(From a comment to the Washington Post)

There is a lesson to be learned here. The CEO who died really believed his own story. And also really believed that any regulation was a bad idea that did nothing but block innovation.

That’s par for the course. Anyone who gets regulated thinks that way. Years ago I worked for the Bell System, which felt exactly the same way about regulators. The fact that people sincerely believe their own story is no proof that the story is true. If you want to protect against bad outcomes, you need a structure that forces real concern.

That’s true up and down the line. It’s true for protecting the public from all forms of pollution, it’s true for doing something about social media, and it’s true for protecting the Supreme Court from being bought.