Yes, they are sneering because he didn't buy another mega yacht instead.
> one of the oldest and largest sectors of the economy just needed an untrained rich guy to fly in and save the day
This is just investing. There are many old moribund sectors of the economy that could use investors not focused on quarterly profits. This is not a controversial statement in any other context, you just don't like it because it's Ellison doing it.
I don’t care one way or another to be honest - he’s free to waste his money however he wants. It’s just amusing after all his proclamations about reinventing farming and changing agriculture that they’re stuck at the level of early 2010s Dutch greenhouses..
It’s a shame that rather than just hire experts and give them access to the unlimited funding to advance the field he attempted to reinvent the wheel with ‘disrupters’ but it is what it is
> one of the oldest and largest sectors of the economy just needed an untrained rich guy to fly in and save the day
This is just investing. There are many old moribund sectors of the economy that could use investors not focused on quarterly profits. This is not a controversial statement in any other context, you just don't like it because it's Ellison doing it.