[cityzen]

Ex-Google CEO says successful AI startups can steal IP and hire lawyers to ‘clean up the mess’ / “But if nobody uses your product, it doesn’t matter that you stole all the content,” Eric Schmidt said during a recent talk at Stanford that has been taken offline.

Since that guy was CEO of Google it’s all good right???

https://www.theverge.com/2024/8/14/24220658/google-eric-schm...

[johnnyanmac]

well that does nail down one huge societal issue that multiple domains need to address: fine and punishments are so low that they are simply an expense instead of a deathblow.

We definitely need to overhaul a lot of these white collar fines. I just watched a video today and learned the federal maximum fine for being caught using child labor is capped at $15k per worker. No wonder child labor has skyrocketed over the decade.