5 ms·
I think it stems from the fear of this representing a missed opportunity for them to make it, closed by regulators. I believed that once, but companies show ov
by libertine 7y ago
I think it stems from the fear of this representing a missed opportunity for them to make it, closed by regulators.
I believed that once, but companies show over and over again that the lack of regulation comes at a greater cost than their gains, and the gains for the society - and I, as a tax payer, am not willing to see the shit I help to pay for getting abused.
For example, Peter Thiel idea for the monopoly argument makes sense, but he doesn't account for (or doesn't want to): government pressure and greed.
The idea that the monopoly is the dream for tech development keeps showing it's no dream at all in the end, it's a nightmare with massive costs: mental health, international policy, environment, cultural, etc.