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AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

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Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

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    Austen Allred‏Verified account @AustenAllred Sep 13

    Austen Allred Retweeted Noah Smith

    This is the thing so many people get wrong. Companies breaking the rules isn’t the innovation, but it is a *prerequisite to* innovation in many industries.https://twitter.com/Noahpinion/status/1040309584634630144 …

    Austen Allred added,

    Noah SmithVerified account @Noahpinion
    If you ask me, I think it's a worrying sign when our top "technology" companies' main "innovation" is just breaking more rules. It seems to suggest both that we have too many rules, AND that actual innovation is slowing down. https://twitter.com/ne0liberal/status/1040283323095044096 …
    1:04 PM - 13 Sep 2018
    • 22 Retweets
    • 180 Likes
    • Harrington Helder Gonçalves Trevor McKendrick Matt "summoning arachnogods" Olson Chang Liu Jowe Hernandez Harry Heymann Jared Cosulich Cryptarchist
    13 replies 22 retweets 180 likes
      1. Andreas Klinger  ✌️‏Verified account @andreasklinger Sep 13
        Replying to @AustenAllred

        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the rules" breaking implies that they are broken afterwards the goal should be to rethink/adapt them if they are outdated

        0 replies 0 retweets 7 likes
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      1. Neoliberal  🦃‏ @ne0liberal Sep 13
        Replying to @AustenAllred

        Ding ding ding

        0 replies 0 retweets 6 likes
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      1. brandon cardwell‏ @bwcard Sep 13
        Replying to @AustenAllred

        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.

        0 replies 0 retweets 3 likes
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      1. Shaheeda Abdul Kader‏ @saq3 Sep 13
        Replying to @AustenAllred

        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.

        0 replies 0 retweets 1 like
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      1. i have one‏ @realistgrower Sep 13
        Replying to @AustenAllred

        Regs protect the incumbents too, in addition to protecting the customer.

        0 replies 0 retweets 1 like
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      1. New conversation
      2. Vivek Ponnaiyan‏ @viveksworld Sep 14
        Replying to @AustenAllred @RyanQasem

        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.

        1 reply 0 retweets 1 like
      3. 1 more reply
      1. Daniel Smith  🌐‏ @DJSmith8706 Sep 14
        Replying to @AustenAllred @ne0liberal

        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.

        0 replies 0 retweets 0 likes
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      1. Cole Dutcher‏ @coledutcher Sep 13
        Replying to @AustenAllred

        Many of those companies then try to get rules created to protect their new business model.

        0 replies 0 retweets 0 likes
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      1. Chris Welter‏ @ProfWelter Sep 13
        Replying to @AustenAllred

        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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      1. Gottaminute‏ @Gottaminute1 Sep 13
        Replying to @AustenAllred

        Kind of like Facebook? #facebook

        0 replies 0 retweets 0 likes
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      1. JOSEY  🦅‏ @josey_orr Sep 13
        Replying to @AustenAllred

        Well said! Both take guts.

        0 replies 0 retweets 0 likes
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      1. Helder Gonçalves‏ @hgoncalvesit Sep 13
        Replying to @AustenAllred

        At the end of the day it really is like a free-for-all, only the strongest survive

        0 replies 0 retweets 0 likes
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      1. Peter Villeroy‏ @PeterVilleroy Sep 13
        Replying to @AustenAllred

        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.

        0 replies 0 retweets 0 likes
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