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Look to history. Here's a list of "Fortune 7" companies from about 50 years ago. IBM AT&T Exxon General Motors General Electric Eastman Kodak Sears, Roeb
by nradov 9mo ago
Look to history. Here's a list of "Fortune 7" companies from about 50 years ago.
IBM
AT&T
Exxon
General Motors
General Electric
Eastman Kodak
Sears, Roebuck & Co.
Some of them died. Others are still around but no longer in the top 7. Why is that? Eventually every high-growth company misses a disruptive innovation or makes a key strategic error.
- skeptic_ai 9mo agoWhat I meant is they can kill people and still survive. So how much bad things they need to do to be shut down? Kill 100 people? 100000? So seems as long as the lawsuit is less than what they can afford they will survive. Which is crazy.
- s1artibartfast 9mo agoyes. As long as they are more valuable to people than the lives cost, they will stick around. Part of this is a pragmatic utilitarianism the world run on. How many people can a doctor kill and still survive? Nobody expects perfection because they like having doctors.