Comment by frenchyatwork
6 years ago
> regulating this space of tech will only lead to less innovation
You might be ultimately right about this, but you certainly haven't proved it. A common theme is a large company will use its leverage to make a product that is better and cheaper than the alternatives, demolish their competition, and the sit on their laurels for the next decade, with the exception of a few updates that provide vendor specific features to encourage vendor lock-in.
In short, Occulus could become the new IE 5/6.
I wasn’t really trying to prove that point, I also didn’t think it needs proving. But your point somewhat does it I think. There are many examples in tech specifically over the last couple of decades on how free unregulated competition was the reason why we had accelerated development, lower cost, and “democratizations” of tools and information. As long as there’s no regulation preventing others from coming up with a better solution (however “better” is defined), there’s no reason why others can’t come up with a viable alternative. Friendster -> MySpace -> Facebag. IE -> FF and Chrome. Nokias -> iPhone and co, and so on.