1. We have seen a major period (past decade) of "wild west" online where
platforms could reap but not regulate.
From AirBNB renting out homes not legally entitled to, uber validating people who assaulted passengers, to whatever this verification thing is, this period is well and truly over.
2. The problem is we don't actually know what regulation we actually want. More and more we seem to find that regulation in modern world is ... less than we expect. The SEC mostly regulated by retroactive "no", professions similarly.
The problem is that's fine on a case by case basis, it's not how you can code up something to discover at the scale we see.
Facebook could not cope with nursing mothers groups at their beginnings and most professions are at the same level.
It's not bad but it certainly seems all the regulation we have is retroactive and not codified.
Or is it just we had cosy situations between regulators and regulated. And new entrants, sneaky or otherwise broke that
1. We have seen a major period (past decade) of "wild west" online where platforms could reap but not regulate.
From AirBNB renting out homes not legally entitled to, uber validating people who assaulted passengers, to whatever this verification thing is, this period is well and truly over.
2. The problem is we don't actually know what regulation we actually want. More and more we seem to find that regulation in modern world is ... less than we expect. The SEC mostly regulated by retroactive "no", professions similarly.
The problem is that's fine on a case by case basis, it's not how you can code up something to discover at the scale we see.
Facebook could not cope with nursing mothers groups at their beginnings and most professions are at the same level.
It's not bad but it certainly seems all the regulation we have is retroactive and not codified.
Or is it just we had cosy situations between regulators and regulated. And new entrants, sneaky or otherwise broke that