But you still get a lot of "shareholder responsibility" comments. Imagine a company that dumps sewage into a river (be that literal or metaphorical). Internet people come around to tell you this is the nature of capitalism and shareholder structure means (increasing?) return on investment is critical and so CEOs have to spend all their waking hours having to juggle this
Am I arguing against this? I don't know - I'm not an economist. But I would like to point out there is such a thing as shareholder fraud and the venn diagram between "sacrifice quality to please shareholders" and "deceiving shareholders" has to be one big intersecting circle, you know? Especially when the guy (Zuckerberg with dual-class shares) can't ever be fired
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The real risk is when shareholders realize an LLM can do the CEO's job.
But you still get a lot of "shareholder responsibility" comments. Imagine a company that dumps sewage into a river (be that literal or metaphorical). Internet people come around to tell you this is the nature of capitalism and shareholder structure means (increasing?) return on investment is critical and so CEOs have to spend all their waking hours having to juggle this
Am I arguing against this? I don't know - I'm not an economist. But I would like to point out there is such a thing as shareholder fraud and the venn diagram between "sacrifice quality to please shareholders" and "deceiving shareholders" has to be one big intersecting circle, you know? Especially when the guy (Zuckerberg with dual-class shares) can't ever be fired