4 ms·
> as long as the cost of the lawsuits accurately represent the amount of the harm > nothing is perfectly safe > Should they all be recalled? My flippant quote
by the_sleaze_ 2y ago
> as long as the cost of the lawsuits accurately represent the amount of the harm
> nothing is perfectly safe
> Should they all be recalled?
My flippant quote from "Fight Club" isn't a great starting point - let me flush out my opinion a bit.
I believe that the types of judgements we're talking about here are not ambulance-chaser-type awards for a claimant proportional to the injury but actually punitive in nature towards the business entity itself.
GiantTechCorp isn't paying Alice 40 bucks because she's injured by losing her data, they're paying 10 billion as punishment to not do it [get caught] again. If the punishment doesn't incentivize the company not to reoffend, we need to change it until it does.
This is my fundamental issue.
1% net profits as a punishment? Please.