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by GabeIsko 1110 days ago
They are certainly having g a poor track record. Most of the CEOs and managers I talk to think that it is a noble pursuit for them to be profitable because the free market determines what is moral and in the public interest. Its a pretty commonly held belief in the business world - it's very similar to a religious faith. 9ne manager even believed that scientific discovery only occurred to fulfill the objectives of business managers. Most scientific research in the US is publicly funded, so it isn't even funded by business. But, he didn't accept that explanation.

I was half joking when I was talking about nationalizing social media, but we should ask ourselves why we as a society are destroying these tools that we all used and enjoyed using because a bunch of money changed hands. Twitter is undeniably worse off, so is Facebook. Surely we have proved that we can have these things if we wanted to. At the very least, we should have net neutrality.