5 ms·
Would you say the same things about FDA regulations? As a programmer who used to work on medical devices, these sound pretty similar like the FDA regulations w
by aqme28 3y ago
Would you say the same things about FDA regulations?
As a programmer who used to work on medical devices, these sound pretty similar like the FDA regulations we dealt with. The goal isn't to stifle innovation, it's to keep scammers and crooks out of the market and make things better for everyone. The EU doesn't want another Thalidomide, and the US shouldn't want another Theranos.
- hef19898 3y agoSometimes it feels like allowing scammers and crooks is kind of the goal, isn't it?
- renjimen 3y agoWhat? I don’t follow the logic. How could regulation in favour of protecting the rights of citizens over corporations be intentionally facilitating scammers?
- hef19898 3y agoI meant that being to scam people is an actual goal of people opossing rwgulations like the discussed AI act or GDPR. Or financial regulations, the whole crypto space, last weeks over hyped society saving tech, is built on the assumption financial reulations don't apply to crypto. I am all in favor of reasonable, individual rights protecting regulation. The EU AI act might just be one, as is GDPR.
- renjimen 3y agoAh, sorry. I guess I misunderstood. Thanks for clarifying!
- konschubert 3y agoI am not calling to abolish all regulation. But please consider this: How many people’s lives could have been saved if FDA regulations didn’t make medical approvals take 10 years? How many life-saving medications could have been invented if the cost of approval didn’t limit innovation to the biggest companies?
- hef19898 3y agoHistory has those answers, recent history I mean. E.g. Contergan. Medical regulations are written in literal blood and dead people. Really good example for Chesterton's fence.
- konschubert 3y agoMaybe we would have a cure for most cancer by now. You cannot see the damage done by regulation, but it exists. Regulation is always a trade-off. It’s not “us vs them”. It’s us vs us.
- hef19898 3y agoJesus, no idea what to say here... Just one thing: mRNA vaccines, coming out of cancer treatment research, one of the most sucessful companies is actually German, and they use the mountains of cash they made during Covid, partnering with Pfizer on Covid vaccines, to really push the cancer research. Unregulated medical research is bad, like in really, literall Nazi doctor bad. Shocking it still has to pointed out...
- zeroonetwothree 3y agothis is a straw man, less regulation does not immediately mean Nazis. I mean come on be reasonable
- hef19898 3y agoA buncjlh of the EU rules around medical research and drug development is, in fact, based on experience with leteral Nazo experimentation done by the likes of Dr. Mengele. Dor once not an internet drope, but rather historical fact.
- aqme28 3y agoAnd how many have been saved because medical approvals are difficult? We don’t know! But to ask incredulously about only one side of these questions is disingenuous.