4 ms·
Anyone made redundant by LLM who is not in a protected class will be fired, otherwise top management violates legal duty to maximize shareholder value.
by throwaway290 4y ago
Anyone made redundant by LLM who is not in a protected class will be fired, otherwise top management violates legal duty to maximize shareholder value.
- japhib 4y agothis is pretty dumb, LLM isn't replacing any actual coders
- warkdarrior 4y agoLLM isn't replacing any actual coders... yet!
- deleted 4y ago[deleted]
- nequo 4y agoThat legal duty is at best questionable: https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.#Significance https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.#Signif...
- aerotwelve 4y agoFrom Lynn Stout's "The Shareholder Value Myth"[1]; Stout is a former business law professor at Cornell: > “United States corporate law does not, and never has, required directors of public corporations to maximize either share price or shareholder wealth… State statutes similarly refuse to mandate shareholder primacy… As long as boards do not use their power to enrich themselves, the [business judgment rule] gives them a wide range of discretion to run public corporations with other goals in mind, including growing the firm, creating quality products, protecting employees, and serving the public interest. Chasing shareholder value is a managerial choice, not a legal requirement.” Such firings will be because management chose to make them, not because they were forced to by the threat of lawsuits by a non-existent legal doctrine. 1: https://www.amazon.com/Shareholder-Value-Myth-Shareholders-Corporations/dp/1605098132 https://www.amazon.com/Shareholder-Value-Myth-Shareholders-C...