One weeks worth of quarterly income
Is that less than one weeks worth of annual income?
Facebook will fork out more than a half-billion dollars to settle a class-action lawsuit against its facial recognition tech. The antisocial network revealed the agreement yesterday while announcing its 2019 financial figures [PDF], which also showed expenses for the Silicon Valley monster have risen sharply. "Finally, [ …
> "We decided to pursue a settlement as it was in the best interest of our community and our shareholders to move past this matter,"
I understand that this is in the best interest of their shareholders, as losing the lawsuit would be even worse for business. But community? What community are they talking about here? It certainly can't be FB users.
He really is a sociopath.. you get the impression he's constantly sort of staring off into the distance, right past the autonomous cell-collectives that identify as 'fellow human' and envisioning a world where the Facebook computers know so much about them, there's literally no point them existing independently, be far more efficient to just simulate them and recycle their biological matter into computing substrate and why doesn't everyone see how much sense that makes?
Biting the hand that feeds IT © 1998–2022