And when that company commits a crime, it should be punished and its stock should lose value.
It seems like you're arguing that shareholders should reap rewards for actions that a company takes but be shielded from negative financial repercussions that result from criminal actions it takes.
This creates a moral hazard similar to to the "too big to fail" situation of banks. It incentivizes risky and potentially criminal behavior because ownership is able to capture the value of any upside and is shielded from the downsides of the behavior.
> "This 'Skinnerism' has been discredited in cognitive psychology decades ago and makes absolutely no biological sense whatsoever for the simple reason that any organism trying to adapt in this way will be eaten by predators before minimizing its "error function" sufficiently."
> "Living learning organisms have limited resources (energy and time), and they cut the search space drastically through shortcuts and heuristics and hardcoded biases instead of doing some kind of brute force optimization."
But those heuristics and hardcoded biases were developed through brute force optimization over the course of billions of years, a massive amount of energy input and many organisms being devoured.
Given the relationship the current US administration has with Russia, it seems like Facebook would be a less welcome alternative for a pro-democracy Belarusian protestor.
It's currently a good predictor (socio-economic clustering) but it's less causal (find the right buddy -> immediately become wealthy).
It's objectionable because it introduces yet another mechanism for dramatically increasing inequality and economic stratification while also making capital markets more corrupt and less efficient, which undermines core aspects of our economic system.
General intelligence in its biological form was achieved with hundreds of millions of years evolution, which required the "evaluation" of trillions and trillions of instantiations of nervous systems. The total energy consumption of all those individual organisms was many many orders of magnitude more than all of the energy that has been produced by the entirety of humanity.
You think his marketing team randomly chose from a selection of polygons to run as the primary image on a national ad campaign? The Trump administration loves their dog whistles.
I have an immediate family member with rheumatoid arthritis who struggled to fill their prescription through Kaiser because of this as well. It caused a lot of stress in my family. If they were unable to fill their prescription and had complications as a result, they may have needed to go to the hospital, which is not something you want to in the middle of a pandemic when you have an autoimmune disease...
I know someone who submits PRs to large open source projects at the beginning of the year to update forgotten copyright values in their codebases in order to get listed as a contributor on github. It's a bit tongue in cheek but on first glance their open source contributions look pretty impressive...
It seems like you're arguing that shareholders should reap rewards for actions that a company takes but be shielded from negative financial repercussions that result from criminal actions it takes.
This creates a moral hazard similar to to the "too big to fail" situation of banks. It incentivizes risky and potentially criminal behavior because ownership is able to capture the value of any upside and is shielded from the downsides of the behavior.