2 ms·
funny, yet false. there are clear benefits to having the FDA, SEC, FTC, EPA and so on around. there's a clear benefit to having fire inspectors, and there's a
by pas 3y ago
funny, yet false.
there are clear benefits to having the FDA, SEC, FTC, EPA and so on around. there's a clear benefit to having fire inspectors, and there's a clear benefit to the mandate of 2 stairs per multi-story building. there's a clear benefit to the requirement of demonstration of efficacy in front of the FDA. there's a clear benefit to having clean air.
of course there are clear drawbacks too. most of Europe is perfectly okay with just 1 stair per such building. FDA processes are slow and expensive, even if a drug has proven safe and effective abroad.
regulatory capture is a problem, the super-long intellectual property terms are a problem. using environmental review laws for endless NIMBYism is a problem.
but these are arguments for reform, not for scorched earth, because then the problems will very likely come back.
of course it's very hard to do proper cost-benefit comparisons, yet that doesn't mean it's impossible, and especially doesn't mean that simply getting rid of these controls will deliver utopia overnight.
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funny, how we're talking about some hypothetical oversight, while right now in the present the big beneficiaries of AI are hyper-big-fucking-corps. MSFT. Google. Tesla. Apple. Amazon.
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Subversive tech? Like Pegasus? And face recognition? And the Great Firewall of China?
- matheusmoreira 3y ago> but these are arguments for reform, not for scorched earth We're never going to "reform" this system. We're up against trillion dollar industries with unlimited lobbying power, governments bold enough to ignore the constitutional rights of their own citizens.
- pas 3y ago... that again seems like a very useless model of the world. regulations change, sometimes for the worse sometimes for the better. of course we know that when populism flies high and the wolves are elected to keep the sheep safe, well, you know, we have always been at war with Oceania. Supreme Court justices were always allowed to accept gifts. social movements, radicals come and go, trillion dollar industries can too.