eicker@lemmy.world to Technology@lemmy.worldEnglish · 10 hours agoIt’s time to block reckless AI IPOs and tax billionaires: We cannot let the billionaire class take unprecedented risks with our future.www.theguardian.comexternal-linkmessage-square11linkfedilinkarrow-up1237arrow-down11
arrow-up1236arrow-down1external-linkIt’s time to block reckless AI IPOs and tax billionaires: We cannot let the billionaire class take unprecedented risks with our future.www.theguardian.comeicker@lemmy.world to Technology@lemmy.worldEnglish · 10 hours agomessage-square11linkfedilink
minus-squarezarathustrad@lemmy.worldlinkfedilinkEnglisharrow-up2·4 hours agoDon’t forget that selective regulation can be worse than none. The stage is already set to use regulatory capture to protect tech monopolies in the name of security and safety. Can’t have these useful tools in the hands of citizens who are not engaged in maximizing shareholder value.
minus-squaregravitas_deficiency@sh.itjust.workslinkfedilinkEnglisharrow-up1·2 hours agoI mean, yeah. We have selective regulation - and selective enforcement of said selective regulation - already. If you’re trading enough significant figures, the SEC demonstrably does not give a flying fuck what you do in the vast majority of cases.
Don’t forget that selective regulation can be worse than none.
The stage is already set to use regulatory capture to protect tech monopolies in the name of security and safety.
Can’t have these useful tools in the hands of citizens who are not engaged in maximizing shareholder value.
I mean, yeah. We have selective regulation - and selective enforcement of said selective regulation - already. If you’re trading enough significant figures, the SEC demonstrably does not give a flying fuck what you do in the vast majority of cases.