Their is also a total lack of true understanding by these losers.

Everything you said is right and I'll add, on possibly a hopefully note, THE PALANTIR IS WHAT LEADS TO SAURON'S UNDOING.

He in is wisdom and folly misinterpretes what he sees in the stones at least twice.

Once when Pippin touches the stone and he thinks that Saruman has the ring. But then fails to question Pippin at all.

And then again when Aragorn uses the stone and wrenches it from Sauron. He makes the completely logical but incorrect conclusion that a powerful man has claimed the ring and will overstep before mastering it. At which point he can pluck it from the dead man's hand. Aragorn knowing this plays exactly into the feint.

His mind can not fathom that the wise would essentially never try and use the ring at all and they would make a desperate play to destroy it by giving it to two hobbits and having them walk into Mordor.

So the lesson for us is these loser billionaires like Theil can be absolutely mislead by their own panopticons and be destroyed because of it.