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The problem described isn't companies buying goods and services. It's buying from an entity they partially own and then profiting as that entity becomes more va
by carefulfungi 4mo ago
The problem described isn't companies buying goods and services. It's buying from an entity they partially own and then profiting as that entity becomes more valuable because of the purchase.
- dyauspitr 4mo agoIt’s still very tenuous you can’t prevent companies that own 5% of other companies from buying services from the that company
- matthewdgreen 4mo agoWe can prevent anything we want. If there's a major AI crash analogous to the Depression, we'll probably institute a lot of new regulations.
- deleted 4mo ago[deleted]
- carefulfungi 4mo agoIf the parent comment is true, it seems the problematic aspect is the leverage created by the P/E ratio more than the percentage of ownership. What a weird situation.
- dyauspitr 4mo agoOh yeah, these are definitely circular financial games but you have to be wary about putting in insane regulations that will break growth.