Comment on Sundar Pichai argues in court that Google isn’t evil, it’s just a business

alonely0@programming.dev ⁨1⁩ ⁨year⁩ ago

• KoboldCoterie@pawb.social ⁨1⁩ ⁨year⁩ ago

  Are you perhaps referring to the myth that the law requires companies to maximize shareholder profits above all else?

  source

  • Deconceptualist@lemm.ee ⁨1⁩ ⁨year⁩ ago

    Ok I was ready to disparage your link since the domain ends in .ai, but actually that was a decent read and a pretty good argument. I’m glad to have better knowledge of the actual court rulings.

    source

    • KoboldCoterie@pawb.social ⁨1⁩ ⁨year⁩ ago

      I didn’t even look at the URL, to be honest; it was the most layman-friendly and succinct article that was from the last few years that popped up in a quick search, but there’s plenty of similar articles from other sources if anyone doubts this one.

      source
  • devbo@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Who/Where are these people that believe that? I have heard people say shareholders only care about profits, but I have never heard anyone say it was a law to maximize them. Regardless, they do love profits more than anyone or anything at any company. Companies also like to keep their shareholders happy. Evil comes about becuase of these.

    source