It's because it's a prisoners dillema. If they do it and other companies don't, they are at a disadvantage. The only way to get proper behavior is to have the government force companies to behave.

[–] theneverfox@pawb.social 3 points 6 months ago

Exactly... And ultimately they are beholden to shareholders. Which are largely in it for the stock price, not the dividends - they want numbers to go up, and they don't care if it crashes the company in a few years when they're no longer holding the bag

Money today is worth more than money tomorrow. With enough data and analysis, riding companies into the ground is the optimal way to make money