This is yet another reason to reinforce the conclusion that

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mahbubamim077
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Joined: Tue Jan 07, 2025 4:42 am

This is yet another reason to reinforce the conclusion that

Post by mahbubamim077 »

Although the exact cost of all the efforts to search for and rescue the Titan is not known, estimates suggest that it exceeded $6.5 million [11] , which will in principle be borne by American taxpayers? [12] Is this really the price of innovation that we desire? Is it right for an economic agent, by assuming extremely high and unnecessary risks, to delegate to the State the burden of solving the problems it created – such as search and rescue operations – and to transfer the costs of this risk to society?

If there are certain economic agents who wish to invest in projects sms gateway taiwan that involve a high degree of experimentalism and very high risks, it would be assumed that they would, at the very least, be held liable for the damages resulting from their activity, especially when this activity is also intended for non-essential activities, as is the case with tourism. If this is not the case, there are incentives for an excessive and disproportionate assumption of risk, exonerating business agents from the responsibilities for the risks they created and from which they benefited economically.

It is for all these reasons that a tragedy like the Titan is a necessary invitation to reflect on the numerous legal issues involved in both the cause of the accident and its consequences. Just as it is important that we think about the need for regulation and the limits of consumer consent and the confidentiality clauses so widely used by the industry, it is also essential that we think about the type of innovation we want and who should bear the corresponding risks and costs.
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