Comment Re:AI is not the problem. (Score 1) 213
I think it's time we start denying rights to businesses and transfer them to citizens.
Only businesses must pay taxes, citizens should be tax free. Businesses must not be allowed to own homes. Citizens are.
Modern businesses are cross country realities that escape state control and regulations. For the modern business, countries are just consumer pools. They don't give a fuck if they drain you dry, because they'll just sell to someone else and by the time that happens, the CEO will have retired anyway.
Businesses also are no longer about selling a good product, which is evaluated by the consumer, but selling good shares, which is evaluated by stakeholders. So the value of a company is no longer in the value of the product it sells, but in the illusion that this product is disruptive. Investors pour money in, under the assumption that it will be, and when the market crashes and the company goes bankrupt, the C suites are laughing from their yachts in international waters.