Tech leaders argue the government should not regulate fast-moving industries

Evidence

This is an Andy Grove formula.… “High tech runs three-times faster than normal businesses. And the government runs three-times slower than normal businesses. So we have a nine-times gap.… And so what you want to do is you want to make sure that the government does not get in the way and slow things down.” — Shoshana Zuboff, The Age of Surveillance Capitalism, 334

Categorization

• SHARE: Andy Grove’s nine-times-gap formula would amuse a tech-policy friend who enjoys pointed aphorisms about regulatory lag.
• CANDY: The nine-times-gap arithmetic (3x fast × 3x slow) is a quotable, self-contained tidget.