5 ms·
Isn't it mainly about short-term vs long-term gain? Self-correcting would most likely mean long-term gains, but I'm guessing it is more cost-efficient to wait
by tommica 7y ago
Isn't it mainly about short-term vs long-term gain? Self-correcting would most likely mean long-term gains, but I'm guessing it is more cost-efficient to wait for government to do something about it, while paying lobbyist to manage things on that side.
- Draiken 7y agoIt's probably even more profitable to invest in lobbying and prevent the government from ever doing anything meaningful to them in the first place. The problem with the assumption that governments can do something is that it relies on the notion that they are independent from the businesses. That's most certainly not the case today. Representatives have a lot more interest in keeping Google happy than their constituents.