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> Because technology progresses faster than laws and by the time the laws catch up there are already powerful corporations established based on the lack of those laws.

I see another aspect of this. Societies have allowed tech companies to run unregulated in a trader-off between safety and technological advance.

Medical equipment, cars or planes are examples were regulations were put in place as safety failures have more dangerous consequences.

As devices are more ubiquitous and the economy and lives depend more on them, further regulation will be pushed forward.

> and now it's too late because every phone maker would lobby against it.

I agree that will take political will to regulate the tech industry. But, in the same way that phone manufacturers do not want replaceable batteries the rest of industries will see their costs reduced by such a regulation. So, there is also opposing forces that want big tech to play nicer with the rest of the industry ecosystem. And, in democratic countries, population will also push for change as their lives are disrupted by the lack of regulation.



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