Public transport systems should check if you’re not paying for your tickets, and ban you.
That sounds like punishing people who fail to buy ticket with an inability to buy tickets? That seem like a strange choice to me.
Amazon should check if you’re producing fraudulent products and ban you. This is because they’re unusually skilled and experienced with this kind of thing, and have good info about it.
Why do you believe that Amazon is unusually skilled or experienced with it? Louis Rossmann’s investigation of fuses that Amazon sells suggests that Amazon is quite willing to sell fraudulent fuses and doesn’t really do something about it. Fraudulent fuses are especially bad for Amazon to sell because they are products that are safety critical. Houses might burn down because of Amazon selling the fraudulent products.
Recent whistleblowing from Meta suggests that 10% of their ad revenue (or 25% of their profits) used to be fraud according to their own estimates. That leaves the question of how many percent of revenue of Facebook would need to be about defrauding customers to be on the level of SBF.
For Facebook the situation seems to be, “The fine we have to pay for facilitating the fraud of our customers are much lower then the profit we make so we do it.”
For Amazon it’s less clear to me why they aren’t doing more about fraud. It seems more of a matter of just not really caring. It isn’t really the job of anyone with power at Amazon to reduce fraud and many people have their KPI’s that they have to reach that are about other priorities.
It’s unclear to me why you think that SBF meets the threshold of being evil in the sense of “prefers bad outcomes, and is working to make them happen”. I think he was certainly wrong is using customer funds but I don’t think he was in any way intending to get into a situation where he can’t return the funds. To me that doesn’t look like sadism but more like narcissism.
That sounds like punishing people who fail to buy ticket with an inability to buy tickets? That seem like a strange choice to me.
Why do you believe that Amazon is unusually skilled or experienced with it? Louis Rossmann’s investigation of fuses that Amazon sells suggests that Amazon is quite willing to sell fraudulent fuses and doesn’t really do something about it. Fraudulent fuses are especially bad for Amazon to sell because they are products that are safety critical. Houses might burn down because of Amazon selling the fraudulent products.
Recent whistleblowing from Meta suggests that 10% of their ad revenue (or 25% of their profits) used to be fraud according to their own estimates. That leaves the question of how many percent of revenue of Facebook would need to be about defrauding customers to be on the level of SBF.
For Facebook the situation seems to be, “The fine we have to pay for facilitating the fraud of our customers are much lower then the profit we make so we do it.”
For Amazon it’s less clear to me why they aren’t doing more about fraud. It seems more of a matter of just not really caring. It isn’t really the job of anyone with power at Amazon to reduce fraud and many people have their KPI’s that they have to reach that are about other priorities.
It’s unclear to me why you think that SBF meets the threshold of being evil in the sense of “prefers bad outcomes, and is working to make them happen”. I think he was certainly wrong is using customer funds but I don’t think he was in any way intending to get into a situation where he can’t return the funds. To me that doesn’t look like sadism but more like narcissism.