[norea-armozel]

The absence of any data to keep Uber and Airbnb accountable is the problem. The current regulatory climate effectively black boxes the entire situation. Uber can cut corners in legal grey areas because the governments have no clue what actually is going on said areas. If they did, then regulators would be able to act (fine, issue injunctions to stop service, and etc), but obviously they can't because of what I've mentioned.

[fiatmoney]

The fact that no one notices or cares when the regulations are broken strongly indicates the regulations have no useful effect.

[norea-armozel]

I agree up to a point. It's pretty clear that regulations in certain spheres like car and food safety have largely created a culture that doesn't universally cut corners. Then again, killing off a good portion of your customer base would do the same thing I guess as no one would want to buy your products if they have a good chance of dying from them.