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I wouldn't say that. But doing _something_ isn't automatically better than doing nothing, particularly when the tools are blunt and those wielding them are inex
by timsneath 6y ago
I wouldn't say that. But doing _something_ isn't automatically better than doing nothing, particularly when the tools are blunt and those wielding them are inexpert in the domain to which they're being applied.
There are no easy solutions here. But I agree strongly with your premise of "incentivizing companies to do better", and I suspect there are other means than regulation to achieve that goal.
- aspenmayer 6y agoCan you give some examples of the alternatives to regulation you refer to?
- timsneath 6y agoHistorically, companies as well as individuals respond well to economic incentive (both positive and negative). As an example from a different industry, carbon credits have created a market that encourages and rewards green activity; taxation on products and services that are perceived as "negative" acts as a constraint on supply and demand. Equally, the government itself is a huge purchaser of services and has undue influence in how companies behave. The desire for companies to win federal and military contracts allows governments significant leverage; perhaps not in the Facebook case, but certainly in areas like cloud.