Re:Software will eat software in a remote-first world
by donw on Monday May 25, 2020 @03:41AM
(#23298938)
That's a good example -- and another "coordination problem" at that, which is one of the types of problems where appropriate government action may be the most efficient solution.
Re:Software will eat software in a remote-first world
by donw on Monday May 25, 2020 @09:57AM
(#23301157)
Addendum: I'm seeing a common theme in the responses.
When there's a coordination problem, but the equilibria state is unsustainable (such as overfishing) or lower-value (imagine competing electric grids with different voltages and frequencies), then government regulation can be useful by either imposing unilateral costs, and/or by defining a common standard.
There is the issue of avoiding regulatory capture, but I suppose that's for another time. :)
Government policies are enabling better efficiency of optical fiber infrastructure usage, without requiring multiple vendors to do the most expensive and least rewarding part of servicing internet: digging trenches for wires.
[0] https://www.government.se/496173/contentassets/afe9f1cfeaac4...