> They had the technology to create a monster, but don’t have the technology to stop it.
At first I was going to argue that they could stop it and that they did have the "technology" to do so, but the more I thought about it the more I concluded that in the system we have built, they really cannot. Profitable ideas are unstoppable until they are proved less profitable than some other idea, or regulated out of existence. Fiduciary duty enshrines this into law. Sufficient competition ensures that it is the only winning strategy.
At first I was going to argue that they could stop it and that they did have the "technology" to do so, but the more I thought about it the more I concluded that in the system we have built, they really cannot. Profitable ideas are unstoppable until they are proved less profitable than some other idea, or regulated out of existence. Fiduciary duty enshrines this into law. Sufficient competition ensures that it is the only winning strategy.
Obligatory SSC: https://slatestarcodex.com/2014/07/30/meditations-on-moloch/