>There’s this myth that government regulation is well intentioned and benign, and implemented properly. That’s the myth. And then when people actually run into this in the real world, they’re, “Oh, fuck, I didn’t realize.”
To his point, you really do get the sense that, on balance, people are becoming more libertarian, and a lot of that has been catalyzed by technology disrupting entrenched business models that have benefitted from regulatory protectionism.
Funny, because from a European perspective I get the sense that SV libertarianism (accompanied by a complete lack of ethics) is leading to a backlash where people are demanding stronger consumer-, labor- and privacy- protection.
I would say the reaction in the real world tends to be "Oh, fuck, those regulations are good for something after all."
You are right in a sense. I think people are demanding more flexible, realistic and more consumer favourable laws. Rather than the rigid structures that are in currently in place.
I would say that they're just asking for new laws to meet the need of the moment, and I'm not even very libertarian. I mean, I'm sure they'd describe them the way you have but it's not clear to me that there's substance to the characterization.
To his point, you really do get the sense that, on balance, people are becoming more libertarian, and a lot of that has been catalyzed by technology disrupting entrenched business models that have benefitted from regulatory protectionism.