4 ms·
Regulations are accumulative though, not just relative to your era. So a critique in 2023 would be more relevant than one in 1970 as the pure scale of it has in
by dmix 3y ago
Regulations are accumulative though, not just relative to your era. So a critique in 2023 would be more relevant than one in 1970 as the pure scale of it has increased dramatically.
I've seen a few graphs showing staffing counts and budgets for US regulatory agencies have grown exponentially since the 1970s (adjusted for inflation), while it was relatively flat before then in the 60s. Economic regulation growth in the US has grown steadily while social regulations (workplace, climate, healthcare, transportation etc) grew dramatically. Adding in TSA / Homeland security and it's a hockey stick.
https://regulatorystudies.columbian.gwu.edu/sites/g/files/zaxdzs4751/files/downloads/RegulatorsBudget/GW%20Reg%20Studies%20-%20FY2017%20Regulators%20Budget%20-%20SDudley%20and%20MWarren.pdf https://regulatorystudies.columbian.gwu.edu/sites/g/files/za...
I'd be curious to see similar charts for the EU.
- pavlov 3y agoThe EU’s new AI Act is the first regulatory action in the world targeted specifically at AI models. In that sense it’s now 1970 for this domain specifically.
- gopher_space 3y agoIn a democracy I'd expect regulation to grow alongside population and productivity. It would be interesting if it didn't, actually.