Limited Liability Corporation is Dead, Long Live Responsible Ownership

Limited liability corporation has been a successful business structure that has many strengths. Now we have an economic system where a single platform is needed to manage trust-relations in the entire sector – think Airbnb or even Hotels.com for the hotel business. Companies affect to our democratic systems and dictate common person’s access to media. Can they longer exist as companies with only limited liabilities?

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It’s not enough to develop technology – If we want to benefit new technology, we need to shape the societal institutions

Technology is developed simultaneously in different contexts, including virtual reality, artificial intelligence, robotisation, nanomaterials, and energy technology. All these developments have potentially significant social consequences, as digital platforms displace traditional companies, computers displace humans, and new devices displace traditional channels of communication.

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