• BooBees@fedinsfw.app
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    5 days ago

    Because the top ai companies want to be able to write the legislation to their advantage to stifle competition, grandfather in bad shit they’ve been doing, to avoid payouts, and to ensure no startups can do what they did. Boom, the big few have a strangle hold and their economy has a chance at not collapsing, or at least they have a better shot at controlling it than if there’s more competition and someone else writing regulations.

    • Ann Archy@lemmy.world
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      5 days ago

      Capitalism is fundamentally incompatible with democracy. If money is power, and it is, it supersedes democratic institutions and are therefore a system of government, not some neutral model of resource distribution.

      • Fizz@lemmy.nz
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        5 days ago

        Its not a given that money will supersede democratic institutions. If the population can’t protect their institutions then the democracy has failed. Its a failure of civics more than a success of money.

        • Ann Archy@lemmy.world
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          4 days ago

          It is, in my meaning, a given over time. What you are talking about is the democratic institutions defending themselves from capitalism by reigning it in.

          Meaning, capitalism unfettered supersedes democracy. Over time.

          Failure to address that problem is not a failure of democratic institutions as matter of moral failure, just that yes, if we allow capitalism to run unimpeded it will always lead to fascism. Democracy can but try to save itself but while it is contingent on a moral and equitable basis of government, capitalism is just a cancer that promotes private power over collective, by the nature of its beast. And it is very alluring because not only does it reward you with riches and comforts, it also suggests a moral incentive, in which if you are successful within the system you are judged as a moral person as well.

          That’s gamified immorality.