Their last paragraph shows that they didn't understand your paragraph here:
> For people who make their nut finding these kinds of bugs, the business strategy is to get good at finding lots of them. It's not like iOS exploit development, where you might sink months into a single reliable exploit.
I think I understood. The last paragraph of mine that you cite was speaking of the creator of the bugs, not the discoverer.
The liable party should be investing reasonably towards non-negligence. (Especially in the context of spending billions of dollars each year on oft-misaligned headcount that's creating many of these liabilities.)
I'm not talking about the company optimizing for the minimal amount they think they can get away with paying to try to cover their butt. Nor am I talking about how white/gray-hat researchers adapt viable small businesses to that reality.
You missed their point about the business model of the security researchers here: their business model is finding a large number of small value vulnerabilities. Those who are good at this are very very good at this.
My company has a bug bounty program and some of the researchers participating in it make double or more my salary off of our program, but we never pay out more than this for a single report. And it's not like we're particularly vulnerable, we just get a steady stream of very small issues and we pay accordingly.