I think time is different because it's finite. I admit I'll still opt for store brand to save a few bucks even making an engineering salary. But I'll also do something "illegal" (like parking at a metered spot without paying) to save time or otherwise do what I want and just deal with whatever financial cost incurred if I know it won't break me.
A saying I've heard is that if the punishment for a crime is financial, then it is only a deterrent for those who lack the means to pay. Small business gets caught doing bad stuff, a $30k fine could mean shutting down. Meta gets caught doing bad stuff, a billion dollar fine is almost a rounding error in their operational expenses.
So what's the point? If neither party is really affected by a penalty (no diacernible benefit or loss to either), then is it all just performative?
Maybe I just answered my own question.
Things don’t need to be huge deals to influence behavior or be a net gain.
I bet you’ve taken a shortcut to save less than 1h for example.
I think time is different because it's finite. I admit I'll still opt for store brand to save a few bucks even making an engineering salary. But I'll also do something "illegal" (like parking at a metered spot without paying) to save time or otherwise do what I want and just deal with whatever financial cost incurred if I know it won't break me.
A saying I've heard is that if the punishment for a crime is financial, then it is only a deterrent for those who lack the means to pay. Small business gets caught doing bad stuff, a $30k fine could mean shutting down. Meta gets caught doing bad stuff, a billion dollar fine is almost a rounding error in their operational expenses.