[dulse]

Interesting. What's your thinking for #1, #2, and #4? (I'm asking genuinely).

Another I'll add from my list: "The social costs and spillover of disruption are not fairly priced today, representing a market failure; it's a problem akin to pollution in pre-regulation 19th century manufacturing."

The election of Trump and enthusiasm to "build a wall" to protect manufacturing jobs reflects a real pain felt by a large number (maybe the majority) of Americans who are scared about their future job prospects and inability to provide for their families; many tech companies today are making their problems worse. These externalities are being foisted on society and these workers, who are not involved in the disrupting technology itself, and the companies have no obligation to pay for this cost.

An assumption that disruption will "work itself out in the long run" isn't acceptable (nor is it necessarily true). I think it's like environmental pollution in the 70's, before we had the EPA to penalize the behavior. It's also accelerating, and could reach a tipping point that would put serious risks on our political system and social fabric.