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Afaik there was also a member of the team (was a scientist iirc?) that was kicked out because he warned the company about the risks of the submarine they were trying to dumbly push. I'm fine with companies, organizations, or anyone really experimenting. It's the leading cause of improvements in literally everything. Just remember to not be dumb enough to ignore the risks involved and push it to public use without any forewarning.
This is an extremely skewed view. I believe that regulations should exist when it comes to human life and safety. Otherwise, it is absolutely true that it stifles innovation.
In the case of the internet, if regulation didn't exist, yes there would be anarchy...but who cares? Doesn't anarchy already exist even with regulations? Wouldn't people learn and become vigilant faster if the internet was uncensored and unregulated?
That's my view anyway. As for this submarine saga - it's ironic about the wealth of the individuals on the submarine and the wealth of those on the titanic. Coincidence? I think not.
To be fair, regulation exists on the internet, but it isn't pushed forcefully because it doesn't directly involve the life of someone. On this submarine though? That's something that holds human lives.
I guess that it depends on your location. I believe that in recent years, the regulation and enforcement must of increased, in comparison to 10 years ago. At least innovation isn't yet massively stifled. Let's hope it gets better, not worse.
I agree 100℅ regarding the submarine though. Not following material regulations for the sake of being known for breaking rules, is ridiculous. I don't know how that all progressed to where it is now.