Re:Gandi loses data, customers told to use their own backups
by specialist on Thursday January 09, 2020 @12:03PM
(#22002963)
Decreasing trust increases transaction costs.
There's got to be a measurable (negative) economic impact.
The courts are too expensive. The culture of taking pride in one's work maybe is disappearing.
For the most crucial parts of doing business/living life, we are required to trust someone else. For example, I can't just go and make my own cell phone tower or ICANN.
And yet I can't even trust those entities to get it right.