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by chacha2
1925 days ago
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> 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. |
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If we didn't have as many regulations, his "ideal" would be innovation in something "better."