2026-05-11 22:14 UTC
Technoligarchs have successfully convinced politicians and corporate execs to gamble other people's money on #AI for one reason: negative externalities are totally absent from corporate accounting.
Back in early 20s, when people took #ClimateChange seriously for a brief second, corps felt the wind change and put all their weight toward convincing regulators that they did not need regulation, and would just do better on their own…
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@deivudesu@mastodon.social 2026-05-11 22:23
So, instead of simple and massively effective measures, like billing companies [a fraction of their profits] for the impact their activity had on climate, resources, the environment etc., we took their word that they would "voluntarily" fix it. Cue lots of "Carbon Neutral by 2050™" and "OilBurning Corp is proud to introduce their new Head of ESG, who will oversee our coffee pod recycling programme!"… Guess what happened to these when the political wind changed again? 3/