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> The way to fix market failure is well understood, though; regulation. You're arguing for regulation of the software industry, just as we have regulation of th
by geezerjay 8y ago
> The way to fix market failure is well understood, though; regulation. You're arguing for regulation of the software industry, just as we have regulation of the medical industry or the oil industry.
That's an excellent idea. I hope your country regulates the hell out of your nation's software industry. Meanwhile I'll buy a rake to help me gather all the money your economy will throw my way because somehow developing software in your nation became suddenly cost-prohibitive and your economy has no alternative to outsource it to nations unencumbered by regulation.
- ttoinou 8y agoYou don't understand. We should have a global government, and then regulate software all over the world at the same time
- riffraff 8y agowe have regulations for software and software services in EU (e.g. GDPR) and US (e.g, DMCA, HIPAA) and the economy has not collapsed.
- Barrin92 8y agoDo you really think suggesting that selfish drive for selling insecure and underregulated software is really an argument against regulation? I don't think anybody denied that capturing an unregulated space by selling shoddy and cheap products is actually a great way of making any ruthless actor a ton of money, I'm really not sure what point you're trying to make here