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Companies need to acknowledge the flow of information is limited. We are in a period of humanity where people CANNOT know all the little details. You don't get
by IAmPym 5y ago
Companies need to acknowledge the flow of information is limited. We are in a period of humanity where people CANNOT know all the little details. You don't get to create a system and not take responsibility for the problems it causes using law as a safety net and expect it to scale. That is morally wrong
Yes people have a responsibility to learn more, but the company has a responsibility to protect the people it interacts with
- otterley 5y ago> You don't get to create a system and not take responsibility for the problems it causes using law as a safety net and expect it to scale. But that’s exactly what we have achieved. Contracts of adhesion, unfair as they seem to some, significantly lower transactional costs by eliminating negotiation and have allowed us to scale commerce tremendously as a result. To balance out the bad parts of adhesive contracts, we guard against moral hazard by providing fraud protection against innocent cardholders. We also make certain particularly immoral or unfair terms in contracts unlawful as a matter of law, such as disclaiming liability for inherently dangerous activities, or using one’s child as consideration.