our failure is in trying to pawn off all responsibility to remote agencies and institutions, raher than the parts best-suited for them (bureaucracies are reasonably good at following rules and doing the same thing over and over), and accepting that we can't each absolve ourselves from some of that responsibility.

we want some best-suited regulation, the minimum needed to achieve reasonable safety, and no less, but also no more. regulation isn't good for every tiny tail risk we can imagine, as we see with the housing crisis (in major cities).

A key difference in this bureaucracy is their speed of change. Companies can react rapidly to new technology, new scenarios, and they do so on an economic model.

Gov'ts move slowly and lag technology or current events, they do so on a popularity/political power model.

bigger governments create more rent opportunities.

https://www.libertarianism.org/blog/introduction-rent-seekin...

Additionally- companies can react intentionally slowly to squander and choke new technologies and scenarios, also doing so on an economic model.

If the government requires an unnecessarily burdensome design, you're screwed.

If they do so then said technologies were not real opportunities. If they're opportunities then competitors will generate more value and/or less cost.