imo a better term is "questioning the rules" breaking implies that they are broken afterwards the goal should be to rethink/adapt them if they are outdated
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Ding ding ding
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I had an eighth grade social studies teacher who used to tell us if you want to change a law, the first thing you have to do is break it. Then be ready to fight it.
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Except if you aren't working in a democracy. Dubai has one of the highest AirBNB rates, Ride sharing rates, telecom rates (no free VoIP), & about any other rates. One can't overcome regulation here. Govt demands hefty fees for the privilege of operating here.
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Regs protect the incumbents too, in addition to protecting the customer.
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Not a prerequisite. The innovation breaks regulation but creates value for people. The companies then exert political pressure to create regulatory capture in their own favor, and thus becoming incumbents themselves to be disrupted by future startups.
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What about the recent work done by
@ATabarrok showing no correlation between regulatory burden and dynamism? Does that mean the regulations don't matter because people will just break them when necessary? I'm skeptical that can fully explain the findings.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Many of those companies then try to get rules created to protect their new business model.
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The trouble here is defining "rules" in any meaningful way. Google broke "the rules" of browsing with better search. Uber broke the law. Airbnb seemed to do that less so with the same model. Seems like there may be middle ground...
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Kind of like Facebook?
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Well said! Both take guts.
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At the end of the day it really is like a free-for-all, only the strongest survive
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Yes. An important clarification. The object is not to break rules, but to improve or invent something, which often involves breaking rules in the process.
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