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If you are confident that you can reach arbitrary judgments in about 1% of all cases, maybe via corruption, political influence or just random arbitrariness of
by rand846633 8mo ago
If you are confident that you can reach arbitrary judgments in about 1% of all cases, maybe via corruption, political influence or just random arbitrariness of court decisions, would this mean the expected value of this suit is approximately 1.3B usd minus ~10m legal fees?
- fakedang 8mo agoYes and in this case, it's not even that much an arbitrary judgement. I don't like the man but Musk has far more standing to go against Microsoft and OpenAI because the shenanigans they pulled were just that much more brazen.
- deleted 8mo ago[deleted]
- otterley 8mo agoIAAL (not legal advice) and find your comment confusing: first, because standing is a question of whether you can even have your complaint heard by a court; and second, because “brazenness” doesn’t necessarily make a case stronger.
- jondwillis 8mo agoWell there’s potential counter suit or court order to pay legal fees of the other party that might affect the profitability. I am not a lawyer
- nutjob2 8mo agoNo because penalty amounts are routinely slashed to a tiny fraction of the original claim.
- refurb 8mo agoExpected value calculations are terrible unless applied to a situation of hundreds or thousands of outcomes. Otherwise you be stupid NOT to buy a lottery ticket each week.
- moralestapia 8mo agoThe expected value of a lottery ticket is lower than its nominal value, for obvious reasons. I agree with your point, though.