Thank you for saying this. Sometimes I feel like I'm insane in that no one seems to acknowledge that many of these businesses are simply skirting real regulations because "internet" as you say so succinctly (e.g. PayPal skirting banking laws, Uber skirting Taxi laws, Amazon skirting tax laws etc.). Thankfully, it didn't/doesn't work in every country/case but it's apalling how often it did work.

btw. I'm all for interruption but please... it shouldn't be through these means (at least not on this scale).

> Amazon skirting tax laws

Never forget "skirting consumer product safety regulations and trademark protections". Their entire retail business at this point is no more subject to regulation than buying "designer" handbags off some dude's street stand.

> authorities can see through the shit-show.

No, they hire the authorities, and the shit-show goes on forever. The gig is only up when they've passed their overvalued business on to late investors, who demand to be paid through strategic neglect of core functions, price rises to rational market values (or higher), and moonshot PR.