In my circles we have been calling it unregulated free market capitalism, or laissez faire capitalism.

More examples include Uber to bypass taxi regulation, and generative AI to bypass copyright regulation (as well as consumer protection regulation in both cases as well as labor protections).

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bongodongobob 5 days ago | parent | next [-]

How does a user use AI to bypass copyright?

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runarberg 5 days ago | parent [-]

By training models on unauthorized work and allow users to request them back.

https://news.ycombinator.com/item?id=43573156

	▲	runarberg 5 days ago \| parent [-]
		I need to clarify, parent asked how does a user use AI to bypass copyright. But I answered how an AI company uses AI to bypass copyright. I am under no illusion that if a user of AI requests an image of Indiana Jones and uses it in their art, the rights holders will issue a takedown an would succeed. The AI company that owns the model that generated the model will however not face any consequences, and have therefor successfully have bypassed copyright protections.

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umanwizard 5 days ago | parent | prev [-]

What we're talking about is a much more specific phenomenon than "unregulated free market capitalism". In fact, in an unregulated market, there would be no regulatory arbitrage opportunities, by definition (e.g. Uber would have no reason to exist since taxis would already be unregulated).

	▲	runarberg 4 days ago \| parent [-]
		The idea of the argument (or more accurately the joke) is that Uber is unregulated free market capitalism. It is what happens to the taxi market if they would lift all regulations. Uber’s whole “innovation” was to find a way to be unregulated while most of their competitors were still regulated.