Re:Economists are revising their views on robots and jobs
by mellavora on Wednesday January 26, 2022 @03:00AM
(#30082972)
Well, yes you do, because the spreadsheets make it easier for the regulators to add more regulation.
Think: there used to be a theoretical limit to how much regulation could exist, because the regs had to be known by a person (otherwise how are they enforced?).
Now we have regtech. A whole industry built on automating compliance.
How long before each individual needs a regtech software program (or two!) just to function in society? I'm not talking about tax filing, that's just the start.
Think: there used to be a theoretical limit to how much regulation could exist, because the regs had to be known by a person (otherwise how are they enforced?).
Now we have regtech. A whole industry built on automating compliance.
How long before each individual needs a regtech software program (or two!) just to function in society? I'm not talking about tax filing, that's just the start.