alt Hacker NewsThanks I'm also familiar with the history and have written papers etc. Things have improved rapidly with increased adoption of limited liability. It would be stupid to turn back the clock and throw away all of the benefits because of a few isolated minor problems.
Stop being a dick and calling ideas stupid and attacking me rather than the argument.
I didn’t say roll back limited liability on every industry, I said specifically and limitedly for frontier AI labs because they present more risk of harm and are demonstrating they aren’t managing that responsibility.
The 2008 financial crisis was caused in large part by bankers that openly talked about the fact that securitization of mortgages and the lack of partnership liabilities meant that they didn’t have any risk to the firm or themselves. The AI labs are behaving similarly.