Man, the more I read stories like this about AirBnB the more I want them to fail. People hate regulations until they get screwed, and suddenly they understand that sometimes regulations exist for a reason. Beyond that though, what I despise is that AirBnB seems to reap all the profits and accept none of the blame. They fought to avoid paying taxes and whined when they lost, they refuse to take down listings when pres…
> Man, the more I read stories like this about AirBnB the more I want them to fail. People hate regulations until they get screwed, and suddenly they understand that sometimes regulations exist for a reason. Frankly, I feel the same about every single one of the prominent "sharing economy" / "gig economy" companies. Uber/Lyft and AirBnB just seem to be the worst of them because they're the most visible of the visible…
This is true, but in some ways I think it's been a good shock to the system. For example, I think taxi regulation is being rethought and that wouldn't have happened without Uber.