Only some liabilities. Mainly debt -- so people would not be afraid to start businesses and borrow money. But if, say, an accountant produces an incorrect report -- they may personally go to jail. Or an HR or information security officer can be accused of negligence.
Sometimes it even works the other way, a person (usually Officer) can be personally responsible for company actions, even when they didn't commit it themselves. Logic is they should've known or implemented processes in a way to prevent it in the first place. People often don't realize how much responsibility officers carry for the actions of their employees they have little control over.
I honestly think this is going to be a big part of what remains when AI is doing everything we currently think of as our work. Legally or morally, some things need a human in the loop.
LOL! The first thing that came to my head was, "I've never had a CEO that shouldn't be in jail. Well, except for the current one. He seems okay. The others committed fraud and deceit at a level that would surely have them on the wrong side of the law, if not in prison.
Kind of stems from every CEO except this latest one has been a. Some sort of mental, and b. some sort of sociopath. We can see this with our big name CEOs of course, but even these small-time CEOs have the same problem. They're lacking something human, but that is also part of what drives them, and keeps them, CEOs, I suspect. It's a job that requires you to not have any qualms about taking a group of people on a ride and then screwing them over for your benefit.
Yea, seen that too. But also seen good CEOs. Go for a smaller company, smaller companies are much more diverse (in both good and bad ways), and it's not hard to find a team with an awesome top management who does not want to screw anyone over.
I love the idea of someone wrting an AI SaaS that does jailtime for you.
Isn’t the main point of having a corporation as a legal entity to replace personal liability with corporate liability?
Only some liabilities. Mainly debt -- so people would not be afraid to start businesses and borrow money. But if, say, an accountant produces an incorrect report -- they may personally go to jail. Or an HR or information security officer can be accused of negligence.
Sometimes it even works the other way, a person (usually Officer) can be personally responsible for company actions, even when they didn't commit it themselves. Logic is they should've known or implemented processes in a way to prevent it in the first place. People often don't realize how much responsibility officers carry for the actions of their employees they have little control over.
Also https://en.wikipedia.org/wiki/Piercing_the_corporate_veil
Corporations cannot replace some regulated liability, for example some types of professional engineers.
I honestly think this is going to be a big part of what remains when AI is doing everything we currently think of as our work. Legally or morally, some things need a human in the loop.
LOL! The first thing that came to my head was, "I've never had a CEO that shouldn't be in jail. Well, except for the current one. He seems okay. The others committed fraud and deceit at a level that would surely have them on the wrong side of the law, if not in prison.
Kind of stems from every CEO except this latest one has been a. Some sort of mental, and b. some sort of sociopath. We can see this with our big name CEOs of course, but even these small-time CEOs have the same problem. They're lacking something human, but that is also part of what drives them, and keeps them, CEOs, I suspect. It's a job that requires you to not have any qualms about taking a group of people on a ride and then screwing them over for your benefit.
Yea, seen that too. But also seen good CEOs. Go for a smaller company, smaller companies are much more diverse (in both good and bad ways), and it's not hard to find a team with an awesome top management who does not want to screw anyone over.