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by Sohcahtoa82 1569 days ago
Optimizing for profit greatly incentivizes innovation as corporations compete, I'll definitely give you that.

But it also leads to a poorer customer experience (long hold times as call centers are understaffed, cheap and flimsy materials, I could go on...), exploitative dark patterns, rent-seeking, and more.

And then there's the fact that corporations would happily dump toxic waste into rivers to save a few dollars if the EPA didn't exist to stop them. They will gladly burn the atmosphere in order to show growth on their quarterly report.

> So the obvious question is how you balance those negative effects against the positive. This is where regulations and governments have to step in, though that certain has it's own massive issues.

Agreed. Corporations can't be free to do whatever they want, but finding that happy medium of reining them in without stifling them is hard.

It doesn't help that our politicians are for sale. Corruption runs rampant.