Re:Do People Hate the Tech Industry Now?
by dragonwriter on Wednesday March 15, 2023 @11:31PM
(#35177818)
> The most successful tech companies all drive negative social impact.
A positive social impact — that is, a net positive externality — is created value that hasn’t been captured. From a corporate perspective, that is waste. A negative social impact — a net negative externality — is a cost that has been passed off to other people. Eliminating the former in favor of the latter is the natural incentive of any business.
A positive social impact — that is, a net positive externality — is created value that hasn’t been captured. From a corporate perspective, that is waste. A negative social impact — a net negative externality — is a cost that has been passed off to other people. Eliminating the former in favor of the latter is the natural incentive of any business.