Comment by piva00
7 hours ago
Meta pulls >100B USD in profits, an added fine of even a few hundreds millions USD could be worth it depending on cost-benefit.
I asked what other enforcement mechanisms there could be since an added fine isn't really teeth-y enough unless it follows the EU model for privacy violations: initial fine and a requirement to change behaviour, no change in behaviour increases the fine up to 6% global revenue, and the fines will keep coming until the behaviour is changed.
Perhaps for the company you work at it might not be worth it but we are talking about one of the most profitable companies in the history of mankind.
Profitable companies still need to justify unit economics. And I know it's not believable in this particular forum but Meta doesn't operate on the "let's optimize pricing on breaking laws" principle.
Given the marginal value of my data to training anything (near zero), the lawsuit costs (even if I personally don't see any of the money) is far too large. I am not saying they definitely won't do it, they've bumbled into worse situations before but this feels like an obvious own goal if they try.