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Which affects shareholders more? The potential negative PR or the potential government contracts? If it were so cut and dry, I don't think they'd have a policy
by dfxm12 8y ago
Which affects shareholders more? The potential negative PR or the potential government contracts?
If it were so cut and dry, I don't think they'd have a policy at all, and I think this policy is the output of a calculated risk assessment where Google determined that the effect of the PR would be greater than the cash.
Plus, there was a chunk of their staff that threatened to leave the company if they went through with their pentagon drone project [0]. I imagine it would be hard to explain that to Wall st.
0 - https://www.bloomberg.com/news/articles/2018-06-01/google-won-t-renew-pentagon-ai-drone-deal-after-staff-backlash https://www.bloomberg.com/news/articles/2018-06-01/google-wo...
- smaddox 8y ago> ... and I think this policy is the output of a calculated risk assessment where Google determined that the effect of the PR would be greater than the cash. Huh? It sounds like they're not changing course at all, but just spinning what their doing in a less SkyNet light. > Which affects shareholders more? The potential negative PR or the potential government contracts? Considering several of the most valuable companies in the world are U.S. defense contractors, I don't think there's much of question about what affects shareholders more.
- jopsen 8y agoGoogle's golden egg requires the good will of consumers. Why risk it? Better to do a spin-off company instead..