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Joined 1 year ago
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Cake day: June 10th, 2023

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  • I think it is naive to think that only selfless and competent people will take the role then. If properly competent you’d see the massive risk of jail and be highly discouraged to take the position. Noone in their right mind would risk jailtime for a job position.

    On the other hand, billionaires, risktakers and gamblers would be more than willing to take such a role for the power it gives. They don’t really care since billionaires manage their risks with all the money they have, and risktakers and gamblers simply just dont care about it untill it hits them.

    So it solves nothing



  • Just to play Devils advokat here: Wouldn’t that just completely discourage anyone from taking up a new CEO or similar role since you are now liable for some illegal activities that might have happened without your knowledge and long time ago.

    You would at least need very good evidence beyond reasonable doubt that the person in question actively put into motion the illegal activity and knew that it was illegal.

    Placing blame on a single individual might feel satisfying but does not nessesarly punish the correct responsible. When cooperations get as large as Nvidia, Intel etc. it functions in my opinion like one giant complex organism and legal issues like these are often systemic and involves hundreds of people who took decisions.

    I think massive and progressive fines are in fact a good tool because it punishes the “organism” that is truly to blame and not an individual who might be to blame.