> A registry is a plausible idea, but in general, this article seems to assume by default that regulators are always wise and benevolent This article doesn't s

> A registry is a plausible idea, but in general, this article seems to assume by default that regulators are always wise and benevolent This article doesn't seem to say that regulators are wise and benevolent. It looked like the author was, in fact, troubled by the lack of regulation as cited here: > The root of the problem, of course, is money. In medicine, progress is driven by innovation, and, in our society, innovation is driven by profit. “Among implant manufacturers,” Schneider writes, “market analysis drives research and consideration of device innovation.” The implantable-device industry is even more lucrative, for many companies, than the pharmaceutical industry is. At the largest companies, operating-profit margins are typically twenty-five per cent or higher. In 2014, the industry’s over-all estimated revenues totalled more than a hundred and thirty-six billion dollars. > The financial incentives within this industry are one of the reasons that its lack of regulation is troubling.