15 ms·

So you're saying that for-profit companies by nature don't provide value?

• airstrike 7y ago
  They provide value in a specific form, which is aligned to their goals, and it may or may not overlap with what's optimal for society. But they're not in the business of providing what's best for society. That's a byproduct of competition, not a goal from the outset.
  • anoncake 7y ago
    Either way, an economic system that by it's very nature can only provide sub-optimal results is broken.
    • airstrike 7y ago
      But that's the thing. Any single actor can only provide sub-optimal results, but competition and regulation create a competitive game which provides society with optimal results. Google isn't wrong – it's actually doing its part really well. It's either competition or regulation that need tweaking. Probably both. In other words > an economic system that by it's very nature can only provide sub-optimal results is broken. The economic system can provide optimal results. Individual actors can but don't need to in order for the prior statement to be true.
      • anoncake 7y ago
        It very much doesn't. Unless there is a working search engine right now that I just don't know about.