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bsenftner 2 days ago

It allows a class of low quality providers to basically trick people into the industry with products that claim but cannot deliver. Then that customer either abandons, or ponys up the real amount of investment necessary for a real solution, and due to being burned already, they are more diligent in their research. Which the industry wants, because too many knock on tech company doors expecting magic genies to grant wishes.

rcxdude 2 days ago | parent [-]

That assumes that the customer actually wants the problem solved, as opposed to doing the bare minimum to be able to say 'we tried' to the regulators. And that works doubly well if the regulators also just want to do the bare minimum so they can say 'we tried' to the politicians, press, and segment of the public that thinks this is a good idea.

bsenftner 2 days ago | parent [-]

That's a very good point: just as theater.