Re:Ask HN: I’m an FCC Commissioner proposing regulation of I...
by dcsommer on Tuesday September 05, 2023 @10:44PM
(#37400789)
A fair point. However, what are we optimizing for? An open/fair market, or consumer safety? Balance is key, but I'm interested in any counter proposals that do a better job.
Re:Ask HN: I’m an FCC Commissioner proposing regulation of I...
by Robotbeat on Wednesday September 06, 2023 @12:19PM
(#37407313)
Consumer safety is long term optimized by having competition. Multi-goal optimization is essential. Try to optimize for just one thing and you’ll quickly go off the rails as a regulator.
The goal of any regulatory agency must be to ensure as much safety as can be done while preserving the ability of small players to enter the field and compete & while keeping the costs low for consumers. Otherwise, safety becomes a rationale that larger corporations are excellent at spinning to justify more regulatory moats.