this post was submitted on 24 Feb 2025
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Agreed, but at least Bluesky is a public benefit corporation, so it supposed to take in the needs of society as well as profit in its decision-making. That may not be much, but it's a start.
I'm not familiar with the details of that, but it seems like more of a red herring to me. A form of controlled opposition to divert people away from truly revolutionary platforms.
Of course it has to seem like a plausible alternative, but is it actually decentralized or altruistic enough to make a meaningful difference? I think not.
"Public benefit corporation" is such an oxymoron, I know it's cliché to say this but it reads like something out of 1984.
If your goal is truly to benefit the public, why wouldn't you start a non-profit? It's because they want profits, which will always be at odds with the interests of the public.
"Public benefit corporation" is a meaningless designation. All it means is they have the option of putting their mission over their shareholders, not that they are obligated to do so.