Literally nothing. A corporation, especially a publicly traded one like that, can’t do much but maximize (ideally long-term, but usually short-term) shareholder returns.
The Activision-Microsoft merger is a good recent example of this. During the anti trust trial, the CEO of Activision literally came out and said that he believes it’s a bad idea that will be bad for the industry and bad for the company in the long term, using the impact of consolidation in Hollywood as an example, but he has to side with the board. He’s basically legally obligated to.
I’m not saying it’s unjust or a bad system (and I’m definitely not trying to paint Bobby Kotick as a good guy), I just want to point out that corporations are very simple in their purpose, and nobody should be expecting anything more from them. If you’re disappointed that Google made this 180, that’s on you for falling in love with a corporation. They’re useful tools for producing goods and services, but terrible as a political tool for democracy.
But for some reason, it became popular to fetishize tech companies, and that spawned megalomaniacs like Elon, Zuckerberg, Horowitz, Thiel, etc who feel like they should be the supreme rulers of our civilization.
Literally nothing. A corporation, especially a publicly traded one like that, can’t do much but maximize (ideally long-term, but usually short-term) shareholder returns.
The Activision-Microsoft merger is a good recent example of this. During the anti trust trial, the CEO of Activision literally came out and said that he believes it’s a bad idea that will be bad for the industry and bad for the company in the long term, using the impact of consolidation in Hollywood as an example, but he has to side with the board. He’s basically legally obligated to.
I’m not saying it’s unjust or a bad system (and I’m definitely not trying to paint Bobby Kotick as a good guy), I just want to point out that corporations are very simple in their purpose, and nobody should be expecting anything more from them. If you’re disappointed that Google made this 180, that’s on you for falling in love with a corporation. They’re useful tools for producing goods and services, but terrible as a political tool for democracy.
But for some reason, it became popular to fetishize tech companies, and that spawned megalomaniacs like Elon, Zuckerberg, Horowitz, Thiel, etc who feel like they should be the supreme rulers of our civilization.