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Sundar Pichai argues in court that Google isn’t evil, it’s just a business(www.theverge.com)

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nave@lemmy.zip
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alonely0@programming.dev
75 points

A publicly traded company is legally obligated to be evil.

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KoboldCoterie@pawb.social
19 points

Are you perhaps referring to the myth that the law requires companies to maximize shareholder profits above all else?

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Deconceptualist@lemm.ee
18 points

Ok I was ready to disparage your link since the domain ends in .ai, but actually that was a decent read and a pretty good argument. I’m glad to have better knowledge of the actual court rulings.

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KoboldCoterie@pawb.social
7 points

I didn’t even look at the URL, to be honest; it was the most layman-friendly and succinct article that was from the last few years that popped up in a quick search, but there’s plenty of similar articles from other sources if anyone doubts this one.

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Eldritch@lemmy.world
8 points

There is no law that says they must. But shareholders are justified to fire C suite who don’t. And realistically shareholders only care about profits. Therefore they effectively must. Regardless of it not being “law”.

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devbo@lemmy.world
4 points

Who/Where are these people that believe that? I have heard people say shareholders only care about profits, but I have never heard anyone say it was a law to maximize them. Regardless, they do love profits more than anyone or anything at any company. Companies also like to keep their shareholders happy. Evil comes about becuase of these.

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