← Back to context

Comment by pphysch

1 month ago

It's standard regulatory capture.

You don't say "let's ban my competitor".

You say "let's create laws that make it uneconomical for my competitor to access the market".

Indeed. It's transparent and ham-fisted. I think it may cost him in the future.

  • People clown on Alex Karp for his unedited maniacal "crashouts", but this is a real public crashout that made it past a team of publicists.

is it opportunistic though, or planned from day one? The safety narrative has been there since the beginning