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Practically or functionally? Airbnb was invented by people posting on craigslist message boards, and even existed before the Internet, if you had rich friends with spare apartments. But by packaging it up into an online platform it became a company with 2.5 billion in revenue last year. So you can dismiss ordering from a screen instead of looking at a piece of paper and using the phone as not being revolutionary, because of you squint, they're the same thing, but I can now order take out for restaurants I previously would never have ordered from, and Uber Eats generated $13.7 billion in revenue last year, up from 12.2.


Again, the "revolutionary" aspect that made Uber and AirBnB big names, as opposed to any of the plethora of competitors who were doing the same thing at the same time or before, is that these two gained "innovative" competitive advantage by breaking the law around the world.

Obviously you can get ahead if you ignore the rules everyone else plays by.

If we throw away the laws, there's a lot more unrealized "innovation" waiting.


The taxi cab companies were free to innovate and create their own app. And we could continue to have drivers who's credit card machine didn't work until suddenly it does because you don't have any cash. Regulatory capture is anti-capitalism.

Yes, let's throw away the bad laws that are only there to prop up ossified power structures that exist for no good reason, and innovate!

Some laws are good, some laws are bad. we don't have to agree on which ones are which, but it's an oversimplification to frame it as merely that.




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