Yep. We’re in an unusual place historically in that the first real hurdle tech has re: regulation is when they try to offer haircuts.https://twitter.com/ganeumann/status/930474854888943618 …
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I’m joking but I’m also not joking.
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Occupational licensing is something of a hobbyhorse for CATO, and they happen to be right about it. Hair salons are excessively regulated.
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The core regulation is occupational licensing, which establishes some number of hours you have to sacrifice to the Compliance gods.
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Most tech companies don’t have occupational licensing. One did. You might recall how that worked out for all concerned.
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One way which regulations work to favor established companies is that often substantially everyone believes them to be nonsense.
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If you call them nonsense, though, you get hit by the orbital ion cannon. Then your not-blasted entrenched competitors say “Silly kids.”
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Note that it is not true that *all* regulations are backstopped by instant orbital bombardment. You have to hire people who know difference.
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Replying to @patio11
did you see this paper out literally today? about occupational licensing reducing wage gaps between black and white employees https://hceconomics.uchicago.edu/news/research-spotlight-occupational-licensing-reduces-racial-and-gender-wage-gaps …
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