I've read a few of these "long term damage" studies that are scaring everyone. Of the 60+ people in the UK one published by the journal in Charlottesville, most of them were elderly or in "high risk" jobs (it didn't mention what jobs for privacy. Health care workers? grocery store? who knows).
With the vaccine trial you are taking on an unknown risk which to me seems way worse.
I think there are factors that drive people to join these trials though. For example if you have a loved one that has a much higher risk of severe complications if they catch the virus. Then it is in your interest to help get a vaccine ready.
There's a reason why clinical trials are done in phases. If you are one of the very first to receive a new medicine or vaccine, then yes, you are taking a risk - and are compensated accordingly.
By the time it gets to phase 3 trials, you already have a pretty good idea of the safety. One possible adverse event amongst 30,000 participants doesn't seem so bad to me. Certainly it's less than the risk of developing serious illness if you are infected with SARS-CoV-2.
And keep in mind that the people participating in this trial are already pre-screened, taking the healthiest of the potential candidates. Known side effects would typically occur at higher frequency amongst the population than found in a clinical trial.
EDIT: To add to this. The cost of rolling out medicine with SAEs at this rate would cost the company / government in the order of about $4,730,000,000 (430k x 11k) [1], which is about the equivalent to the amount paid out for all other vaccine caused injuries over the last 30 years. This is likely low-balling it though, as I bet the families sueing would get more than $430k with the numbers of eyes on this.
[1] https://www.theatlantic.com/health/archive/2019/05/vaccine-s...
There is some precedent for the scenario you describe, however: the 2009/10 H1N1 vaccine “Pandemrix” caused permanent narcolepsy in 1 in 55,000 children it was administered to:
https://www.narcolepsy.org.uk/resources/pandemrix-narcolepsy
Italy is just starting to look at this after their recovery and the initial signs are not great: https://www.washingtonpost.com/world/2020/09/08/bergamo-ital...
Clinical trials start after a lot of toxicology screening in vitro and then in animals. For first in human trials, the doses are sub-clinical and then dose-escalation studies are done to find out when adverse events start.
They basically work their way up to therapeutic doses very slowly, monitoring the health of subjects very closely.
They pay them. Being a construction worker is another example of young, healthy people doing something dangerous and being compensated.
Volunteers for this trial range in age from 5 to 75+. Not everyone is perfectly healthy.
People here are reacting like the vaccine isn't safe and is cancelled now. All this news means is that one person out of tens of thousands had a possible reaction and they have to investigate to see if it is even related to the vaccine (which is the proper procedure). This isn't even the first time that this has happened during this trial - it just wasn't reported so widely last time. The most likely outcome is they pause for a few days and then keep going as normal.
I'm sure that 5-year old has carefully considered their decision.
Edit: I hope I am not spreading a myth further
True, it has been done in the past, but there are many... many horror stories associated with the practice [1].
[0] https://www.ecfr.gov/cgi-bin/retrieveECFR?gp=&SID=83cd09e1c0...
[1] https://en.wikipedia.org/wiki/Experimentation_on_prisoners