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The problem isn’t a lack of regulation. Increased regulation could be a partial solution. The problem is a weak economic model. In the online economy software
by austincheney 7y ago
The problem isn’t a lack of regulation. Increased regulation could be a partial solution.
The problem is a weak economic model. In the online economy software (products) have little or no value. The value is placed almost entirely upon media and data transactions. Those two are symbiotic but they are neither the same nor codependent. This economic model is what needs to be fixed.
Entrepreneurs out there if you want to do good for the world, make absurd money, and be disruptive then that economic model is what you should disrupt. Go, disrupt the shit out of it.