https://www.forbes.com/sites/katherinehamilton/2023/06/21/oc...
(already submitted minutes ago)
Slacking this hard on safety for a submarine engineering company should not be tolerated in our rapidly advancing industrial society.
39 to beam up.
When was the last time an investor handed an additional $10 million check for 0% to a startup to improve and test their safety systems before launching? Instead their usual mandate is "launch yesterday or die". Which is okay for a SaaS platform or grocery delivery app, but not a deep sea vessel.
Today's version of capitalism is every bit responsible for tragedies like this. While the CEO is directly at fault for certain things, the system is equally at fault for raising and educating a CEO (and huge numbers of post-2000s CEOs) to be like that.
Hypothetical users of the SaaS platform or grocery delivery app who find out later that their personal information wasn't handled with the appropriate safeguards might disagree with that one.
> Today's version of capitalism is every bit responsible for tragedies like this
Correct.
There’s a lot of sleight of hand with confounding governments and financial systems, however.
You can move fast and innovate in life-critical systems so long as you prioritize the engineering and testing.
This event reads like nature going "no, seriously, you monkeys aren't anywhere nearly as clever as you think you are".
>Why Isn't Titan Classed?
[...]
>Classing assures ship owners, insurers, and regulators that vessels are designed, constructed and inspected to accepted standards. Classing may be effective at filtering out unsatisfactory designers and builders, but the established standards do little to weed out subpar vessel operators – because classing agencies only focus on validating the physical vessel.
[...]
> The vast majority of marine (and aviation) accidents are a result of operator error, not mechanical failure.
Did they not consider that the reason for this fact is, oh I don't know, maybe because the vessels have passed the checks for mechanical integrity?
You can't make this stuff up...
I live in this little personal bubble.
Believing with great confidence that the edge of my bubble and the edge of reality are one and the same is actually quite empowering.
Those who Dunninger Kruger with greater intensity tend to win.