Are we talking hypothetical utopia or something that could actually happen? Insurance probably isn’t the most perfect solution but it’s the most feasible. These exact policies and insurers already exist.

And why the hell would anyone want a job where a mistake results in personal ruin? Sure, there are a lot of shitty companies and people running them, but mistakes also happen when people are trying to do a good job. It’s not possible to completely prevent a data breach even with an unlimited budget.

I think the best solution is to weed out the people who behave irresponsibly and have an environment where we learn from the ones who are responsible and fail anyway.

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bluefirebrand 3 days ago | parent | next [-]

> And why the hell would anyone want a job where a mistake results in personal ruin

We are talking about the sort of job where you are paid ludicrous amounts of money. The sort of jobs that usually come with massive golden parachutes

People earning more money in a year than most people earn their whole lives should be accepting a much higher burden of risk

	▲	shimman 3 days ago \| parent [-]
		Very true. If you don't want to be exposed to such rich, you're free to work elsewhere. No one is forcing you to take on these jobs that immiserate society.

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collingreen 3 days ago | parent | prev | next [-]

"A mistake" is a far cry from criminal negligence and we shouldn't conflate them.

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Suzuran 2 days ago | parent | prev | next [-]

>why the hell would anyone want a job where a mistake results in personal ruin?

I guess you think pilots, doctors, air traffic controllers, etc. are all made up?

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curt15 3 days ago | parent | prev [-]

> And why the hell would anyone want a job where a mistake results in personal ruin?

People will do nearly anything if the price is right.

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solidsnack9000 3 days ago | parent | next [-]

The most reckless will, of course; but most people won't -- they just won't do it.

Corporations evolved the liability structure they have today so that large undertakings, where many people have to work together and where the bad deeds of a small number of those people could sink the undertaking, were something that regular -- people who can't self insure -- could be a part of, as investors, managers, staff, &c, &c.

Limited liability may make accountability too narrow; but blanket personal liability makes it far too broad. It's not a solution for running a large, complex economy in a more accountable way.

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bigbuppo 3 days ago | parent [-]

And 70 years ago I would agree with you, but now we have a handful of individuals who are the economy with wealth that's rivaling nations. Something has gone awry.

	▲	solidsnack9000 2 days ago \| parent [-]
		What does that have to with assigning liability to managers as proposed? It seems like the handful of people you're talking about are totally different people.

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Ajedi32 3 days ago | parent | prev [-]

Yes, there are some people who thrive on risk and will do things like jump off a mountain in a wing suit just for the thrill of it. That doesn't mean making that sort of personal recklessness legally mandatory for employment is a good idea.

This sort of personal liability OP is proposing would just ensure the security industry is dominated by highly compensated compulsive gamblers because nobody else is insane enough to take the risk. It's an absolutely ridiculous idea.