alt Hacker NewsYour logic doesn't hold up well to simple escalation logic.
Company A founds itself on doing 0 harm to Area X. Competitor B shows up and starts finding success doing 10 harm to Area X, so Company A makes a "moral" decision: If we do 9 harm to Area X, we are preventing 1 entire harm. Isn't that real value? then Company C shows up and starts finding success doing 100 harm to Area X, so Company A changes it's moral stance to "unless we do 99 harm to Area X ..."
I know an old lady who swallowed a fly kind of logic going on here.
I mean, your proposed logic seems to be quite consistent from a basic game theory perspective. Defecting in a prisoners dilemma and races to the bottom are both well observed phenomena.