2min chapter

From the New World cover image

Byrne Hobart: Over- and Under-Correction in Tech

From the New World

CHAPTER

The Trade-Off Between Aggressive and Passive Approaches to Regulation

There's kind of trade off when dealing with regulation here to aggressive or come to passive. Small companies don't know what the rules are and violate them, it's not a huge deal because they're small. Big companies tend to be pretty risk averse but that's alsoQuite prudent like even if at the senior level if you could say we're going to do something where we think it has positive expected value.

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