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by Cheer2171 718 days ago
> Compliance must be demonstrated by the company within five working days from the notification of the decision, and the agency established a daily fine of 50,000 reais ($8,820) for failure to do so.

$8,820 * 365 = $3.2 million a year is pretty cheap for Meta to be able to do whatever they want with all the data from all 200 million Brazilians. Their annual net income is $39.10 billion, so 0.008%.

4 comments

This is the heads up fine _just_ to update the privacy policy. It's a mere warning.

The fine for each privacy infraction is 2% of the company's last year earnings, limited to 50 million BRL (~9 million USD). If 500 brazillians had their privacy violated by a platform, that platform needs to pay 500 of these fines once per day until it is fixed. There's also all sorts of extra punishments for not fixing it in time (like mandatory suspension of services).

Facebook is not forbidden to use your data for AI. It can do so, as long as it provide means for you to delete it. A button to clean your data, for example. That would be legal. We know for LLMs is not that easy though.

It’s not a Blockbuster Video. They’ll eventually increase the penalty for noncompliance or escalate the kind of punishment.
Are there any cases of this actually happening?
with half the fine, Meta buys the entire Brazilian supreme court and suddenly: no fines, no jail and everyone will be happy.
I hereby also ban Facebook from accessing my data to train AI. I'm sure it would be a big hassle to carefully exclude me from all their models, but I'm generously offering an alternative non-compliance fine of only $50/day, paid to my bank account.
Pretty sure that's per user (usually the other fines they already did, were like that)