So a literal slap on the wrist that doesn’t discourage or stop the actually harmful behavior.

Look, I get that certain demographics are terrified of another Arthur Andersen-esque collapse of a firm, but if we don’t punish companies to the point of possible insolvency, then we’re creating a moral hazard wherein more companies will continue engaging in harmful behavior because they know they won’t ever be held properly accountable.

If we actually harmed (or even bankrupted) Meta with a suitable fine relative to the harms inflicted, you’d see the wider social media industry (and adjacent tech companies) clean up their shit really fucking fast to avoid a similar fate.

▲

tftr a day ago | parent [-]

What do you do about people who make their livelihoods on these platforms?

Personally idgaf about them - I feel they contribute. But I want to know what you think.

	▲	intended a day ago \| parent \| next [-]
		The cost to society for smoking cigarettes was more than the benefit of people who worked in those industries. No industry this large, will be without second and third degree effects.
	▲	stego-tech a day ago \| parent \| prev [-]
		It sucks. On the one hand, I think destroying Meta and social media in its current form would be a net good; same with fossil fuel companies. Though you raise an issue (“what about folks whose livelihoods depend on the harm perpetuated”) rather than reject the premise using such reasoning, which is the absolute right attitude to have. It’s easy to sit on my high horse and tut-tut folks reliant on Facebook Marketplace or Gas Station Convenience Store shifts for their livelihoods, but that’s not helping jack shit. Personally, I believe part of the punishment should be leveraging the fines or damages collected to build social support systems for genuine victims - which includes working class folks who had to choose between starving/homelessness or survival. I lack the policy expertise to make specific pitches, but we do need to keep those folks in mind as a means of learning from Arthur Andersen and Enron: punish those creating the harm, while helping those who were casualties of the collapse but not directly complicit themselves. It’s hard. It’s complex. Some folks will fall through the gaps due to our abysmal social safety nets. That being said, those numbers are infinitely smaller than the folks harmed by social media in its current form, and thus the trade is a net good. Using this new problem to justify not addressing the current one is the worst move we could make.