The tech industry likes places geographically distant from Washington DC. They also like unregulated activities. Like software monopolies, ad-tech, crypto, gigs

The tech industry likes places geographically distant from Washington DC. They also like unregulated activities. Like software monopolies, ad-tech, crypto, gigs, the metaverse, etc. (and now, AI). If it's too new or too abstract to be illegal, you will find a California company for it. The race for technological advancement is not to make the world a better place, it's a race against legislation to find things that are not yet regulated and profit for them for as long as possible. 1. Enter unregulated market 2. Profit as much as possible 3. Use lobby to keep regulation away 4. Once it's so regulated that it's hard to make money from it, find another unregulated thing to do Examples: Google's Doubleclick fiasco, Uber, Airbnb, Coinbase, etc.