> here exist geeks who run servers with hobby projects, but they don’t have serious backup needs. Have they taken minimum sane steps with regards to their hobby projects like spending hours to investigate backup strategies, incorporating to limit their liability, purchasing insurance, hiring professionals to advise them on their backup strategies, etc? No? Then their revealed preference is that they don’t care all that much if they lose all their hobby data.
I understand how investigating backup strategies and hiring professionals for advice help with the goal of protecting my data. I do not understand how insurance and, particularly, incorporating to limit liability help protect my hobby data.
Both of those things make sense if I'm engaged in business activity requiring me to protect data in order to make money. How do they help me if I'm engaged in an activity that requires me to have continued access to the data for its own sake?