Jesse

@jessemerle.bsky.social

Lawyer who likes stakeholder governance and wants to help people understand corporate law. In house. On boards. Use to teach at Berkeley Law School.

Yes!👇 “AI is a product that they are selling. They are not the stewards of an inevitable technology. They are building products according to business plans and trying to sell them. They need to act like consumer product companies. We need to demand that they act like consumer product companies.”

Ed Zitron@edzitron.com · 2mo ago

Had @author-calnewport.bsky.social on Better Offline to talk about AI companies “doom-trolling” consumers using scary stories about conscious computers, and how we need to make fun of those leading the scare-mongering. podcasts.apple.com/us/podcast/b... Linktr.ee/betteroffline

Not to be confused with universal ownership - the idea that some investors are so big/diversified that their value is derived not from individual company positions but from the overall economy, which thus obligates them to prohibit portcos from externalizing costs onto other businesses and public.

Jake Grumbach@jakemgrumbach.bsky.social · 2mo ago

My new theory paper (early draft) A new reason why concentrated wealth destroys democracy: common ownership A standalone media owner maximizes profit. A common owner like Musk (who owns X + SpaceX) will run the media firm at a loss to increase the $ of his total portfolio tinyurl.com/mcekr7cd

It is long past time to explain that immigration courts are not independent because they are not part of the judicial branch, but are located within the executive branch. This becomes immensely clear when lawyers are able to move to circuit courts for appeals.

Austin Kocher, PhD@austinkocher.com · 2mo ago

8 immigration judges fired this year have sued over terminations they call discriminatory and unexplained. When removal-case judges can be fired at will, the court's independence is in doubt. See the data here: austinkocher.substack.com/p/this-week-...

Also - I know it might seem like a trivial issue, but we don’t know how fiduciary duties work for PBCs. There are fundamental open questions about how the governing bodies of these companies make decisions, from the officers to the directors, and ultimately even the stockholders.

Garrison Lovely@garrisonlovely.bsky.social · 2mo ago

Now that the stakes have ratcheted up, sr govt people are properly engaging for the first time with things that AI people take for granted—the models are blackboxes, there is no universal defense against jailbreaks—and going 'what the actual fuck?? this is unacceptable.'