3min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E13: SPACsgiving Special! More promising vaccine news, innovation vs. regulation, reforming higher ed, morality of challenge trials & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Innovations Happen So Fast on the Internet

The reason why innovations happen so fast on the inner net is because of, you know, one word, permissionless. Nobody who has an idea for a start up needs to go get permission from someone in the government repeatedly. That's really what makes the difference. And i wonder maybe whether the new deal and r sort of like our version of f d r, over the next, i don't know, ten years, is the person that actually says, guys, we're going to have a wholesale rerigt of the regulatory interstructure to account for technology,. just period.

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