Re:Homeowners faced an Airbnb nightmare as renters left them...
by sliverstorm on Saturday September 02, 2017 @04:33PM
(#15158052)
People hate regulations until they get screwed, and suddenly they understand that sometimes regulations exist for a reason
I love this quote:
Which is funnier: tech bros innovating their way to public transit, or bitcoin folks slowly reinventing financial regulation?
AirBnB, of course, is on a similar path.
I'm with you though, Uber, AirBnB, both seem to be good new age examples of the business strategy privatize the gains, socialize the risk/losses. Usually the company passes the taxpayer the bill; here, instead, a new patsy has been found.
I love this quote:
Which is funnier: tech bros innovating their way to public transit, or bitcoin folks slowly reinventing financial regulation?
AirBnB, of course, is on a similar path.
I'm with you though, Uber, AirBnB, both seem to be good new age examples of the business strategy privatize the gains, socialize the risk/losses. Usually the company passes the taxpayer the bill; here, instead, a new patsy has been found.