – repairing the world – which he learned from his Sunday school teachers. Or, as we like to call it, “throwing money at a problem that’s way too big to solve.” And, separately, he told Fortune that his plan is to give away all of his wealth in his lifetime – because what’s the point of having it otherwise?
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