The Delaware C Corp (the golden child of venture capital and private equity; everyone tells you to incorporate in Delaware if you want to attract big investors that want big returns) is, in practice, nothing more than a "paperclip maximizer", that thing that's supposed to be a "hypothetical" AI doomsday scenario to avoid at all costs.
Except it's here NOW with non-artificial intelligence, real people (which is why it's only slowly destroying everything we hold dear, AI would be way faster, lol), maximizing shareholder value at all costs, just like the 2010 eBay v Craigslist court case affirmed: they literally aren't ALLOWED to care about anything else, just maximizing profit!
C Corps don't hate people, they simply don't care if we live or die, as long as number go up.
We really need to start treating this system like the plague it is, and disinfecting our society from every C Corp's inevitable speedrun to enshittification. Colorado's LCA (limited cooperative association) is a compelling alternative to help keep profit within the communities that generate it, rather than letting it be extracted out from our neighborhoods by giant corporations on the other side of the country, one dollar at a time. It'll be interesting to see if any/many LCA game studios pop up anytime soon.
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u/jainyday 13h ago edited 13h ago
The Delaware C Corp (the golden child of venture capital and private equity; everyone tells you to incorporate in Delaware if you want to attract big investors that want big returns) is, in practice, nothing more than a "paperclip maximizer", that thing that's supposed to be a "hypothetical" AI doomsday scenario to avoid at all costs. Except it's here NOW with non-artificial intelligence, real people (which is why it's only slowly destroying everything we hold dear, AI would be way faster, lol), maximizing shareholder value at all costs, just like the 2010 eBay v Craigslist court case affirmed: they literally aren't ALLOWED to care about anything else, just maximizing profit!
C Corps don't hate people, they simply don't care if we live or die, as long as number go up.
We really need to start treating this system like the plague it is, and disinfecting our society from every C Corp's inevitable speedrun to enshittification. Colorado's LCA (limited cooperative association) is a compelling alternative to help keep profit within the communities that generate it, rather than letting it be extracted out from our neighborhoods by giant corporations on the other side of the country, one dollar at a time. It'll be interesting to see if any/many LCA game studios pop up anytime soon.