Comment on Reddit sues Anthropic, alleging its bots accessed Reddit more than 100,000 times since last July
WhatAmLemmy@lemmy.world 2 weeks agoMaybe our quality of life, livelihood, and retirements should not be bound to for-profit corporations?
dan@upvote.au 2 weeks ago
I agree, but unfortunately it’s a reality of a capitalist society.
NocturnalMorning@lemmy.world 2 weeks ago
Our retirement plans didn’t used to be tied to the stock market. So clearly there’s a way to have retirement plans that don’t tie the entire middle class to the success of every large corporation.
Disaster@sh.itjust.works 2 weeks ago
Well, there’s the Defined Benefit pension, however typically these pension funds then become institutional investors who seek to own shares in… you guessed it - stocks.
At least those institutional investors are at least somewhat responsive to public pressure campaigns, as the state/local comptrollers are a politically appointed position.
When you give your money to a 401k, the fund manager gets all the voting rights on the corporate board and is generally only accountable to “A reasonable rate of return”