| ▲ | logicallee 5 hours ago |
| >Public benefit corporations in the AI space have become a farce at this point. They're just regular corporations wearing a different hat, driven by the same money dynamics as any other corp. Could you describe the model that you think might work well? |
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| ▲ | nozzlegear 5 hours ago | parent [-] |
| It sounds like OP thinks AI companies should just stop pretending that they care about the public benefit, and be corporations from the start. Skip the hand wringing and the will they/wont they betray their ethics phases entirely since everyone knows they're going to choose profit over public benefit every time. That model already exists and has worked well for decades. It's called being a regular ass corporation. |
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| ▲ | logicallee 5 hours ago | parent [-] | | I understand, but being a regular corporation is not the only possible model. Can you think of something better? | | |
| ▲ | williamdclt 4 hours ago | parent [-] | | > being a regular corporation is not the only possible model the point is that it _is_ the only possible model in our marvellous Friedmanian economic structure of shareholder primacy. When the only incentive is profit, if your company isn't maximising profit then it will lose to other companies who are.
You can hope that the self-imposed ethics guardrails _are_ maximising profit because it the invisible hand of the market cares about that, but 1. it never really does (at scale) and 2. big influences (such as the DoD here) can sway that easily. So we're stuck with negative externalities because all that's incentivised is profit. |
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