Spoiler: it fits very few company’s business models. Some companies can avoid it, if their owners/board want to. But once they take venture capital, or go public, they lose that choice. And that “don’t be evil” promise, and most any other, is void.
You’re right, because usually the deeper pockets win. It’s likely the shareholders would just fire the executive and sue later, and then settle for whatever part of the golden parachute they want back.
We all did. It’s very much possible that they really meant it at the time. Most companies start with a lot of idealism. And then they become successful and consequently the target of cronies. They feel like they’re entitled to everyone else’s earnings and the dark pattern begins.
Man I wish we hadn’t all fallen for the “don’t be evil” motto all those years ago.
This move from Google is utter, utter bullshit.
Well they did remove the don’t be evil motto… guess it didn’t fit their business model
Spoiler: it fits very few company’s business models. Some companies can avoid it, if their owners/board want to. But once they take venture capital, or go public, they lose that choice. And that “don’t be evil” promise, and most any other, is void.
once they go public, the only goal is MOAR MONEY! reddit will also fall into this trap when/if they go public.
Reddit already fell into the trap a while ago. They’ve started walking into a cave they found in a trap, and now it’s so bad that we are here.
Shareholders can actually sue a business for making ethical decisions that leave money on the table.
People can sue for anything, doesn’t mean they’ll win
You’re right, because usually the deeper pockets win. It’s likely the shareholders would just fire the executive and sue later, and then settle for whatever part of the golden parachute they want back.
I’m going to sue you for that!
Not too long ago I personally discovered their own AI had some interesting insight about this topic… https://sh.itjust.works/post/1176461
We all did. It’s very much possible that they really meant it at the time. Most companies start with a lot of idealism. And then they become successful and consequently the target of cronies. They feel like they’re entitled to everyone else’s earnings and the dark pattern begins.