Elon Musk criticizes Western regulatory gridlock, stating it hinders large projects like high-speed rail in California. He argues that prolonged prosperity leads to excessive regulations, governments growing uncontrollably, and a lack of feedback mechanisms for improvement. Musk compares government to a monopoly lacking competition's efficiency.
#ElonMusk critiques government overregulation, emphasizing the need for a balance between regulators and industry participants. https://t.co/KGICIoLQ1c
I think part of what irks lawyers in particular about Musk is that he challenges the idea that meticulous processes, neatly documented procedures, and scrupulous adherence to regulatory details are essential for building a large and successful business. Maybe some of our 1/
I think part of what irks lawyers in particular about Musk is that he challenges the idea that meticulous procedures, neatly documented structures, and scrupulous adherence to regulatory details is essential for building a large and successful business. Maybe some of our 1/
#Tesla CEO @elonmusk Warns Against Government Overregulation https://t.co/KGICIoLQ1c
ELON: GOVERNMENT HAS A BROKEN FEEDBACK LOOP FOR IMPROVEMENT "The government is like a corporation in the limit. It's a monopoly, and one that can only go bankrupt if the country goes bankrupt. Commercial corporations, if they make bad products that fail to compete, then they… https://t.co/JF2LPcOLt2
“The longer you have this creation of rules & regulations, you get to this point where each law or regulation is not perhaps crippling in & of itself, but they're all like little strings, like a million little strings that tie Gulliver down.” — Elon Musk https://t.co/19HApVCbsy
Great discussion w @elonmusk: “The government’s role is to be the referee, allowing players to play the game. What happens over time is that the gov keeps growing and at a certain point you have more referees than players on the field. And that game is not good.” @CatoInstitute https://t.co/7PfYGZDnj1
“In the West, I think, we have created regulatory gridlock where just almost everything is illegal. This is why they can't build a high speed rail in California.” — Elon Musk 🎥 @elon_docs https://t.co/6eEdxkvVnM
ELON: GOVERNMENTS ARE GROWING OUT OF CONTROL "The government's role is to ensure that the playing field is a good playing field, that there are good rules. And what happens over time, though, is government keeps growing and at a certain point, you have more referees than… https://t.co/4tnoYh31qs
ELON: CIVILIZATION MUST EXPAND, OR WE'RE DOOMED "In the extreme form of the environmentalist movement, people start to view humans as a plague on the surface of the Earth, as a fundamentally bad thing, with the implication that if all humans disappeared somehow, Earth would be… https://t.co/t3x8TjpXqT
ELON: TOO MANY REGULATIONS CRIPPLE SOCIETY "With respect to laws and regulation, we do have a fundamental issue, which is a natural outcome of an extended period of prosperity where there really hasn't been a global war. When things have been prosperous for a long time, you… https://t.co/Z19in8LITZ https://t.co/7CCo1xsnEg
Elon Musk says the government is a corporation in the limit but because it is a monopoly, it lacks the feedback mechanism to become efficient that competition provides https://t.co/zEnKpHD0z7
🚨ELON: LARGE PROJECTS ARE BASICALLY ILLEGAL IN THE WEST "You know, in the West, I think we have created regulatory gridlock where just almost everything is illegal. This is why they can't build a high speed rail in California. They spent $7 billion and there's 1600 ft… https://t.co/Ug7H0MdWrn