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The AI argument is completely irrelevant. The owners of a corporation already delegate decision making to one or more natural intelligences, also known as the b
by samus 4y ago
The AI argument is completely irrelevant. The owners of a corporation already delegate decision making to one or more natural intelligences, also known as the board. This (hive) mind is responsible for acting in the corporation's interest.
- photochemsyn 4y agoThe legal requirement is that the board act in the shareholder's interest, which is not necessarily the same as the corporation's interest, is it? What if the board was instead elected by the employees and was directed to act in their interest instead? Or, half the board could be elected by employees, and half elected by shareholders. What the corporate person would think about this is anyone's guess, though.
- samus 4y agoThe shareholders own the company. Therefore, the board has to act in the shareholder's interest. Usually this means that the share price at the stock market has to be maintained or increased, else the shareholders would suffer losses. Employees have no stake in a normal company. Their contributions are remunerated by their salary, and their employment can be terminated at any time (details subject to jurisdiction of course). Some jurisdiction provide for a worker's council in larger companies that can influence decisions of the board. Corporations where employees regularly exercise control democratically are called worker cooperatives.