> Some of the most explosive tech companies today benefit intensely from various pockets of regulation: Spotify and Netflix[...]; Lyft and Uber [...]; Stripe, S

> Some of the most explosive tech companies today benefit intensely from various pockets of regulation: Spotify and Netflix[...]; Lyft and Uber [...]; Stripe, Square, and even much of Mr. Thiel’s early success at PayPal [...]. And don’t forget the Internet itself [...] All his examples are bogus/fallacies. > without copyright law, for instance, no one would pay for those services If copyright law did not exist and people did not pay for the artists, artists would have no incentive to compose/perform/record/distribute their work. That would create the incentive for people to pay for those services. As lawl pointed out, people already pay for these services for their convenience. > ever been to a country without paved roads? The private sector would happily pave the entire world. Road pavement is not something only the government can do. We have numerous examples of roads built by the private sector (private toll roads, anyone?). > without SEC regulations to limit our financial losses on identity theft, who would so freely hand out their credit card information? The same people who would use a credit card in the first place. > And don’t forget the Internet itself, which began as a scientific communications network started by the government. Really? How can you predict it would not be created in some other form by the private sector?