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chroma205 4 hours ago

> Meta are the only case where we have substantiated allegations of a company being aware of a large, negative impact on society

Robinhood has entered the chat

Why would one specific industry be better? The toxic people will migrate to that industry and profit at the expense of society. It’s market efficiency at work.

Ozzie_osman 4 hours ago | parent | next [-]

I do think an industry is often shaped by the early leaders or group of people around them. Those people shape the dominant company in that space, and then go off to spread that culture in other companies that they start or join. And, competitors are often looking to the dominant company and trying to emulate that company.

throawayonthe 3 hours ago | parent | next [-]

not sure how much sense that makes when the overarching culture is profit seeking

chroma205 3 hours ago | parent | prev [-]

> I do think an industry is often shaped by the early leaders or group of people around them

Yes, but did any industry live long enough to not become the villain?

Early OpenAI set the tone of safe, open-source AI.

The next few competitors also followed OpenAI’s lead.

And yet, here we are.

justinclift 16 minutes ago | parent [-]

> Early OpenAI set the tone of safe, open-source AI.

Um, wat?

slaterbug 3 hours ago | parent | prev [-]

For the uninformed, what large negative impact has Robinhood had on society?

bnjms an hour ago | parent | next [-]

Gamifying day trading is just turning the retail market into gambling. Obvious objections will be that this has been possible for a long time now. But never did I know young men to casually play the market day to day like Wall Street Bets do now the way they would follow sports in the past.

virtue3 an hour ago | parent | prev [-]

https://www.nbcnews.com/business/business-news/gambling-addi...

tip of the iceberg.