Re:YouTube rolls out new tools to help you stop watching
by mulmen on Friday May 11, 2018 @03:28PM
(#17050189)
I disagree with you at a philosophical level. Companies exist to satisfy demand and earn a profit. The benefit to our capitalist democratic system is that the people in power both commercially and politically are beholden to the demands of the people. We define morality in terms of demand. That can happen through legislation or through personal accountability. The public brain trust remains in control, this protects us from the ultimate danger, a well-intentioned yet myopic autocrat.
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Re:YouTube rolls out new tools to help you stop watching
by dredmorbius on Friday May 11, 2018 @03:34PM
(#17050242)
So long as rent-seeking and externalities exist, "profit" is by no means aligned with increasing common weal.
Re:YouTube rolls out new tools to help you stop watching
by mulmen on Friday May 11, 2018 @05:52PM
(#17051026)
I should have been more clear in my original comment. I have no opposition to regulation and consider it a crucial part of any capitalist system. I disagree with the idea that companies should be expected to make these moral value judgements themselves.
Re:YouTube rolls out new tools to help you stop watching
by dredmorbius on Friday May 11, 2018 @06:23PM
(#17051158)
Gresham's Law details why a regulatory framework, rather than voluntary action, is required.
That firms are able to dismantle, oppose, co-opt, or avoid such frameworks is very much part of the problem.
I'd like to see vast changes in liability and increased veil-piercing abilities.