Why Corporate Greed Is Backfiring on Businesses in the AI Era, According to Science

New research finds that the compulsive drive for gains brings no benefit to society and poses long-term risks to human happiness and even organizational success.

BY KIT EATON @KITEATON

Illustration: Inc; Photo: Adobe Stock

For anyone who feels that corporate greed has gotten out of hand in our maximalist society, a new academic study will be an interesting read. Management researchers looked into greed and how its impacts play out, finding that the powerful drive to amass gains actually has no benefit, either to organizations that embrace greedy philosophies or to society as a whole. The data may prompt savvy company leaders to take a long, hard look at their long-term business goals and the strategies they plan on following, as well as checking that their company culture........

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