I'm not sure a one to one comparison here is appropriate, either. The fundamental argument that 1 minute of wasted time is equivalent to 1 minute of life seems tricky. To prove this is easy, simply ask yourself if you'd rather take a day off your life or spend a day waiting in line at the DMV. I think you'll find that most people would rather still be alive and at the DMV. Loss of life is not equivalent to loss of time.