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ScienceGlobal issues

Tech billionaires and power: Visionaries or ideologues?

08:27

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René Kirschey | Thomas Hauer
May 6, 2026

Elon Musk, Peter Thiel and others push world shaping visions while resisting regulation. Critics warn extreme ideologies may drive their growing power.

Elon Musk wants to colonize Mars with up to a million people. Scientists say the plan ignores core challenges such as low gravity, weak atmosphere, and lack of magnetic protection. Many say Mars is unlivable and that technological ambition should focus on preserving life on Earth instead. Critics also warn of powerful ideologies shaping today’s tech elites, including Musk and Peter Thiel. Grouped under the term TESCREAL, ideas such as transhumanism and longtermism promote a future driven by elite decision making. Experts fear these worldviews concentrate power, sideline democratic oversight, and risk "techno-fascism." As vast resources flow into distant futures, urgent crises like climate change and social inequality may be deprioritized. So who decides which future humanity should pursue?

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