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zeynep's profile
zeynep tufekci
zeynep tufekci
zeynep tufekci
Verified account
@zeynep

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zeynep tufekciVerified account

@zeynep

Complex systems, wicked problems. Society, technology, science and more. @UNC professor. @NYTimes columnist. My newsletter is @insight: http://www.theinsight.org 

floating in a most peculiar way
theinsight.org
Joined August 2009

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    1. Jake Hamby  💾‏ @jhamby 26 Mar 2017
      Replying to @jhamby

      .@JimPharo @zeynep @jricole Silicon Valley companies are some of the worst offenders at offshoring 100s of billions of dollars in profits.

      1 reply 0 retweets 0 likes
    2. Jake Hamby  💾‏ @jhamby 26 Mar 2017
      Replying to @jhamby

      .@JimPharo @zeynep @jricole And they're uninterested in employment, other than what's needed to support their own individual business plans.

      1 reply 0 retweets 0 likes
    3. Andrew Brinton‏ @abrinton 26 Mar 2017
      Replying to @jhamby @JimPharo and

      how is that different than any other business?

      1 reply 0 retweets 1 like
    4. Jake Hamby  💾‏ @jhamby 27 Mar 2017
      Replying to @abrinton @JimPharo and

      it's not. All businesses have a fiduciary duty to be sociopathic. It's why we have so many problems.

      1 reply 0 retweets 0 likes
    5. Jake Hamby  💾‏ @jhamby 27 Mar 2017
      Replying to @jhamby

      .@abrinton @JimPharo @zeynep @jricole the exception are "benefit corporations" (B corps), which include positive impact on society as goals.

      1 reply 0 retweets 1 like
    6. Jake Hamby  💾‏ @jhamby 27 Mar 2017
      Replying to @jhamby

      .@abrinton @JimPharo @zeynep @jricole needless to say, I don't know of any tech companies chartered as B corps. They're all C corporations.

      1 reply 0 retweets 1 like
    7. zeynep tufekci‏Verified account @zeynep 27 Mar 2017
      Replying to @jhamby

      . @jhamby @abrinton @JimPharo @jricole Corporations DO NOT have a "fiduciary duty to be sociopathic"; see: https://medium.com/bull-market/there-is-no-effective-fiduciary-duty-to-maximize-profits-939ae50d0572#.7ok9m9h9m …

      2 replies 10 retweets 32 likes
    8. zeynep tufekci‏Verified account @zeynep 27 Mar 2017
      Replying to @zeynep

      .@jhamby @abrinton @JimPharo @jricole Corporations make choices; absolutely no fiduciary duty that compels using off-shore accounts to max.

      1 reply 6 retweets 14 likes
    9. Jake Hamby  💾‏ @jhamby 27 Mar 2017
      Replying to @zeynep

      .@zeynep @abrinton @JimPharo @jricole All I know is that when I worked at Google, Eric Schmidt & others always claimed that there is a duty.

      1 reply 0 retweets 0 likes
    10. Jake Hamby  💾‏ @jhamby 27 Mar 2017
      Replying to @jhamby

      .@zeynep @abrinton @JimPharo @jricole the claim is that as corporate executives, they are required to maximize profits for the shareholders.

      2 replies 0 retweets 0 likes
      zeynep tufekci‏Verified account @zeynep 27 Mar 2017
      Replying to @jhamby @abrinton and

      That is an excuse. You can even see through it. Maximize when? Now? 10 years? Is everything okay?

      11:02 AM - 27 Mar 2017
      • 1 Like
      • Jake Hamby 💾
      1 reply 0 retweets 1 like
        1. New conversation
        2. zeynep tufekci‏Verified account @zeynep 27 Mar 2017
          Replying to @zeynep @jhamby and

          They are free to define long-term benefit; all acts are a choice and they hide behind alleged duty.

          1 reply 0 retweets 2 likes
        3. Andrew Brinton‏ @abrinton 27 Mar 2017
          Replying to @zeynep @jhamby

          there are two major issues imho. First is that absentee ownership abstracts cost to human beings in the drive for profit.

          1 reply 0 retweets 0 likes
        4. Show replies

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