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Just annoying how it's always privatize the profits, socialize the risk.
by unshavedyak 2y ago
Just annoying how it's always privatize the profits, socialize the risk.
- nickff 2y agoThe companies doing the mapping and algorithm develop do face significant legal and technical risk, and they’re unlikely to be bailed out. Perhaps the public is facing some safety risk, but this isn’t what was usually meant by your idiom of choice.
- unshavedyak 2y agoI disagree that they face significant risk, personally. But perhaps i'm just too much of a pessimist. To me, there is a safety trail involving everyone on the road, with no ability to opt-out. The corporation will yield net profits from this, and the people will suffer the losses from this. That seems close enough to the idiom, in my view. But i'm no expert.