You can't run a nuclear power plant without submitting to very high standards of safety.

· Bits and Bobs 7/27/26
  • You can't run a nuclear power plant without submitting to very high standards of safety.
    • "We want you to innovate, but you're responsible for the mess"
    • But you can't commit to cleaning up a mess that will destroy your company.
      • That is, if you cause an existential societal melt-down, you won't be a going concern to own the mess anyway.
    • This sets up dynamics where upside is internalized by companies, but downside is externalized.
      • That sets up a bacchanal of recklessness in industry.
    • Imagine the perverse incentives if the nuclear bomb had been originally built by companies instead of the government.
      • They'd be incentivized to cause a nuclear war so their capex would be justified.