2 ms·
"The vast majority of the people who use [it] benefit from it" is true of many products that are correctly removed from the market because of the size of the mi
by dasht 15y ago
"The vast majority of the people who use [it] benefit from it" is true of many products that are correctly removed from the market because of the size of the minority that suffer and the scale of their injury -- weighed against the benefit to other users and society as a whole.
More importantly, though, the scope of the risk of airbnb is enormous and past performance is not a reliable indicator of future success. As these two examples of bad experiences have shown, the system can be gamed. As a larger and larger number of bad guys learn that this system can be gamed (and how) -- exploits as a percentage of use and percentage of value received (insofar as you can quantify that) will, it seems to me, almost certainly grow.