Picasso@thelemmy.club to Technology@lemmy.worldEnglish · 2 days agoGoogle removes pledge to not use AI for weapons from website | TechCrunchmessage-squaremessage-square64fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1message-squareGoogle removes pledge to not use AI for weapons from website | TechCrunchPicasso@thelemmy.club to Technology@lemmy.worldEnglish · 2 days agomessage-square64fedilink
minus-squaretruthfultemporarily@feddit.orglinkfedilinkEnglisharrow-up0·edit-220 hours agoA thing I want to point out about publicly traded companies is that they are legally required to maximize shareholder profit. So if a CEO refuses to do something immoral that would increase profits, the shareholders can sue to have them fired and replaced with someone else. Not protecting any company here but this entire system is fucked and clearly leads to enshittyfication and immoral actions becoming the norm.
minus-squaredemonsword@lemmy.worldlinkfedilinkEnglisharrow-up0·16 hours ago A thing I want to point out about publicly traded companies is that they are legally required to maximize shareholder profit. that’s not actually true, friend (unless the law changed, the article linked is a little old)
A thing I want to point out about publicly traded companies is that they are legally required to maximize shareholder profit.
So if a CEO refuses to do something immoral that would increase profits, the shareholders can sue to have them fired and replaced with someone else.
Not protecting any company here but this entire system is fucked and clearly leads to enshittyfication and immoral actions becoming the norm.
that’s not actually true, friend (unless the law changed, the article linked is a little old)