Earlier quoted context omitted.
Corporations are indeed a difficult alignment problem, as anyone who has tried to design an incentive scheme eventually realizes. But corporations are still composed of humans, beholden (if only loosely) to human values, limited (if loosely) by human intelligence, and are not very well-coordinated decisionmakers with coherent goals.
> Corporations are indeed a difficult alignment problem No, it's a very easy alignment problem: just impose a tax on size . That which you tax, you get less of. The tax is revenue-neutral, so it doesn't affect the government budget one way or the other. Full details here: https://news.ycombinator.com/item?id=39235533 https://news.ycombinator.com/item?id=39236786 The problem is that the government likes gigantic corpo…
That's a very bad idea when you're dealing with small to medium companies. You're taxing economies of scale and innovation. That's a huge problem in my country. There's no tax per se, but many regulations that trigger with certain size. Guess what happens.
For medium to big companies is calling for loopholes and cartels.