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Assuming good faith from a corporation is absurd. Corporations measure success by one metric and one metric alone: shareholder value. Under our current system,
by komali2 2y ago
Assuming good faith from a corporation is absurd.
Corporations measure success by one metric and one metric alone: shareholder value. Under our current system, a corporation that doesn't increase shareholder value is considered a bad company. Such a company is punished.
If Google can increase shareholder value by violating user privacy, and the consequences of getting caught won't reduce shareholder value too much, it's a bad company if it doesn't violate user privacy.
Of course there are mechanisms that slow this down, like laws and employees trying to follow laws, employee ethics, old guard culture, etc, but all will be defeated one by one for shareholder value.