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It's waste the same way insurance* is waste. The difference between something certified and something not is exactly this instance, when the uncertified thing f
by elromulous 3y ago
It's waste the same way insurance* is waste. The difference between something certified and something not is exactly this instance, when the uncertified thing fails unexpectedly. The rest of the time, the difference is a "waste". Insurance is a waste until the accident happens and you get value from insurance.
*the general concept insurance, not the disaster that is US health insurance.
- vagrantJin 3y ago> Insurance is a waste until the accident happens and you get value from insurance. I can't quite put my finger on it but there is something dubious about "insurance" or at least as it currently exists.
- elromulous 3y agoI have two potential reasons for this: * Asymmetry of information. The insurance company has all the data on the statistics, costs etc. * Insurance companies very happily take your money, but when it's their turn to do the thing you literally paid them for, they look for every possible reason to weasel out.