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"Silicon Valley companies' only goal is maximizing profit. Why do we keep forgetting it?" I am not sure I understand how this is different from any other compa
by zadkey 7y ago
"Silicon Valley companies' only goal is maximizing profit. Why do we keep forgetting it?"
I am not sure I understand how this is different from any other company. Most corporations have bylaws that force them to optimize for profit.
In fact many corporations, if they don't optimize for profit, they can be sued by shareholders for securities fraud.
To be clear, I am not saying this is right, or there is not a human toll to this mentality. I am just not able to see "Big Tech" as acting any differently than other large companies with similar size, reach, and economic power.
I realize she is making a similar point, but why single out one group?