Not a joke, literally what my insurance company told me when my doctor tried to get me scheduled for a reduction.

The most effective treatment is actually a breast reduction but apparently American insurance only covers making them bigger….

Sounds like something that already exists and is happening right now

Why not spend it developing proper tracking infrastructure so that they stop failing financial audits.

Well yes, but that is something that they can’t hide from their investors and that information is public and tax fraud is one crime governments will kill corporations for

No. You just tax the corporations based only on revenue and make the tax rate an exponential curve. Instantly too big to fail becomes too expensive to survive. Thus the businesses will naturally split into smaller companies.

If a small business comply with KYC laws and gets breached, less than 1000 people get impacted. One would have to breach a million different companies to equal the scale of a single mega corporation.

Sounds more like big corporations are the problem here

Modern developers simply were not ever taught the old ways. The old ways are light years ahead in terms of optimization and efficiency than what modern developers can even imagine. Imagine creating a C compiler and it has to run in 16KB of RAM and be powerful enough to build unxz, untar and sha256sum. Because it was done because they needed it.