Stop asking the market to look after collective interest. This is the job of the government. The ultimate effect of virtue wanking CEOs and corporate governance is to deceive people into thinking democracy is something that can be achieved by for profit organizations and that they can forsake the formal binding of collective interest through law. It's nice if people are nice but it is not a bulwark of the collective…
Will the act on AI? Yeah, probably. Will it smell of crony capitalism? Yes, absolutely.