Meta says it's facing $1.4T in penalties in teen mental health case

ggm

Hyperbolic downside risk only exists because of the combination of two things. 1) bloated wealth by the asset holder. 2) persisting refusal to countenance any kind of responsibility for their actions operating a fiefdom. Meta had content review by humans. It worked, badly, but better than the automata. It had massive PTSD risks to the operators, it was costly, and it ate into profits which affected 1) above. So Meta shitcanned it, to avoid cost, and now sits on 2) because what it did subsequently is worse and it doesn't want to admit the cost. Conflating this with some presumed free speech/libertarian issue is smoke-and-mirrors. This is a T&C space, it is not a free speech venue (nor is X, or Reddit) And the meta people who could editorially remove content don't but have not lost their editorial responsibility which they exercise at other times, and in ways which show they can remove content at will.

ChrisArchitect

[dupe] https://news.ycombinator.com/item?id=48817191

quadrifoliate

They are right, it's too much. Let's reduce it to $1.39T. A company with 10 billion in market cap is still pretty big.

antonvs

> a figure the tech giant blasted as “outlandish.” Conforming to society's expectations can feel outlandish if you've never been subject to it before. This is why Reagan-era 90+% top marginal income tax and strong antitrust measures are important - it prevents companies getting to the point when it feels "outlandish" to them to be punished for trying to destroy the society that granted them their wealth.