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Here is the logic behind #6 being in the list: Many attractive markets are heavily regulated. Just ask Uber. Think of customs, law enforcement, transportation,
by yurylifshits 13y ago
Here is the logic behind #6 being in the list:
Many attractive markets are heavily regulated. Just ask Uber. Think of customs, law enforcement, transportation, education, finance, health. So far, tech industry is doing great in unregulated industries and has a lot of tough barriers in government controlled areas.
Any step towards more liberties is a sign that new previously regulated markets can open up for innovation.
- saraid216 13y agoThat's not an argument that it is good for the tech industry. That's an argument that it is good for everyone-everywhere. You may as well claim that the Emancipation Proclamation was good for the timber industry.