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by TeMPOraL 458 days ago
Again, the "revolutionary" aspect that made Uber and AirBnB big names, as opposed to any of the plethora of competitors who were doing the same thing at the same time or before, is that these two gained "innovative" competitive advantage by breaking the law around the world.

Obviously you can get ahead if you ignore the rules everyone else plays by.

If we throw away the laws, there's a lot more unrealized "innovation" waiting.

1 comments

The taxi cab companies were free to innovate and create their own app. And we could continue to have drivers who's credit card machine didn't work until suddenly it does because you don't have any cash. Regulatory capture is anti-capitalism.

Yes, let's throw away the bad laws that are only there to prop up ossified power structures that exist for no good reason, and innovate!

Some laws are good, some laws are bad. we don't have to agree on which ones are which, but it's an oversimplification to frame it as merely that.