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Of course they care about $30 million per year. That's enough to fund a good-sized full-time team just to work on this one single problem. You can't go idly th
by jstanley 3y ago
Of course they care about $30 million per year. That's enough to fund a good-sized full-time team just to work on this one single problem.
You can't go idly throwing away $30 million a year, even if you're Facebook. Yes, they can get away with it once or twice, but if that is your approach to unnecessary $30 million costs, you're not going to last very long.
- jonplackett 3y agoIt depends - what is the _benefit_ of not doing anything? Probably more than +30 mil, otherwise they would be doing something.
- arnvald 3y agoThe benefit is that you still profit from actions that break the law. If it's possible to stop breaking the law in a way that the revenue drop is smaller than $30M a year, they'll possibly do it at some point. However, it's possible that the drop would be bigger, in which case the $30M/y fine is just cost of doing business.
- joshxyz 3y agoQuite amazing how legal and accounting teams do this kind of math, really.
- mnky9800n 3y agoI mean eventually the consequences could escalate if they are found to not be effective.
- jonplackett 3y agoAnd that’s probably the point they’ll do something, but not before
- baobabKoodaa 3y agoIf you find a $100 bill on the street, do you pick it up, or do you just assume it can't be real because surely someone else would have picked it up already if it was real? There's a staggering amount of inefficiencies in large corporations. Just because a corpo is doing something a certain way right now, doesn't mean it's necessarily the result of a higly optimized process or rational risk/benefit analysis.