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submitted 21 hours ago by futurk@feddit.org to c/technology@lemmy.world
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[-] bearboiblake@pawb.social 72 points 20 hours ago* (last edited 20 hours ago)

AI businesses are putting profits over sanity and safety.

All businesses are. That's what a business is. A legal entity that seeks to extract as much wealth from people as possible. They put profits before people as a matter of policy.

Limited liability corporations should be outlawed.

[-] iamthetot@piefed.ca 16 points 19 hours ago

That's not what business is inherently; that's what capitalism is.

[-] fafferlicious@lemmy.world 9 points 16 hours ago* (last edited 16 hours ago)

It's not even strictly what capitalism is about. It's some stupid bullshit interpretation that came out of the University of Chicago economics department.

Seriously, go look at Adam Smiths wealth of nations. The only mention of the "invisible hand" is so different from what is taught in economics now

… by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.

It's not that we need no regulation. It's just trying to say that if we set things up correctly, we don't need to worry about people pursuing SOLELY their own personal gain. Because the market seeks out the "greatest value", which is not just about money. It's also the value to society as a whole.

Instead, we got the fucking bullshit from Chicago saying that the only / best way of measuring value is by profit.

[-] minorkeys@lemmy.world 9 points 20 hours ago
[-] ThirdConsul@lemmy.zip 2 points 6 hours ago

Interestingly its not.

[-] village604@adultswim.fan 8 points 19 hours ago

I believe that's only if you're publicly traded.

[-] minorkeys@lemmy.world 0 points 16 hours ago

Yeah, but it might depend on the company bylaws even if its privately owned.

this post was submitted on 19 Feb 2026
559 points (99.3% liked)

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