Let's take automated cars, for example. Unlike Apple, and unlike some of the other tech startups that have come to be in recent decades, these things Automated cars aren't being born in regulatory freedom, they're being born in regulatory captivity. So if you want to make an automated car, for instance, you're subject to a many decades old regulatory environment that wants to treat it as an automobile, even though it has some appearance of being an automobile. (19:45–19:59)
CLAIM
Asserts that automated cars are developed under restrictive regulatory conditions.
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