Wow, I'd have a variety of responses to this remarkable post.
Obviously, safety regulations should allow for the profitable production of planes and they clearly do, the rest should be up to the plane manufacturer. Now, profits as such aren't what creates jobs as such. Rather it's the productive use of capital - a patent troll making a mint creates zero jobs for example. Now, if a particular form of investment doesn't create jobs one place, it should be able to create them elsewhere. Guaranteeing profits in one sector has many pernicious effects, often including a lack of job growth rather than the reverse.
Just as much, the profit/safety equation is more complex than "more profits, more safety spending" (to say the least). For example, if safety regulations can always be ignored for profits, plane manufacturers will build less safe planes over time.
Finally, a management which responds to not being able to produce a new, unsafe design by making their present line of planes unsafe by "lowering standard" should be looking at jail time.
Would you fly on an airplane that had a reputation for crashing? Me neither. Crashing airplanes is very, very bad for profits.
Would you bet your life that reputation alone was enough to keep an airliner from crashing? We know right now airlines shave every possible extra cost to achieve the lowest prices because passengers are very price sensitive.
Even more, right now a lot of people don't know they're flying on any number of regional airlines, some of which may have terrible reputations when they fly "United express" [1]. Consider that one of those airlines beating a passenger to get them off the plane didn't change the situation.
Of course, now we have safety standards rather than just reputation preventing crashes, which seems like the appropriate thing.
Please review the history of the DeHavilland Comet and the Lockheed Electra for what happened when an airliner acquired a reputation for being unsafe.
Back in the 2000s, a manager uttered the words "torture flights" in a private corporate meeting. Within days his words were leaked to the populist press by rivals within the bureaucracy.
Boeing higher-ups dealt with the ensuing firestorm by disposing of the truth-teller.
https://en.wikipedia.org/wiki/Mohamed_v._Jeppesen_Dataplan,_....
If unlimited safety improvements are required without regard to cost, it could drive the cost of the aircraft so high that airlines can't afford to upgrade, so they keep their older fleet in service for longer. Which works for a while, but airframes do age and need to be retired.
Boeing has an issue in their planes that the A350 doesn't have. So if the price of 787's goes up because it needs to go from unsafe to safe, then airlines can buy A350s instead.
In this case, the problem is with the engine, not with the plane, and the alternative engine is already approved and in service.
Mostly people don't do safety comparisons of different planes when booking trips overseas and, TBH, pushing that sort of investigation off on consumers creates huge inefficiencies in our economy. It's simply better for the government to hold all options to a certain safety level then try and rely on market forces to balance it out.
You could make it a reasonable binary if you define unsafe as "has known bugs that could lead to deaths", which is what the top comment was doing. Not sure if any already-in-use planes satisfy that criterion though.
But when the bug is known to be hit only is astronomically slim scenarios, they don’t rework the entire stack to eliminate it because, well perhaps it is more likely to cause more harm than good?
"unaccepted by users" is circular in this particular discussion, because it started with trying to tease out whether a rare* safety* risk was "acceptable."
* All these debatable words tell me GuB-42's comment is taking the right approach.
I wouldn't include that since it wouldn't be useful. In any case it clearly wasn't included in whatever definition the top commenter intended.
We are not arguing that money spent on wars are wasted and that same money should be better spent on lowering heart disease, we are talking purely about increasing profit.
In order to save more lives that can be saved more cheaply, yes.
These are lives you’re talking about here, kids, kids that happen to be currently sharing the same planet as you. Human beings are not figures on a balance sheet, and I lament anyone’s soul that would dispute me on that point. The pillars of this community sit on billions and get hospitals named after them, but some brown kids in a cave are a theoretical exercise to think about economics? They have memories. Families. Hopes. Should we debate your worth? What’s the figure where you are no longer considered worthwhile?
If I can’t meet you on something as fundamental as every life is worth saving, we simply aren’t having the same conversation, and I’ll be honest, your side gives me pause. And I see it far too often among people here who simply consider themselves pragmatic. Many throughout history have convinced themselves of their pragmatism, and we have all paid for it for centuries.
What unfortunate times to live in where the scions of high tech debate the value of individual lives in a far flung part of the world. This thread should disgust.
The issue is really not as simple as you describe. Of course every life is worth saving, especially the lives of children. However, given a finite set of resources, would you rather save more or fewer children? The amount of money that goes into a long shot at saving a child with terminal cancer in the US would provide clean water and mosquito nets for many children in sub-Saharan Africa.
Am I saying that we should enforce this reallocation of resources? No. But I am saying that it is complicated.
But people love a spectacle. And heroics. So we just have to figure out how to make mosquito netting seem spectacularly heroic...
Why weren't you asking the Thai military to divert its resources to mosquito netting programs last week?
No the truth is more grim, we will save people until it costs more than we are willing to spend. Over time that threshold has increased with our wealth - but it remains in place as it must. Most people don't consciously think about it and it's upsetting to many.
Advocates of effective altruism argue that the best of us do this, and that if we all did this, it wouldn't take all of our time.
For people who deal with this professionally the quota is defined monetarily. For the average person its an unconscious decision. But in all cases the amount of resources allocated to helping is not defined directly by the demand.
I'm not sure how to determine what "effective altruism" is arguing, but prominent EA advocates like Will MacAskill and Peter Singer are absolutely concerned with increasing the amount of money allocated to helping people. The conclusion of Singer's most famous argument is that we have a moral imperative to donate most of our money to saving the most lives. Even personally, both live modestly and donate most of their income.
But I wanted to add that your post very much reminds me of something Jean-Baptiste Zorg [1] from The Fifth Element would say [2].
Not that I'm qualified to answer whether or not that's the case here, but it's arguably something the FAA would need to consider.
Till it’s your life.
According to Wikipedia people value one micromort of their own life at around $50 (inferred by how much they want to pay for safety features). So if I am average, I would probably value my life at around $50M, so yeah, you are right, though maybe not in the way you intended.
Still, it is difficult to make sense of comparisons between our own perception of the value of life and how much we actually value it based on our actions. The expenses on safety when chances of death are low is only one aspect.
Also, the page on Microlife is great. Wish it was longer!
I think you misread. It's 2.6 and 6.2 (in millions of USD)
You might also find that it's not so weird in that this valuation is not general but specific to road improvements.
It could be explained by the relative prevalance of road fatalities, which would skew the relative political importance:
https://en.wikipedia.org/wiki/List_of_countries_by_traffic-r...
Note that traffic fatalities per 100k of population are 2.9 for the UK and 10.6 for the US.
That money cannot be spent elsewhere to save lives by Boeing in an area that is regulated by the FAA at the FAA's instruction.
So, yes, $10 million could be spent on education to prevent people making the argument that $10 million could be better spent on letting people be killed, thereby saving countless lives. But that's not what the question is here, and to pretend that it is represents a deeply bogus rhetorical move.
That's not absolutely true. People lives have a value, around $10M for US transport. It means that if the cost of potentially saving one human life is more than $10M, it isn't worth it, as in, there are more important things to do with that money, including improving safety in other areas.
Now profits are important too. Companies need money. That's how they pay their employees, do R&D, stuff like that. If they don't make money, employees will get fired, and they won't be able to develop new, better and potentially safer planes. For airlines, they may be forced to make tickets more expensive or lower their standards to compensate for the costs of planes that don't fly. Talking about shareholders, you may be a shareholder too if your savings include Boeing stocks. Less profits has an avalanche of undesirable effects. Some of them affect the 1% but the majority of it make things slightly worse for the 99%.