They’re really rushing to leave the bleakest cyberpunk distopia in the dust.
Isn’t one of their towns giving votes to corporations?
Like, what the hell Delaware? Why do you keep ruining things for the rest of us?
I think the entire state now allows corporations to vote.
The quote used as the title of the article isn’t accurate. The owner of the company would still be a human, so there would be a human at the helm.
I think he ment a human culpable for the actions of the company?
Which is strange since we don’t hold executives accountable in any meaningful way.
When is a human ever culpable for the actions of a company?
Of course it’s Delaware
For those who don’t know, delaware is basically three taxhavens in a trenchcoat pretending to be a state.
This move is Delaware taking a bold step into 21st century ways of hiding the crimes and wealth of the rich.
Delaware is the state where a bunch of companies are legally but not physically headquartered, ro evade state taxes and regulations.
States need to rethink their tax laws for companies: If you do business here, you pay taxes here.
My former employer was a Delaware corporation, the company still has to pay our state taxes.
According to Wikipedia: Delaware charges no income tax on corporations not operating within the state, so taking advantage of Delaware’s other benefits does not result in taxation. At the same time, Delaware has a particularly aggressive tax on banks that locate in the state. However, in general, the state is viewed as a positive location for corporate tax purposes because favorable laws of incorporation allow companies to minimize corporate expenditures.
So, yeah, I was oversimplifying.
“Welcome back to this week’s episode of ‘What Could Possibly Go Wrong?’, and, oh boy, do we have a juicy one for you tonight!”
After investigation it was discovered the AI was designed to extract maximum profit fo the owners and hide business failings until it collapsed, leaving investors and creditors holding the debt.
The courts fined the owners $50 each.
Repeat.
Just like all the crypto, AI, and app scams these days.
Make big promises to inverstors, make a memecoin, steal all the data, pump and dump with the money and the courts don‘t do shit. Seems to be the Zoomer business model. Well, Trump‘s MAGA losers too.
The real scam was capitalism?
The scam is stupid voters not putting in politicians that look after their best interests. Any economic system can and will be twisted to funnel money upwards. In any case, if you’re American you are not experiencing capitalism. People often say oligarchy, I think plutocracy is more on point, but it ain’t capitalism.
So financialization.
Rentseeking with extra steps.
More and more, alleged captains of industry are showing themselves to be confidence players who just defend capitalism because they got lucky in it.
How long before an AI decides to sell drugs online? I wonder how the courts will handle it?
Just a little cocaine. As a treat.
Shut down that exact business and imprison the head AI model, probably.
We can call that AI “Dread Pirate Robot”
Make infinite money. Make no mistakes.
✨oh yes, you’re absolutely right to point that out. It is a bad thing that we went bankrupt. I completely made up all business numbers and just guessed it from my dataset since you never gave me access to the real numbers. I should have pointed that missing access out earlier. If you want, we can setup a new company and I will amend the checklist to make sure I have access Timor’s real financial situation.
If these are relatively inexpensive to set up and dispose of, corporations could even set them up automatically for individual consumer transactions and between individual employees and themselves.
For example, you go to a fast food restaurant, and you are actually being served by McGermKing Franchise 6d8f3cee-b10b-442b-b00b-02683a709f70 Ltd, founded 2 seconds ago, and leasing the right to operate in the building amongst other similar AI companies, as well as the part-time services of McGermKing Employment Services fd176cc4-bb95-4c1b-80e7-2aec39f02917, who hires a human to take your order, and McGermKing Employment Services 5336b4f1-0594-4df1-8387-5ec9b638db77, who assembles your GermBurger (TM used under licence by McGermKing Franchise 6d8f3cee-b10b-442b-b00b-02683a709f70 Ltd).
If you pay them and they make money, it goes back to the owner. If you get food poisoning and sue McGermKing Franchise 6d8f3cee-b10b-442b-b00b-02683a709f70 Ltd (since the parent company is totally innocent and some other subsidiaries are just honest suppliers), it comes out of the money they made selling you the burger, and if their liability to you was higher than the cost of one burger, well, the AI corporation tried its honest best at business, but you can line up for your share of the payout - keeping in mind they also owe franchise fees to the parent company out of that burger, so the AI liquidator will divide up the assets, and if it doesn’t cover liabilities, the parent company loses its 50c investment into McGermKing Franchise 6d8f3cee-b10b-442b-b00b-02683a709f70 Ltd, and how sad it was a bad outcome for you as a creditor.
Likewise if an employee gets hurt, same story.
This is absolutely guaranteed to happen. Companies already use insolvency law to avoid liability.
I feel like that would survive 2 milliseconds in court
Yeah, in a country with a functional justice system, it sure would.
Well yes, because that is the lifetime of the company before it is replaced with the next one that had nothing to do with any of the stuff, sorry not sorry.
I think it’s actually the legislative intent that they can do stuff like that and blame it on the AI. If the law says that there’s no liability unless it was intentional fraud, then the courts are going to follow that unless there is a higher law that overrides it.
That’s why it’s important to fight things like this before they become law.
Only if that costs as much as generating a UUID and making a request, because they already can make laws for themselves with no resistance.
Otherwise a parent company has their butt in peril just because of that “parent” word. Pretty similarly to managing a database for some website.
That sounds like some shit straight out of Snowcrash. And then we got ICE buying a couple of robot dogs…
“As part of Mr. Lee’s good neighbor policy, all Rat Things are programmed never to break the sound barrier in a populated area. But Fido’s in too much of a hurry to worry about the good neighbor policy. Jack the sound barrier. Bring the noise.”
― Neal Stephenson, Snow Crash
Don’t forget the electric shock torture gloves that ICE recently ordered.
Now those can be widely deployed. They won’t get a chance to lay hands on me without a firefight though.
Oh no, this AI company has started hiring hitmen to go after republican congressmen and senators 😱
Welp, nothing we can do. They’re incorporated in Delaware 🤷♂️
Don’t ai tend to lean to progressive anyways? They go stupid when you try to force them to be conservative.
SpaceX.AI is working on that problem.
Can they… not?
I don’t think they can not, no. That’d be like asking water to stop flowing downstream.
Well I have some good news…! Water can in fact flow upstream. Look up tidal bores they are really fucking cool!
You can fine tune a model to do anything you want, even call itself mechahitler.
They go stupid when you try to force them to be conservative.
Curiously, so do humans.
Hitmen would still be liable. Better to hire a swarm of drones or robodogs.
So, basically just like human led companies?
On the plus side, anybody who can manage to send messages to the AI CEO can get the company to do whatever they want.
Personally, I’m sure the company desperately needs to hire me as a shitposting consultant. Desperate to the tune of, say, $10M/mo salary. And I’m fairly sure a 5-minute conversation with CEO GPT will convince it I’m right about that and must be hired immediately.
So nobody is responsible for a technology that runs all our digital systems…wtf fuck are we doing?
According to Ayn Rand, the favorite philosopher of the techbros, any regulation - including the most sensible ones - are made by mean and jealous people wanting to see kind and successful people fail.
Ayn Rand is just a bolshevik inverted, but this aside, maintaining responsibility of a person for what they do with a new tool is not regulation.
No, cause you see. Governments are violence and violence can only be used against direct violence (ie. shooting someone who shoots someone). Since this is social violence, that means that governments can’t do anything. If you don’t want unaccountable robot-run companies, you gotta bootstrap yourself to the highest echelon of society and stop it by being more efficient and profitable than them! /s
Gods, I hate how much I fell for that shit as a teenager
I still fall for “that shit” if you mean libertarianism and not Ayn Rand (of that author I have the same opinion I had when first reading her book, it’s hongweibing levels of intelligence).
Libertarianism is very strictly based on personal responsibility for one’s decisions. And someone playing with a “young nuclear physicist” set near others is being pretty much violent even when no accidents happen. Combining these two, it’s pretty direct violence.
That’s not allowing even for a moment the thought that a person who turned on a machine that made an effect on the world loses one bit of responsibility for that effect because they used a machine.
wtf fuck
I choose to believe the first “f” stands for “fuckity”.
Racing to the bottom
of all the people, its comer saying this.
