[untangle]

And Paypal stretched banking laws. And Youtube was built on the back of countless music and TV videos under copyright. And Airbnb played/plays free & loose with hoteling laws. And Uber with taxi rules. The list is long, and the excesses are large. Move fast and break things. Become too big to fail. This is nothing new. It is core to technological advancement and capitalist enablement.

[benreesman]

It’s not a long-standing pillar of either technological advancement or a robust return for investors. I’ll spare you the essay unless we really want to get into it, but a book I’d recommend to anyone (“The Idea Factory” about the Bell Era in general and the Labs in particular) is both a must-read for any technologist and utterly demolishes that trope into the bargain.