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Comment by vasco

16 hours ago

> The companies are begging to be regulated for this reason and have been doing so for years

Regulations are rules that you force on a market, but the actors in the market should not be assumed to be all operating against the regulations before they come into play. Said in other words, these companies don't need to wait for regulation to not destroy the world, if that's truly what they think will happen.

> inb4 someone else will do it

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vasco

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owebmaster  14 hours ago

> these companies don't need to wait for regulation to not destroy the world, if that's truly what they think will happen.

They believe that if they don't destroy the world someone else will so better be them

  • dpark  9 hours ago

    Exactly this. “I want to win the market. I would prefer that it be a regulated market, but if not, so be it. I’m still playing to win.”