No Result
View All Result
  • Login
Friday, August 7, 2026
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

Billionaire Marc Benioff challenges the AI sector: ‘What’s more important to us, growth or our kids?’

by FeeOnlyNews.com
7 months ago
in Business
Reading Time: 3 mins read
A A
0
Billionaire Marc Benioff challenges the AI sector: ‘What’s more important to us, growth or our kids?’
Share on FacebookShare on TwitterShare on LInkedIn



Imagine it is 1996. You log on to your desktop computer (which took several minutes to start up), listening to the rhythmic screech and hiss of the modem connecting you to the World Wide Web. You navigate to a clunky message board—like AOL or Prodigy—to discuss your favorite hobbies, from Beanie Babies to the newest mixtapes.

At the time, a little-known law called Section 230 of the Communications Safety Act had just been passed. The law—then just a 26-word document—created the modern internet. It was intended to protect “good samaritans” who moderate websites from regulation, placing the responsibility for content on individual users rather than the host company.

Today, the law remains largely the same despite evolutionary leaps in internet technology and pushback from critics, now among them Salesforce CEO Marc Benioff. 

In a conversation at the World Economic Forum in Davos, Switzerland, on Tuesday, titled “Where Can New Growth Come From?” Benioff railed against Section 230, saying the law prevents tech giants from being held accountable for the dangers AI and social media pose.

“Things like Section 230 in the United States need to be reshaped because these tech companies will not be held responsible for the damage that they are basically doing to our families,” Benioff said in the panel conversation which also included Axa CEO Thomas Buberl, Alphabet President Ruth Porat, Emirati government official Khaldoon Khalifa Al Mubarak, and Bloomberg journalist Francine Lacqua.

As a growing number of children in the U.S. log onto AI and social media platforms, Benioff said the legislation threatens the safety of kids and families. The billionaire asked, “What’s more important to us, growth or our kids? What’s more important to us, growth or our families? Or, what’s more important, growth or the fundamental values of our society?”

Section 230 as a shield for tech firms

Tech companies have invoked Section 230 as a legal defense when dealing with issues of user harm, including in the 2019 case Force v. Facebook, where the court ruled the platform wasn’t liable for algorithms that connected members of Hamas after the terrorist organization used the platform to encourage murder in Israel. The law could shield tech companies from liability for harm AI platforms pose, including the production of deepfakes and AI-Generated sexual abuse material.

Benioff has been a vocal critic of Section 230 since 2019 and has repeatedly called for the legislation to be abolished. 

In recent years, Section 230 has come under increasing public scrutiny as both Democrats and Republicans have grown skeptical of the legislation. In 2019 the Department of Justice under President Donald Trump pursued a broad review of Section 230. In May 2020, President Trump signed an Executive Order limiting tech platforms’ immunity after Twitter added fact-checks to his tweets. And in 2023, the U.S. Supreme Court heard Gonzalez v. Google, though, decided it on other grounds, leaving Section 230 intact.

In an interview with Fortune in December 2025, Dartmouth business school professor Scott Anthony voiced concern over the “guardrails” that were—and weren’t—happening with AI. When cars were first invented, he pointed out, it took time for speed limits and driver’s licenses to follow. Now with AI, “we’ve got the technology, we’re figuring out the norms, but the idea of, ‘Hey, let’s just keep our hands off,’ I think it’s just really bad.”

The decision to exempt platforms from liability, Anthony added, “I just think that it’s not been good for the world. And I think we are, unfortunately, making the mistake again with AI.”

For Benioff, the fight to repeal Section 230 is more than a push to regulate tech companies, but a reallocation of priorities toward safety and away from unfettered growth. “In the era of this incredible growth, we’re drunk on the growth,” Benioff said. “Let’s make sure that we use this moment also to remember that we’re also about values as well.”



Source link

Tags: BenioffBillionairechallengesgrowthImportantKidsMarcsectorWhats
ShareTweetShare
Previous Post

Bitcoin’s Most Recent Moves Are Happening Without Retail Participation

Next Post

Bessent says Trump’s pick for the next Fed chair could happen next week

Related Posts

Trump signs order setting 15% tariff, price floors on polysilicon imports (FSLR:NASDAQ)

Trump signs order setting 15% tariff, price floors on polysilicon imports (FSLR:NASDAQ)

by FeeOnlyNews.com
August 6, 2026
0

Aug 06, 2026, 6:56 PM ETFirst Solar, Inc. (FSLR) Stock, TE StockGLW, CSIQ, TAN, SPWR, ENPH, SEDG, RUN, BE, ARRY,...

Asia needs deeper energy markets if it’s going to achieve its AI ambitions

Asia needs deeper energy markets if it’s going to achieve its AI ambitions

by FeeOnlyNews.com
August 6, 2026
0

Asia’s energy security depends on the Strait of Hormuz, a waterway it doesn’t control, and the fallout from the return...

93% of jalapeno salmonella problems came from Mexican restaurants including Chipotle and Qdoba, officials say

93% of jalapeno salmonella problems came from Mexican restaurants including Chipotle and Qdoba, officials say

by FeeOnlyNews.com
August 6, 2026
0

Jalapeño peppers linked to a multistate salmonella outbreak have been traced back to a grower in Sinaloa, Mexico, federal officials say. At...

US stocks: Dow, S&P slip as investors eye Mideast talks, earnings

US stocks: Dow, S&P slip as investors eye Mideast talks, earnings

by FeeOnlyNews.com
August 6, 2026
0

The Dow and S&P 500 indexes closed lower on Thursday, pausing after a strong start to the week, as investors...

Every major Italian city is on heat alert as the drought hits Hungary’s nuclear power

Every major Italian city is on heat alert as the drought hits Hungary’s nuclear power

by FeeOnlyNews.com
August 6, 2026
0

Italy placed all of its major cities under the highest heat alert Thursday as a blistering heat wave gripped Europe, setting a...

India tops world in IPO count, ranks third in fundraising in FY26: SEBI Annual Report

India tops world in IPO count, ranks third in fundraising in FY26: SEBI Annual Report

by FeeOnlyNews.com
August 6, 2026
0

India retained its position as the world's leading market for initial public offerings (IPOs) by number of issues during FY2025-26,...

Next Post
Bessent says Trump’s pick for the next Fed chair could happen next week

Bessent says Trump's pick for the next Fed chair could happen next week

Wall Street’s secret blockchain platform is coming for your dividends and it’s using stablecoins to do it

Wall Street's secret blockchain platform is coming for your dividends and it’s using stablecoins to do it

  • Trending
  • Comments
  • Latest
Coffee Break: Armed Madhouse – From Spy Satellites to Peace Satellites

Coffee Break: Armed Madhouse – From Spy Satellites to Peace Satellites

July 7, 2026
US prosecutors examine LA Dodgers owner Mark Walter-linked insurers – report

US prosecutors examine LA Dodgers owner Mark Walter-linked insurers – report

July 21, 2026
Bond Vet and Small Door Merge to Form One of the Nation’s Largest Premium Veterinary Networks – AlleyWatch

Bond Vet and Small Door Merge to Form One of the Nation’s Largest Premium Veterinary Networks – AlleyWatch

July 9, 2026
Teachers’ Unions Shell Out More Than  Billion on Politics

Teachers’ Unions Shell Out More Than $1 Billion on Politics

May 14, 2026
Why did a 4 billion CEO just endorse stripping most Americans of voting rights?

Why did a $154 billion CEO just endorse stripping most Americans of voting rights?

July 27, 2026
Product-Market Fit Expires Every 90 Days. Here’s What to Do About It.

Product-Market Fit Expires Every 90 Days. Here’s What to Do About It.

July 15, 2026
93% of jalapeno salmonella problems came from Mexican restaurants including Chipotle and Qdoba, officials say

93% of jalapeno salmonella problems came from Mexican restaurants including Chipotle and Qdoba, officials say

0
Clicks and Credibility 2.0 | RPC

Clicks and Credibility 2.0 | RPC

0
FOUR Big Tide Laundry Detergents for only .72 each, shipped (Plus, Tide Pods deal)!

FOUR Big Tide Laundry Detergents for only $10.72 each, shipped (Plus, Tide Pods deal)!

0
Chart of the Week: The AI Adoption Gap

Chart of the Week: The AI Adoption Gap

0
Will Hamas Disarm? Trump Thinks So, Netanyahu Not So Sure

Will Hamas Disarm? Trump Thinks So, Netanyahu Not So Sure

0
Market Talk – August 6, 2026

Market Talk – August 6, 2026

0
Attraction behaves less like a fixed physical fact than a running judgement: in one study an unpleasant personality made people rate the same face as less attractive, and feeling understood by a partner is what sustains desire: the actions that destroy attraction mostly reveal character

Attraction behaves less like a fixed physical fact than a running judgement: in one study an unpleasant personality made people rate the same face as less attractive, and feeling understood by a partner is what sustains desire: the actions that destroy attraction mostly reveal character

August 6, 2026
They Want To Fully Humiliate Trump: Iran Just Released Their “Plan” For The Strait Of Hormuz, And It Guarantees More War

They Want To Fully Humiliate Trump: Iran Just Released Their “Plan” For The Strait Of Hormuz, And It Guarantees More War

August 6, 2026
How to Calculate MDF ROI: A Strategic Guide for 2026

How to Calculate MDF ROI: A Strategic Guide for 2026

August 6, 2026
Trump signs order setting 15% tariff, price floors on polysilicon imports (FSLR:NASDAQ)

Trump signs order setting 15% tariff, price floors on polysilicon imports (FSLR:NASDAQ)

August 6, 2026
What You Can Learn From the Nerds’ Home Improvement Projects

What You Can Learn From the Nerds’ Home Improvement Projects

August 6, 2026
7 Warning Signs an Older Adult May Be Under Financial Pressure

7 Warning Signs an Older Adult May Be Under Financial Pressure

August 6, 2026
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Attraction behaves less like a fixed physical fact than a running judgement: in one study an unpleasant personality made people rate the same face as less attractive, and feeling understood by a partner is what sustains desire: the actions that destroy attraction mostly reveal character
  • They Want To Fully Humiliate Trump: Iran Just Released Their “Plan” For The Strait Of Hormuz, And It Guarantees More War
  • How to Calculate MDF ROI: A Strategic Guide for 2026
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.