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"Bad" accurately describes Theranos's effect on society, but the comment you are replying to is probably asking about the effect of deciding to take a job at Th
by hollerith 7y ago
"Bad" accurately describes Theranos's effect on society, but the comment you are replying to is probably asking about the effect of deciding to take a job at Theranos on the personal well-being of the individual making the decision.
After all, nobody is claiming that the Amazon dirt scam had a positive effect on society. The question in this thread was whether the dirt scammer's decisions were individually personally rational.
Your bringing up Theranos does not seem to me (and probably does not seem to grandparent) to shed any light on this question because it might have been individually personally rational for someone to take a job at Theranos: none of Theranos's non-management employees were required to give back their salary after Theranos was discovered to have been a fraud.
- wpietri 7y agoIn both cases it was rational in the short term: the money kept coming in. And "individually personally rational" is a weird way to say "greedy sociopath who only cares about how much money was pocketed".