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Comment by null_investor | Hacker News Reader

Apple is dominated by ruthless managers and is an evil corporation. I'm not surprised.

Imagine if you happen to be a neighbor and a disaster happens in the fab. That's just nuts.

All publicly traded companies with a fiduciary responsibility to their shareholders will always externalize any cost they can. The problem is bigger than Apple.

I don’t know. As a shareholder it sounds like the dumbest move ever. In what universe would it make sense to have a fab so close to an appartment building and vent toxic gas. It’s a PR disaster waiting to happen. Whatever savings you make by avoiding regulation you pay back in fines and reputation damages.

What is it they saved here? Could they not fab this in a less populated area and just follow a few more regulations. We’re not talking about a company with razor thin margins. They spent outrageous amounts of money building the spaceship HQ.

I genuinely want to understand if this is stupidity or if there’s really a profit incentive that makes “fiduciary” sense.

What reputational damage? I follow tech news very closely and it’s the first I’ve heard of it. A listed corporation’s first instinct (unless it has a conscientious board) is always to try their luck and see what they get away with. You don’t make profits by doing anything other than the absolute legal minimum, and that’s only if someone enforces those rules. Listed companies have proven they cannot be trusted to self regulate, never ever

I wish there was a ruling that publicly traded companies' fiduciary responsibility includes public health.

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