alt Hacker NewsI don't think this is any corporate conspiracy. The truth is probably more mundane: regulation is treated as obstacle to navigate around with minimal amount of effort, and not a reason to give up on practices that makes money.
I don't think this is any corporate conspiracy. The truth is probably more mundane: regulation is treated as obstacle to navigate around with minimal amount of effort, and not a reason to give up on practices that makes money.
A system that leads to bad outcomes is a bad system.
When your system favors people into power that abuse that position instead of furthering the public interest, that provides a feedback signal leading to ever worse people and outcomes.
There is no need for a "conspiracy" to get to a point where it looks like one.