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Treating the idea of regulation as a binary operation makes this problem seem artificially harder than it really is. If regulations scaled proportional to marke
by jonbronson 7y ago
Treating the idea of regulation as a binary operation makes this problem seem artificially harder than it really is. If regulations scaled proportional to market impact/value, then you can still have smaller companies that can afford to innovate without clamping down, because the impact of their usage is small. Similarly, you can expect more from larger companies with massive influence, because firstly, the vastness of their influence matters more, and secondly, because of that influence, they also have much higher revenues and can afford to make those changes.
We need to enter an era of more fluid and dynamic regulations.