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by jerojero
1541 days ago
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Facebook is a particularly strange example. In most cases I am absolutely not surprised that companies will actively harm society to profit short-term, I mean, they have to increase profits for their shareholders who really and I really mean it; don't give a shit what the companies does. Save for, say, big trusts that do represent the interest of their owners or sometimes states (like Norway) that might have a political agenda, the "caring" is way too diluted between way too many parties for any sort of social responsibility to appear. But Facebook? As far as I know, yes it is a publicly shared company... but decision making is still pretty much on Zuckerberg's hand much more than almost any other tech company out there... so why? Is it that the leadership at Facebook think they're doing something good? Maybe Zuckerberg really believes in his `meta` dream so much that he's willing to sacrifice anything to get there? Peculiar to say the least. In any case, I'll quote Milton Friedman: "there is one and only one social responsibility of business–to use it resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.”. But I will add a little bit more: if you have money, you have power, if you have power, you get to choose the rules of the game. |
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