4 ms·

I hear sentiments like this a lot as if everything in the universe is over regulated. What do you believe are some examples of things that are over regulated?

jussij 8y ago
What is worse, this 737-MAX issues appears to have been caused by under regulation, which has subsequently resulted in the needless deaths of many hundreds of passengers.
zepearl 8y ago
> What do you believe are some examples of things that are over regulated? Ok, this is a very good question. Thinking about it, I cannot think of any area I know about that is regulated, as a baseline, too much for my taste. BUT: E.g. 2 years ago I thought that the logs of my app (whiĉh is SOX-relevant - https://en.wikipedia.org/wiki/Sarbanes%E2%80%93Oxley_Act https://en.wikipedia.org/wiki/Sarbanes%E2%80%93Oxley_Act ) weren't nice, so after talking to the other team members I slightly changed them to e.g. align strings (using tabs instead of fixed chars) and posting more informative/detailed messages. When the auditors performed their review they saw that the new logs did not match the old ones (aaargh - string mismatch!!!) therefore we had to go over each change, checking why-it-was-done-by-whom-based_on_which_request_and_did_it_get_the_approval_to_go_live_and_was_it_reviewed_and_signed_off_by_business_after_go_live etc..., so an infinite pain. This is what over-regulation means technically for me :)
- ryguytilidie 8y ago
  I'm not trying to be a jerk, but you asked that we "not over-regulate everything" and you couldnt come up with a single example of over-regulated things and then brought up one issue in an app you made as why you brought up that "everything" is over-regulated? This logic makes me really sad. You're complaining about overregulation when under-regulation just killed 300 people because you had to make a few changes in an app once. Please think about this more deeply than, "I know a few hundred people died, but lets not respond too harshly and have me spend a few more hours on my apps". Please do that next time.
WalterBright 8y ago
In "Regulation of Pharmaceutical Innovation" Sam Pelzman shows with statistics that the increased safety of drugs is more than counterbalanced by the commensurate delays in approval of life saving treatments, along with new treatments never developed because of the cost of the approval process.
- zepearl 8y ago
  Sorry, I think that I don't understand meanings of the sentence => could you pls split it into smaller/simpler sections? Thx :)
  - WalterBright 8y ago
    Costly regulations slow down or prevent life-saving drugs from being developed.
    - HarryHirsch 8y ago
      In reality it's the financing model that works against new life-saving drugs. Goldman Sachs says it's the financing model. I'm inclined to believe them instead of a neocon think tank.
kalleboo 8y ago
I've read that in the US you need a license to cut people's hair for money. That seems like over-regulation to me.
ryguytilidie 8y ago
Just because I'm pretty stunned. The answers to the above question of "what are some things that are over-regulated?" in response to "everything is over-regulated" are: From the OP: "I CANT THINK OF ANYTHING" "Haircuts seem overregulated" "The drug approval process might move too slowly" So on one side we have "planes not crashing", "electrical codes being followed", "air quality not as bad as in Shanghai". On the other side we have "haircuts are over-regulated". Hmm, not sure which side I'm on here...

jussij 8y ago

What is worse, this 737-MAX issues appears to have been caused by under regulation, which has subsequently resulted in the needless deaths of many hundreds of passengers.

zepearl 8y ago

> What do you believe are some examples of things that are over regulated? Ok, this is a very good question. Thinking about it, I cannot think of any area I know about that is regulated, as a baseline, too much for my taste. BUT: E.g. 2 years ago I thought that the logs of my app (whiĉh is SOX-relevant - https://en.wikipedia.org/wiki/Sarbanes%E2%80%93Oxley_Act https://en.wikipedia.org/wiki/Sarbanes%E2%80%93Oxley_Act ) weren't nice, so after talking to the other team members I slightly changed them to e.g. align strings (using tabs instead of fixed chars) and posting more informative/detailed messages. When the auditors performed their review they saw that the new logs did not match the old ones (aaargh - string mismatch!!!) therefore we had to go over each change, checking why-it-was-done-by-whom-based_on_which_request_and_did_it_get_the_approval_to_go_live_and_was_it_reviewed_and_signed_off_by_business_after_go_live etc..., so an infinite pain. This is what over-regulation means technically for me :)

ryguytilidie 8y ago
I'm not trying to be a jerk, but you asked that we "not over-regulate everything" and you couldnt come up with a single example of over-regulated things and then brought up one issue in an app you made as why you brought up that "everything" is over-regulated? This logic makes me really sad. You're complaining about overregulation when under-regulation just killed 300 people because you had to make a few changes in an app once. Please think about this more deeply than, "I know a few hundred people died, but lets not respond too harshly and have me spend a few more hours on my apps". Please do that next time.

WalterBright 8y ago

In "Regulation of Pharmaceutical Innovation" Sam Pelzman shows with statistics that the increased safety of drugs is more than counterbalanced by the commensurate delays in approval of life saving treatments, along with new treatments never developed because of the cost of the approval process.

zepearl 8y ago
Sorry, I think that I don't understand meanings of the sentence => could you pls split it into smaller/simpler sections? Thx :)
- WalterBright 8y ago
  Costly regulations slow down or prevent life-saving drugs from being developed.
  - HarryHirsch 8y ago
    In reality it's the financing model that works against new life-saving drugs. Goldman Sachs says it's the financing model. I'm inclined to believe them instead of a neocon think tank.

kalleboo 8y ago

I've read that in the US you need a license to cut people's hair for money. That seems like over-regulation to me.

ryguytilidie 8y ago

Just because I'm pretty stunned. The answers to the above question of "what are some things that are over-regulated?" in response to "everything is over-regulated" are: From the OP: "I CANT THINK OF ANYTHING" "Haircuts seem overregulated" "The drug approval process might move too slowly" So on one side we have "planes not crashing", "electrical codes being followed", "air quality not as bad as in Shanghai". On the other side we have "haircuts are over-regulated". Hmm, not sure which side I'm on here...