Too complicated. Arson is much, much simpler.
Alphane_Moon@lemmy.world 2 days ago
A16Z should be shut down and all their mid to senior level employees should be required to pick between real community service work (de-mining, live-in janitor at a hospice service, custodian at an infectious disease hospital) for 20 years or doing 40 in jail. Full asset seizure in both cases.
SharkAttak@kbin.melroy.org 2 days ago
tal@lemmy.today 2 days ago
A16Z should be shut down
No point. I’m sure that they’re not the only ones, and there will be more.
One possibility is that we just have to have expensive identities — the “Reddit model” where anyone who wants to can just create a new, anonymous identity doesn’t work. We can maybe be pseudonymous, but we might not be able to create lots of identities the way we do today.
Or maybe we’ll have to have a more-elaborate reputation system.
Alphane_Moon@lemmy.world 2 days ago
Shutting down the legal entity isn’t that strong of an incentive, I agree.
Having to do 20 years community service as a junior janitor at an infectious disease hospital in rural congo and losing all your money (every last cent) is exactly the type of incentive that would work with American VC types.
Not saying that US society (as it stands today) is capable of reforms, but that doesn’t mean one shouldn’t take a sober attitude when evaluating the type of incentives that could work.
count_dongulus@lemmy.world 2 days ago
The thing is, what they’re doing isn’t technically criminal. It just violates the terms of use of most social media sites and apps.
Alphane_Moon@lemmy.world 2 days ago
Their crypto pyramids schemes and pump and dumps were also technically legal. And yet it is impossible for a pyramid scheme to work.
You have “technically legal” schemes in other countries too. If there is a desire to address criminality a way can be found.
If you want to achieve something, coming up with excuses around why it is not possible rarely bring results.
tal@lemmy.today 2 days ago
Pyramid schemes are not legal in the US.
There are some systems that have some aspects in common with pyramid schemes that are legal (Social Security sometimes gets called a “pyramid scheme” by people that don’t like it, for example, and MLM schemes are legal, though they can, in practice, partially work something like pyramid schemes).
Alphane_Moon@lemmy.world 2 days ago
I am not a lawyer, so I can’t make any claims about US law.
If, as you claim, pyramid schemes / ponzi / pump and dumps are not legal in the US. , how is it that A16Z leadership wasn’t arrested for investing in Axie Infinity?
A business model like Axie Infinity is mathematically impossible.
einkorn@feddit.org 2 days ago
I assume people arguing this also don’t have any other form of insurances?
the_q@lemmy.zip 2 days ago
Ah yes the old legal vs right argument.
M1ch431@slrpnk.net 1 day ago
It would be wise to make openly manipulating social media with AI illegal, immediately.