„Die Rechenschaftspflicht ist angekommen“: Doppelte Verluste vor US-Gerichten zeigen, dass sich das Blatt gegen Meta und Co. wendet

„Accountability“ in the form of a fee that’s a drop in the bucket. For a company that makes $100-200B annually, fines in the order of magnitude of $375M and $6M are hardly a slap on the wrist. They’ve raked in hundreds of billions over a decade. The company has around a $1.5 Trillion valuation. The fines should be in the order of billions at minimum.

This is not accountability, it’s the cost of doing business.

“Articles that want you to believe accountability has arrived have arrived”

Wait. What?!? What do you mean all of the companies still have all of their lucrative contracts and monopolies? What do you mean their founders like Zuck have de facto complete and total criminal and civil immunity?? 

There’s no fucking accountability. 

Somebody who disagrees with me – show me ONE single accountability. Show me something done or pending that will actually hurt one of these billionaires or their companies in a material way. 

How many billionaires are in a US prison at the moment? 

How many companies that have meticulously and purposefully broken the law have been faced with disabling fines?

OH, ZERO? OK. Got it.  

The real damage will be in countries with functioning court systems where governments dont effectively have a strong police state, so most of europe, latin america and a good portion of east asia and new zealand and australia.

Legal systems effectiveness are directionally proportional to how much they depend on decentralized creative work knowledge work and trade, and to how much fear a government ruling class or enforcer class have of their subjects.

In countries with functioning legal systems big tech is going to likely face escalating fines and eventually theyll de facto not necessarily get kicked out but have high taxes high regulation limited market penetration very limited if at all ip rights and almost no influence over their governments.

Thats the real fallout, mostly losing the global market, and having people in the local market increasing join open source alternatives or use foreign services.