this post was submitted on 06 Mar 2024
313 points (97.3% liked)

Technology

59589 readers
2891 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

The reproduced messages follow a starkly different point of view Musk represented last week, when he sued OpenAI, CEO Sam Altman and President Greg Brockman, alleging breach of contract and unfair competition.

you are viewing a single comment's thread
view the rest of the comments
[–] STOMPYI@lemmy.world 19 points 8 months ago (1 children)

Never let anyone try and tell you otherwise. 100% Imagine having everything to keep you alive and still wanting to take more.

[–] NotMyOldRedditName@lemmy.world -4 points 8 months ago* (last edited 8 months ago) (1 children)

The way companies and ownership work that's actually quite possible and reasonable.

The count of shares you have represent how much control you have over a company.

If you own a company private or public that does well and you want to retain control of it, you need to own at least over 50% of the voting rights.

Wanting to control your company isn't that outlandish a desire. There have been plenty of stories of people getting ousted over the years.

Simply owning a company that does well could result in you becoming a billionaire.

And I'm not arguing against what the other poster said, to get to that point there's gotta be some level of ruthlessness, disregard for others etc.

Just that there is actually a reason to desire more even if you have all your needs met. Being rich shouldn't mean you have to give up control, and its really hard to change corporate structure once public.

Facebook for example is set up where Zuckerberg has >50% voting rights. Is that bad? Probably. But it's his company, and I don't fault him for wanting to keep it that way.

Edit: and yes I'm aware of Zucks fuckery to get / maintain that share and his co-founders

[–] STOMPYI@lemmy.world 14 points 8 months ago (1 children)

all billionaires have some form of sociopathy and lack of empathy