Tech oligarchs reshape humanity while billionaires of old seem quaint

From Gates to Musk and Altman, today’s ultra-rich steer AI and tech, raising questions about who decides the future When Bill Gates became the first modern IT mogul to reach the apex of wealth and power in 1992, the world was a very different place. Gates joined the top 10 on Forbes magazine’s billionaires list

✦ Editorial Summary

The rise of tech oligarchs like Gates, Musk, and Altman has dramatically reshaped humanity, transforming the world from its pre-1992 state. Today's ultra-rich tech moguls wield significant influence over AI and technology, raising concerns about who decides the future. This shift has relegated traditional billionaires to a quaint, bygone era.

Guardian Business·theguardian.com·Mar 8, 2026·1 min read· pts

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