Earlier quoted context omitted.
In free market it's also OK to cut costs as much as possible, making chair that explode and kill the user one day after the warranty expires. That's why we have regulation: to establish the minimum standards. Simple medical devices like wheelchairs (Class I or Class II) are also not super over-regulated, you don't need to do clinical trials to certify them. All-in-all it'll cost you around $10m, which is not at all a…
> All-in-all it'll cost you around $10m, which is not at all a moat. Ok, I know we’re assuming electric wheel chairs, we don’t want fires or stuck accelerators, but really? This is still fairly close to literally reinventing the wheel, or adding complexity, a RC car. It’s pretty sad to think this level of almost Stone Age technology only needs a 10 million dollar investment to bootstrap.
It's really not. If your chair overturns and traps a disabled user, it can be a death sentence for them. If your battery starts burning, your user _might_ _not_ _be_ _able_ to escape the flame.