> CAN PRIVATE companies pushing forward the frontier of a revolutionary new technology be expected to operate in the interests of both their shareholders and the wider world?
No.
They use a top-down style of power-organization. These sorts of non-democratic power structures eventually devolve into a means to enrich the few in control at the expense of everyone and everything else.
1 comment
[ 3.0 ms ] story [ 12.4 ms ] thread----
> CAN PRIVATE companies pushing forward the frontier of a revolutionary new technology be expected to operate in the interests of both their shareholders and the wider world?
No.
They use a top-down style of power-organization. These sorts of non-democratic power structures eventually devolve into a means to enrich the few in control at the expense of everyone and everything else.
https://en.wikipedia.org/wiki/The_Logic_of_Political_Surviva...