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Comment on Talents leave AI companies: "They are putting profits over sanity and safety"

XLE@piefed.social ⁨2⁩ ⁨days⁩ ago

Look up “shareholder primacy”. It’s enshrined in law.

BTW you said Midjourney is a profitable company elsewhere. Can you provide a source?

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ThirdConsul@lemmy.zip ⁨2⁩ ⁨days⁩ ago
It literally isn’t. Google shareholder primacy and you’ll notice its a norm, not a law (in the USA).

You can also Google that.

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- XLE@piefed.social ⁨1⁩ ⁨day⁩ ago
  It’s a judicial precedent
  
  https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.
  
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- XLE@piefed.social ⁨1⁩ ⁨day⁩ ago
  Why don’t you show us your Google result that proves Midjourney made of profit?
  
  source
  - ThirdConsul@lemmy.zip ⁨1⁩ ⁨day⁩ ago
    en.wikipedia.org/wiki/Midjourney#%3A~%3Atext=The+…
    
    source
    XLE@piefed.social ⁨1⁩ ⁨day⁩ ago
    
    Holz told The Register in August 2022 that the company was already profitable.
    
    Is this still the case?
    
    source