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Regulatory entrepreneurship in action. Dodging regulations that apply to competitors is what has allowed (Uber, Airbnb, crypto, AI, etc.) to prosper. (Also payp
by musicale 1y ago
Regulatory entrepreneurship in action. Dodging regulations that apply to competitors is what has allowed (Uber, Airbnb, crypto, AI, etc.) to prosper. (Also paypal when they evaded banking regulations, amazon when they evaded sales tax, ...)
Crypto and AI are now going the distance with massive lobbying to change the law in their favor.
- deleted 1y ago[deleted]