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Regulations by definition are for holding rapidly advancing industries back, for various reasons.

• AnthonyMouse 11y ago
  Good regulations have almost nothing to do with technological change. We have regulations against pollution or fraud not because the technology has changed but because the incentives otherwise don't line up. You can pollute the air using technology from 1895 and if it's cheaper to do that than to install emissions controls then economics will drive you to do that unless regulations prohibit it. Regulating very new technologies is almost always unwise. There will already be existing generic laws and regulations against serious bad outcomes (you are not allowed to knowingly kill people regardless of method) and for less serious outcomes it's generally better to let the technology shake out and take some time to study and understand it, even if there is a short-term cost to doing that.
  • pvdebbe 11y ago
    Well I'm thinking along the lines, "low-polluting equipment is most likely more expensive => the company is held slightly back by demanding new standards". Maybe some regulation is needed, some is not. And all of it is by definition against the company. But not necessarily against the society as a whole.
• tormeh 11y ago
  That's just plain wrong.