1. United States
2. Ore.
3. Letter

Under “Corporate Personhood’ we have corporate boards hiring sociopaths to lead them, focusing on short term profits and cash extraction at any cost. In some cases getting caught committing crimes in service of “shareholder value” and personal profit. Extractive and surveillance capitalism become the primary drivers. When these outright crimes, and dubious technically legal fraud like activities, come to light these organizations are considered “too big to fail”. Although profits were privatized all the risk becomes public and taxpayers are expected to bail out these badly/criminally run enterprises. It looks like the game of “pass the billions” underpinning AI companies is about end. This time most of the collapsing companies have never made a profit; the one profitable business handing out cash had an inflated valuation based on fraud, treason, and contracts for chips that can’t be produced (lack of fab capacity) and can’t be used ( no data centers to land systems using these chips). Except of course for the chips being illegally routed to China. The rules were changed on Wall Street to allow AI companies (that are not profitable) to be listed faster, pushing risk onto retirement funds. If Corporations are people they must be held responsible for their negligent and criminal actions as any person would be. Because an entire organization cannot be imprisoned, if they fail to the point of expecting a public bailout, they need to be delisted and become a government run entity or allowed to collapse under the weight of its own ruin and the Board, C-Suite, and other responsible individuals fined for malfeasance. Please do everything possible to support investigations into these companies for criminal and fraudulent activity and hold them accountable. Don’t leave taxpayers and target fund investors holding the bag.