• sp3ctr4l@lemmy.dbzer0.com
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    5 hours ago

    Yeah, its all an incenstuous club of a class of C Suite people that know all the people on the boards of the regulatory committees, the astroturfed ‘consumer rights’ groups, the industry advocate groups, etc.

    They like to play musical chairs, hop around from seat to seat on different boards.

    But uh yeah, corruption is the name of the game with regulatory capture, so, any kind of proposal to have an actually transparent, legit, accountable bidding process will of course be decried by basically everyone connected to it.

    Remember when software companies used to like, train people, bring them up to speed, kinda like an apprenticeship, develop them as an asset, and then have a stable team?

    Yeah, that… worked better.

    But then managent essentially was insulted by the existence of people who knew more about how their own companies actually worked than they did, so they turned them all into contractors, and chaos has reigned ever since!