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You seem to have missed the "start with". The problem here, as with many things is the privitization of profits while externalizing the harms onto someone else
by toss1 4y ago
You seem to have missed the "start with".
The problem here, as with many things is the privitization of profits while externalizing the harms onto someone else.
Modern technology now allows this at ruinous scale, and that needs to be prohibited or seriously controlled if we want to continue as a society.
It's often said that my ability to swing my fists in the air ends at the tip of your nose. Similarly, my ability to make profits should end at the point of causing massive harm to others.
Whether it is fossil fuel industry scaling up ecosystem-destroying tech, or tech hubs scaling up ability for any sick rando to ruin lives, it needs to be well controlled.
If you cannot solve the problem of your tech being used for life-ruining purposes, shut down.
One actual solution is to provide easily accessible routes for people whose lives are ruined by the tech platforms to claim recovery. You share all your profits with those whose lives are ruined, in sufficient measure to properly compensate them, and it's still profitable, maybe ok, if the harm is actually compensated.
And no, allowing liability only after massively costly lawsuits with no ability to collect because profits have been offshored is not a solution - it's more like put up a sufficient bond in every jurisdiction. Funny how that is likely to kill the business.
IOW, if we want a civilized society, allowing private profits on the backs of externalizing harm must be well controlled. Otherwise only psychopaths run the place.