Let’s do some math. Some searching suggests the average size of an e-book is about 3 MB. 82 TB means they pirated about 27 million e-books. At the rate of Russet’s fine, that would come to damages of $2.2 trillion. So not more money than has ever is about 4x Meta’s entire market cap.
I hope the book publishers sue Meta and end up owning Facebook and Instagram. Not that I expect one evil megacorp to inevitably fix all the ills of another. But it would be hard to make Facebook any worse than it currently is.
I mean, 4x the market cap of Meta, 80x, it makes little difference. The key is the book publishers should end up owning Meta. Again, I wouldn’t expect them to necessarily turn Facebook into some revitalized utopia. But I think at least a bunch of stodgy old book publishers wouldn’t be so overtly cartoonishly fascist at the very least.
I’m not sure how I feel just remaking all the things on the new thing. Nothing stopping you from doing it of course. And I can block it easily enough. I guess do what makes you happy.
Internet culture is a leaky thing. A major chunk of meme and comic formats where born in 4chan and they’ve been adopted virtually everywhere on the web despite coming from a place that takes a certain level of self hate to stomach for any length of time. Lemmy is functionally a clone of reddit right down to the logo similarity. Trying to claim that somehow it’s a different unique corner of the web and exercise in futility.
Let’s do some math. Some searching suggests the average size of an e-book is about 3 MB. 82 TB means they pirated about 27 million e-books. At the rate of Russet’s fine, that would come to damages of $2.2 trillion. So not more money than has ever is about 4x Meta’s entire market cap.
I hope the book publishers sue Meta and end up owning Facebook and Instagram. Not that I expect one evil megacorp to inevitably fix all the ills of another. But it would be hard to make Facebook any worse than it currently is.
3Mb is mostly the cover art.
The text is usually only 100-150kb. So if they only got text, it could be 20x higher.
$44T, now we are talking about real money.
I mean, 4x the market cap of Meta, 80x, it makes little difference. The key is the book publishers should end up owning Meta. Again, I wouldn’t expect them to necessarily turn Facebook into some revitalized utopia. But I think at least a bunch of stodgy old book publishers wouldn’t be so overtly cartoonishly fascist at the very least.
This needs a theydidthemath comm to post to. 🙂
I’m not sure how I feel just remaking all the things on the new thing. Nothing stopping you from doing it of course. And I can block it easily enough. I guess do what makes you happy.
Internet culture is a leaky thing. A major chunk of meme and comic formats where born in 4chan and they’ve been adopted virtually everywhere on the web despite coming from a place that takes a certain level of self hate to stomach for any length of time. Lemmy is functionally a clone of reddit right down to the logo similarity. Trying to claim that somehow it’s a different unique corner of the web and exercise in futility.
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