Which is why “Not for profit” organisations are such a good thing. They are harder to get going but because they are not investment vehicles in the same way you don’t have CEOs installed just to maximise share value. Decisions are focused on what the company needs to perform its mission.
The American Healthcare system fully disagrees with your statement, as they actively exploit non-profit status to avoid taxes and squeeze any “profits” into bonuses for the people at the top. They aren’t even the only industry doing this, but it all boils down to a piss poor lack of regulation and enforcement that really lets companies exploit non-profit structures.
Certainly things can be open to abuse, and different regulatory systems have different loop holes. However I have seen examples where it’s been a good thing.
It was always going to be this way. It didn’t take long to see the signs of enshittification on BSky. They were subpoenaed for user info, they banned journalists, implemented age verification, and I left when they started adding link redirects and tracking.
That’s all the talk so far? It feels like a bad sign to me when power starts moving from the true believers to the VCs.
Which is why “Not for profit” organisations are such a good thing. They are harder to get going but because they are not investment vehicles in the same way you don’t have CEOs installed just to maximise share value. Decisions are focused on what the company needs to perform its mission.
The American Healthcare system fully disagrees with your statement, as they actively exploit non-profit status to avoid taxes and squeeze any “profits” into bonuses for the people at the top. They aren’t even the only industry doing this, but it all boils down to a piss poor lack of regulation and enforcement that really lets companies exploit non-profit structures.
USAmerica is just corrupt country that non-profit is just a way to avoid taxes.
Most of parts of the world won’t let non-profit to be turned that way.
Certainly things can be open to abuse, and different regulatory systems have different loop holes. However I have seen examples where it’s been a good thing.
It was always going to be this way. It didn’t take long to see the signs of enshittification on BSky. They were subpoenaed for user info, they banned journalists, implemented age verification, and I left when they started adding link redirects and tracking.
They banned journalists? Who?
And I didn’t know about the redirects and tracking either. They are doing that without ads?
https://fediversereport.com/bluesky-censorship-and-country-based-moderation/
Don’t take my word for it. Try it for yourself. Open any link and the link you clicked is hijacked back to a BSky domain.