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fookertoday at 2:50 AM2 repliesview on HN

I understand your sarcasm but that’s what the limited in LLC is for.

Unbounded liability means nobody starts a business, or they do it under the table without responsibility or taxes.

Turns out we want successful private businesses much more than we want to hold a few nasty CEOs accountable.


Replies

valleyertoday at 2:51 AM

I agree. I just thought it was funny that someone was pointing out the legal unaccountability of an AI in this context.

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nradovtoday at 3:15 AM

LLCs and other corporate structures only (mostly) protect employees and shareholders from civil judgments. CEOs and other executives are also at risk of criminal penalties for Sarbanes-Oxley (SOX) violations and similar. Actual criminal prosecutions of CEOs have been few, but not zero.

https://archives.fbi.gov/archives/oklahomacity/press-release...

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