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Regulatory capture is a risk. The FAA allowed the max to be certified, and resisted grounding it after accidents. That is terrible, and there were congressional
by jameshart 3y ago
Regulatory capture is a risk. The FAA allowed the max to be certified, and resisted grounding it after accidents. That is terrible, and there were congressional enquiries and legal settlements in the billions for Boeing - including several specifically for manipulating and misleading regulators. That all sounds like an argument for better regulatory oversight rather than no regulation.
- artyom 3y agoI wasn't against regulatory oversight. I was mentioning that it's a system as flawed as everything else if you just expect it to work. Also I'd like this kind of direct life threatening decisions to become criminal charges (not just fines) for the ones signing them off, please, including in software regulations.