I feel very warmly about using relatively quick estimates to carry out sanity checks, i.e., to quickly check whether something is clearly off, whether some decision is clearly overdetermined, or whether someone is just bullshitting.
Redoing the calculations again, this would be 2.5/5000 of a statistical life, which given a life expectancy of 70 years would be worth 365 * 70 * 2.5/5000 = 12.775 statistical days, which does still look like a pretty bad trade.
I think it should be 0.05% not 0.5% of a statistical life in the Photo Patch section (assuming $5k per life saved).
Thanks, fixed.
Redoing the calculations again, this would be 2.5/5000 of a statistical life, which given a life expectancy of 70 years would be worth 365 * 70 * 2.5/5000 = 12.775 statistical days, which does still look like a pretty bad trade.