Hacker News new | ask | show | jobs
by chacha2 1925 days ago
> To paraphrase Peter Thiel, new technology is probably so fertile and productive simply because there are so few rules. It’s essentially illegal for you to build anything physical these days from a toothbrush (FDA regulates that) to a skyscraper, but there’s zero restriction on creating a website. Hence, that’s where all the value is today.

If websites are this man’s ideal, thank god for regulations.

1 comments

It's inaccurate to say that websites are his ideal, just the first example in his book "Zero to One" of minimal regulation producing maximal innovation.

If we didn't have as many regulations, his "ideal" would be innovation in something "better."