Thread

1. glimshe · 1790712211 · focus · HN ↗

   Should we blame this on memory companies or the AI companies bidding for memory? How should the memory companies have acted differently?

   1. SlightlyLeftPad · 1790712485 · focus · HN ↗

      For one, they could have could have not massively scaled back consumer memory manufacturing as a matter of duty to customers. But money and greed must prevail.

      1. Cyan488 · 1790713853 · focus · HN ↗

         Isn't it the case that public companies owe a primary legal/fiduciary duty to shareholders over customers?

         The question of choice between a profitable vs unprofitable venture is easy. But yeah, to what extent is choosing profitable instead of VERY profitable a breach of duty to shareholders?

         1. micromacrofoot · 1790714420 · focus · HN ↗

            fiduciary duty doesn't mean you always have to do what makes the maximum profit

            avoiding the destruction of good faith with consumers is a legitimate business interest

            1. pessimizer · 1790716038 · focus · HN ↗

               Good faith with customers also has a monetary value, even if it is hard to calculate. This is still maximizing profits.

               1. [deleted] · 1790729577 · focus · HN ↗

                  [deleted]

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