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by intended
38 days ago
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So what? That underinvestment is the entire reason their stock prices are so high. This is effectively pollution of our information economy and environment, and the costs are offloaded to society. The fact that we have the first generation with lower education attainment is not a problem for their stock prices or operational profit. Tech has ungodly profit margins, because they are all about scaling without having to bring people in. Sadly there is no such thing as a free lunch, and if firms are made to clean up their mess? Oil spills affect Oil firms more than Tech fallout affects Tech firms. |
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Tech firms are remarkably successful at offloading costs as externalities and avoiding any sort of liability. '
What other products do you buy that require mandatory click-through "agreements" absolving the manufacturer of any kind of responsibility? Why is that legal?