Los@beehaw.orgM to World News@beehaw.orgEnglish · 1 year agoAustralia takes on Elon Musk over spike in online hate on Twitter12ft.ioexternal-linkmessage-square8fedilinkarrow-up143arrow-down10
arrow-up143arrow-down1external-linkAustralia takes on Elon Musk over spike in online hate on Twitter12ft.ioLos@beehaw.orgM to World News@beehaw.orgEnglish · 1 year agomessage-square8fedilink
minus-squarefloofloof@lemmy.calinkfedilinkEnglisharrow-up2·1 year agoYou can’t fine him an amount he’d care about. Beyond a certain amount of wealth, fines are no longer a punishment or a disincentive.
minus-squaremagnetosphere @beehaw.orglinkfedilinkEnglisharrow-up6·1 year agoIn many cases, I would agree, but the article says If Twitter does not respond, it faces fines of $687,000 a day. We’re not talking about a single payment for a fixed amount. I think he’d actually care about this. It would add up fast if he tried to ignore it.
minus-squareAnnaPlusPlus@midwest.sociallinkfedilinkEnglisharrow-up6·1 year agoGoogle tells me his net worth is $234.4 billion. That’s enough money for 341,193 days of fines, or just over 900 years. So no, he probably won’t care
minus-square6fn@kbin.sociallinkfedilinkarrow-up3·1 year agoEven if the fine were to reach half of what he spent on Twitter, he would have to pay them $687,000/day for longer than the average life expectancy in the healthiest country on earth (87 years). A billion is such an absurd number.
You can’t fine him an amount he’d care about. Beyond a certain amount of wealth, fines are no longer a punishment or a disincentive.
In many cases, I would agree, but the article says
We’re not talking about a single payment for a fixed amount. I think he’d actually care about this. It would add up fast if he tried to ignore it.
Google tells me his net worth is $234.4 billion. That’s enough money for 341,193 days of fines, or just over 900 years. So no, he probably won’t care
Even if the fine were to reach half of what he spent on Twitter, he would have to pay them $687,000/day for longer than the average life expectancy in the healthiest country on earth (87 years). A billion is such an absurd number.