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What about limited liability? It seems to me to be an enormous concession to corporations and their shareholders, and which never seems to be questioned in popu
by puzzledobserver 3y ago
What about limited liability? It seems to me to be an enormous concession to corporations and their shareholders, and which never seems to be questioned in popular consciousness.
- crabmusket 3y agoDo you see a connection between limited liability and AI, or are you going in the direction of "free gifts to corporations"? I'm trying to understand how limited liability interacts with AI and corporations.
- coldtea 3y agoIf people running corporations are personally responsible (with no "limited liability" protections) they can't just play fast and loose letting AI make decisions.
- fallingknife 3y agoThat's between them and the people who choose to hire them (the shareholders) and lend them money.
- coldtea 3y agoWhen they operate within a society, and their actions affect society, then it's up to everybody else too. Corporations and their shareholders should be constrained by the laws of society and operate to the benefit of society first and foremost, and by their profit-seeking second. If that profit seeking or other interests go against societies (e.g. destroying the environment, bribing politicians, selling products that hurt people, etc.), they should be curbed.