A lot of people feel the same way about nation states in which one actor can make decisions which unilaterally transform the earth without majority consensus. The world actually has a long history of political leaders making short-sighted decisions which affected generations to come, can you think of times an individual billionaire has done the same?
I'm personally much more concerned with the concentrated individual power of the likes of Putin or Xi than I am of Buffet or Gates.
I would definitely prefer governments to be made up of small autonomous city states with a simple NATO-like 'An attack against one is an attack against all' clause to maintain peace.
I'm personally much more concerned with the concentrated individual power of the likes of Putin or Xi than I am of Buffet or Gates.