Technology is about to accelerate. Because Chevron deference is over
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Re: Technology is about to accelerate. Because Chevron deference is over
#2This argument hinges on the premise of regulators not being able to make up new rules anymore. However this isn't the case, they can still do that. The difference is now you can more effectively challenge those rules in federal courts.
But to challenge regulators in federal court will still require a lot of legal resources, which means small guys will still be effectively bound by the rules but large companies will be relatively untethered. Those large players are simultaneously less likely to innovate anyway due to being large and therefore more ossified in their thinking and a tendency to protect their present products and organization structures. Therefore I think the acceleration will be far less pronounced than the OP post suggests.
Re: Technology is about to accelerate. Because Chevron deference is over
#3It's important to note that balajis is anti-regulation, so his bias points out all the downsides of Chevron while ignoring the benefits.
Re: Technology is about to accelerate. Because Chevron deference is over
#4I look forward to hearing all about how liberals and regulations will be to blame for the negative impacts of a world where corporations are unfettered by regulations.
Maybe if we just give them _more_ power it will all just work out. Maybe the Supreme Court will rule that the Second Amendment means that Fortune 500 companies have an inalienable right to own nuclear weapons.
Re: Technology is about to accelerate. Because Chevron deference is over
#5The examples are so horrendous I thought it was satire. I can’t wait for genome, cryptocurrency, and nuclear power startups to “move fast and break things” and screw up so badly and remind us why we had these regulations to begin with.
Re: Technology is about to accelerate. Because Chevron deference is over
#6Really poorly written tweet which is long without being more than talking points for people who already agree
Re: Technology is about to accelerate. Because Chevron deference is over
#7The examples are so horrendous I thought it was satire. I can’t wait for genome, cryptocurrency, and nuclear power startups to “move fast and break things” and screw up so badly and remind us why we had these regulations to begin with.
It's especially cringe how he mocks safety by putting it in quotes
Re: Technology is about to accelerate. Because Chevron deference is over
#8The examples are so horrendous I thought it was satire. I can’t wait for genome, cryptocurrency, and nuclear power startups to “move fast and break things” and screw up so badly and remind us why we had these regulations to begin with.
My reaction to genomics, nuclear power, cryptocurrency was “one of these is not like the others.”
Re: Technology is about to accelerate. Because Chevron deference is over
#9I find it interesting how the culture in the US is to chastize China for its "anything goes" policies when it comes to entrepreneurship, while simultaneously lamenting how regulation kills innovation.
You kind of can't both say "damn those Chinese for not respecting IP and stealing my hard work" and also "I don't want regulation, I want to be able to do whatever I want". Or do you not consider IP protection laws regulation?
Re: Technology is about to accelerate. Because Chevron deference is over
#10It's important to note that balajis is anti-regulation, so his bias points out all the downsides of Chevron while ignoring the benefits.
What were the benefits? The problem I have with the system is that if there was some concept that 'needed' to be regulated, there's absolutely nothing stopping Congress from doing so. In fact there's also nothing stopping various regulatory agencies from doing so. But Chevron deference essentially removed the check-and-balance that the judicial system provided, in cases where regulators may have gone beyond their legal authority, or even contravened it.