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by yourapostasy
3577 days ago
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> ...operate as a share price optimization algorithm... That in itself is not so bad, as extremely long-timeframe constraints (say, >50 years) upon such an algorithm could conceivably be consonant with current decision-making behavior that externalizes many input costs (employee overtime, environmental damage, etc.). Running the algorithm to pay out in very short timeframes (a month to a year) due to most CEOs' anticipated short tenure is what seems to cause undesirable optimizations. |
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