It does if you do it a lot and then resell it. Which is what happened to a bunch of people in the days of Napster, and is exactly what these fuckers are doing.
Jammie Rasset got tagged for $1.9M for sharing 24 songs, so if we extend the per instance to this case I'm pretty sure Meta owes more money than has existed in human history...
Let's do some math. Some searching suggests the average size of an e-book is about 3 MB. 82 TB means they pirated about 27 million e-books. At the rate of Russet's fine, that would come to damages of $2.2 trillion. So not more money than has ever is about 4x Meta's entire market cap.
I hope the book publishers sue Meta and end up owning Facebook and Instagram. Not that I expect one evil megacorp to inevitably fix all the ills of another. But it would be hard to make Facebook any worse than it currently is.
There is a book, Year Zero, that covers this idea. I didn't much care for the writing, but the plot was a fun idea. Aliens discovered Earth, and Humans had a unique talent for creating music. So the entire universe started sharing human music before they realized their mistake. Intergalactic law says they have to respect our copyright law, but they didn't know such a crazy concept existed until they owed practically the entire universe to Earth. Some alien races decided the solution was to just blow up Earth. https://en.wikipedia.org/wiki/Year_Zero_(Reid_novel)
That's one of those things that fridge logic really hits hard. Because there are no fixed prices under Earth's laws. So in exchange for quintillions of dollars of Earth's music, the aliens could just sell us technology at the same or similar price.